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 ...
MoreMicroeconomics — 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.
Microeconomics: A Very Short Introduction argues that the microeconomy has a large impact on the economic world. Using real-life examples from around the world, this VSI provides insights into economics from psychology and sociology to explain economic behaviour and rational choice.
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