Authors: R. Glenn Hubbard; Anthony Patrick O'Brien
Provides an introduction to the principles of microeconomics, focusing on how households and firms make decisions in a market economy. The book explains key concepts such as supply and demand, elasticity, production and costs, market structures, competition, and monopoly, supported by real-world examples and applications to help students understand economic decision-making.
With clear explanations and practical examples, this book is an essential resource for students studying economics and related fields. It helps build a strong foundation in analyzing market behavior and making informed economic decisions.
