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Printed summary of Principles of Microeconomics: European Edition - McDowell et al. - 3rd edition

 

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Contents: The summary of Principles of Microeconomics: European Edition by McDowell, Bernanke et al. describes the main topics of microeconomics in 15 chapters. Amongst others, the following topics are treated: the relations between markets, specialisation and economic efficiency, Adam Smith's invisible hand theory, the economics of information, and the credit crunch and economic depression.

Form: printed, roughly 45 pages

Language: English

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Choice assistance with summaries of Principles of Microeconomics, European Edition - McDowell et. al. - 3rd edition

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  • The printed booksummary contains the following chapters:
    • Which principles do economists have? - Chapter 1
    • How do markets, specialisation and economic efficiency relate to each other? - Chapter 2
    • How do supply and demand shape the elasticity of markets? - Chapter 3
    • What is the demand side of the market? - Chapter 4
    • How is the competitive market based on the supply side of the market? - Chapter 5
    • What is market efficiency? - Chapter 6
    • What is Adam Smith’s invisible hand theory and how does it relate to profits and losses? - Chapter 7
    • What are the consequences of imperfect competition and market power? - Chapter 8
    • How do interdependence, decision making and games relate to strategic thinking? - Chapter 9
    • Which effects does competition among a few companies have on strategies? - Chapter 10
    • What are externalities and property rights in the context of microeconomics? - Chapter 11
    • What is meant by "the economics of information"? - Chapter 12
    • How are labour markets and income distribution structured and how can we define the line between wealth and poverty? - Chapter 13
    • How are the government's production and regulation shaped in the market economy? - Chapter 14
    • What are the credit crunch and the great economic depression? - Chapter 15

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