Prodigy Books is committed to providing publisher-quality, low-cost, outstanding educational content to teachers, students, and parents around the world. This book is the second of two volumes in Microeconomics, containing lessons 46 - 90. Volume I: Lessons 1 - 45 Volume II: Lessons 46 - 90 This title is part of the Prodigy Books Textbook Series.

Prodigy Books is committed to providing publisher-quality, low-cost, outstanding educational content to teachers, students, and parents around the world. This book is the second of two volumes in Sociology, containing lessons 46 - 90. Volume I: Lessons 1 - 45 Volume II: Lessons 46 - 90 This title is part of the Prodigy Books Textbook Series.

Prodigy Books is committed to providing publisher-quality, low-cost, outstanding educational content to teachers, students, and parents around the world. This book is the second of two volumes in Macroeconomics, containing lessons 46 - 90. Volume I: Lessons 1 - 45 Volume II: Lessons 46 - 90 This title is part of the Prodigy Books Textbook Series.

Prodigy Books is committed to providing publisher-quality, low-cost, outstanding educational content to teachers, students, and parents around the world. This book is the first of two volumes in Microeconomics, containing lessons 1 - 45. Volume I: Lessons 1 - 45 Volume II: Lessons 46 - 90 This title is part of the Prodigy Books Textbook Series.

Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes. Key features include: --Clear explanation of basic concepts and analytical tools, with advanced models presented in optional chapter appendices; --Presentation of policy issues in historical, institutional, social, political, and ethical context--an approach that fosters critical evaluation of the standard microeconomic models, such as welfare analysis, labor markets, and market competition; --A powerful graphical presentation of various measures of well-being in the United States, from income inequality and educational attainment to home prices; --Broad definition of well-being using both traditional economic metrics and factors such as environmental quality, health, equity, and political inclusion; --New chapters on the economics of the environment, taxes and tax policy, common property and public goods, and welfare analysis; --Expanded coverage of high-interest topics such as behavioral economics, labor markets, and healthcare; --Full complement of instructor and student support materials online, including test banks and grading through Canvas.

The serious message for marketing is that this is a textbook-agnostic supplement to Principles of Microeconomics written by an experienced professor who has taught this course to undergraduates at Berkeley for more than 10 years. Professor Olney incorporates her insights and experience in the classroom into this excellent text or supplement for all students interested in learning the key principles of Microeconomics. This could be used for the Principles course or as a supplement for any course in which students need a refresher.

Microeconomics focuses on individual units like a consumer, a producer, a firm/industry, a commodity, etc. It analyses the behaviour of one market variable at a time. In microeconomics, the commodity markets are divided into perfect competitive markets and imperfect markets. 'Microeconomic Theory and Application (Part II)' deals with imperfect markets that are broadly classified into monopoly, monopolistic competition and oligopoly. Apart from this, the book also deals with the concept of factor pricing and its various aspects, in detail. This book supplements the classroom teaching and has been developed as per the syllabus of Bcom (Hons) II year course of the University of Delhi. The book would prove to be equally useful for all microeconomics courses at the graduation level across all the universities in India.