SAMPLE Microeconomics

First page Table of contents Next page Last page

Front cover	1
Chapter 1 : Basic Economic Concepts	7
A. Scarcity, Choice, and Opportunity Cost	8
Chapter 2.1: The Nature and Functions of ProductMarkets – Market Equilibrium	10
A. Markets and Competition	11
B. Demand and its Determinants	11
Chapter 2.2: The Nature and Functions of ProductMarkets – Elasticity	12
A. Price Elasticity of Demand	13
Back cover	16

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