Microeconomics

A Very Short Introduction

Avinash Dixit (Sherrerd University Professor Emeritus, Princeton University)

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English

Oxford University Press
08 May 2014

Economics & Business; Economics; Microeconomics

Series: Very Short Introductions

Microeconomics - individuals' choices of where to live and work, how much to save, what to buy, and firms' decisions about location, hiring, firing, and investment - involves issues that concern us on a daily basis. But when people think about economics, they tend to place importance on the bigger picture - macroeconomics - including issues such as unemployment, inflation, and the competitiveness of nations.

In this Very Short Introduction, Avinash Dixit argues that the microeconomy has a large impact on the economic world, arguably as much as the issues of macroeconomics.

Dixit steers a clear path through the huge number of issues related to microeconomics, explaining what happens when things go well, as well as showing how they fail, why that happens, and what can be done about it. Using real-life examples from around the world, using the minimum of mathematics and including simple graphs, he provides insights into economics from psychology and sociology to explain economic behaviour and rational choice. An ideal introduction for anyone interested in business and economics.

ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

By: Avinash Dixit (Sherrerd University Professor Emeritus Princeton University)
Imprint: Oxford University Press
Country of Publication: United Kingdom
Dimensions: Height: 174mm, Width: 114mm, Spine: 10mm
Weight: 138g
ISBN: 9780199689378
ISBN 10: 0199689377
Series: Very Short Introductions
Pages: 152
Publication Date: 08 May 2014
Audience: College/higher education , A / AS level
Format: Paperback
Publisher's Status: Active

1: What and why of microeconomics 2: Consumers 3: Producers 4: Markets and incentives 5: Institutions and organizations 6: Policy Further reading

Avinash Dixit is Professor of Economics Emeritus at Princeton University. He is also a Distinguished Adjunct Professor of Economics at Lingnan University, Hong Kong, and a Senior Research Fellow at Nuffield College, Oxford. His research interests include microeconomic theory, game theory, international trade, industrial organization, growth and development theories, public economics, political economy, and the new institutional economics.

Reviews for Microeconomics: A Very Short Introduction

[A]ccessible and straight-talking * Rutland Mercury * Dixit demonstrates in this accessible book that economists do at least know a great deal more than nothing about microeconomics * Lorien Kite, Book of the Year 2014, Financial Times * One of The Financial Times Best Books of 2014