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An Integrative Approach

Recommend to library. Free Shipping. This text provides a comprehensive and unique introduction to modern microeconomics. It pursues an integrative approach by putting the main findings of economics into a broader perspective; theories are critically reflected It pursues an integrative approach by putting the main findings of economics into a broader perspective; theories are critically reflected on from a philosophical standpoint and by comparing them to approaches found in the social sciences, while implications for the design of the legal system and business practices are highlighted throughout.

ECON Principles of Microeconomics

Starting from the question as to why and how societies organize economic activity, the book adopts an institutional perspective to analyze the potential and limitations of different market types with regard to alleviating scarcity and achieving distributive objectives. Build and share your own catalog of courses with Class Central's custom lists. What did Adam Smith mean when he said the market process works like an "invisible hand"?


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We will cover all the key topics including competition, monopoly, price discrimination, externalities, public goods and more. Get personalized course recommendations, track subjects and courses with reminders, and more. Home Subjects Social Sciences Economics. Facebook Twitter Envelope Url.

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    Principles of Economics: Microeconomics

    Buy Softcover. FAQ Policy. About this Textbook This text provides a comprehensive and unique introduction to modern microeconomics. Show all.