Microeconomics Essentials You Always Wanted To Know by Amlan Ray

Microeconomics Essentials You Always Wanted To Know by Amlan Ray

• Have you wondered how companies decide the price of their products?
• What factors do companies consider while allocating their resources?
• How does consumer behavior affect the factors of production?

Microeconomics Essentials You Always Wanted To Know has the answers to all your questions. The book shows how the demand of consumers affects the market supply and how price is a major determinant of them. Next, the book goes on to explain consumer behavior with the help of cardinal and ordinal utility approaches. The book dives deep into the functions of markets and the roles that they play in a booming or receding economy. Lastly, it touches upon the topic of international trade and its advantages for a country. It contains plenty of examples that are relevant to the real world which will make it easier for you to grasp the concepts. Microeconomics Essentials You Always Wanted To Know is a go-to guide for understanding all the crucial concepts that form the building blocks of microeconomics.

After reading this book, readers will:

• Understand the basic concepts of Microeconomics
• Learn the relationship between demand and supply
• Get to know the various types of markets
• Discover how prices of goods and services are determined
• Understand the theory of factor pricing
• Appreciate policy decisions related to taxation, interest rate, and international trade

About the Series

Microeconomics Essentials You Always Wanted to Know is part of the Self-Learning Management Series. This series is designed to help students, new managers, career switchers, and entrepreneurs learn essential management lessons and covers every aspect of business, from HR to Finance to Marketing to Operations across any and every industry. Each book includes fundamentals, important concepts, standard and well-known principles, and practical ways of application of the subject matter.

Vibrant Publishers, based in the United States, specializes in high-quality guide books for IT professionals, managers, and graduate students. Vibrant Publishers has revolutionized the way rich material is distributed to today's fast-paced age. The need to know now mentality of this new generation, as well as the extremely competitive corporate environment, has prompted the publication of a series of books that provide only the required information. Vibrant Publishers is dedicated to producing books that are rich in substance, concise, and approachable, allowing a wider audience to read and profit from them. The Job Interview Questions Series is designed for IT professionals, including college freshmen, junior/senior programmers, business analysts, and project managers.

The Self-Learning Management Series is designed to provide working professionals a head start in areas where their job tasks require information imparted in a B-school but they don't have the time to visit one. The Test Prep Series simplifies test preparation for GRE, GMAT, and SAT exam candidates.