Modern MicroEconomics 2nd Edition by A Koutsoyiannis

Modern Microeconomics (2nd Edition)
by A. Koutsoyiannis

This book is a classic in the field of Microeconomics, offering an in-depth exploration of core concepts and principles in the study of individual economic behavior. Written by A. Koutsoyiannis, it is widely regarded as one of the most influential texts for students of economics. The second edition provides an updated perspective on the subject, integrating new concepts and theories with established ideas.

Key Features:

• Comprehensive Coverage: The book covers a broad range of microeconomic topics, including market theory, consumer behavior, production theory, and market structures.
• Clear Explanations: It provides lucid explanations of complex economic theories, making it suitable for students new to economics.
• Theoretical & Analytical Approach: The book focuses not only on theoretical concepts but also on their practical applications, using mathematical models to explain economic behavior.
• Numerical Examples and Diagrams: Throughout the book, there are clear examples, graphs, and charts to help visualize economic concepts.
• Updated Content: The second edition includes revisions, expansions, and updates to reflect recent developments in microeconomic theory.
• Exercises & Problems: Includes practice problems to reinforce learning and encourage critical thinking.

Topics Covered:

1. Introduction to Microeconomics
2. Demand and Supply Analysis
3. Elasticity of Demand and Supply
4. Consumer Theory
5. Theory of Production and Costs
6. Market Structures (Perfect Competition, Monopoly, Oligopoly)
7. Factor Markets and Wage Determination
8. Market Failures and Government Intervention
9. General Equilibrium and Welfare Economics
10. Public Goods and Externalities

Ideal For:

• Economics Students: Suitable for undergraduate and graduate students in economics and related fields.
• Competitive Exam Candidates: Helpful for individuals preparing for competitive exams that include economic concepts.
• Academic Reference: A valuable resource for researchers and instructors looking for a structured approach to teaching microeconomics.