Microeconomics: An Integrated Perspective

“Microeconomics: An Integrated Perspective” provides a comprehensive overview of microeconomic principles, merging traditional concepts with modern perspectives. This book delves into the philosophy of economics, analyzing individual and cooperative behaviors within market dynamics. It explores topics such as comparative advantage, supply and demand mechanisms, and market failures, shedding light on institutional economics and rational-choice models.

Moreover, the resource navigates through contemporary microeconomic theories, addressing issues like externalities, monopoly, oligopolistic competition, and behavioral economics. By integrating diverse viewpoints and theories, this book offers a holistic understanding of microeconomics, catering to students and professionals seeking an integrated approach to comprehend the complexities inherent in individual decisions and market structures.

Keywords

Philosophy of Economics, Comparative Advantage, Supply and Demand, Market Failures, Individual and Cooperative Behavior, Monopoly and Oligopolistic Competition, Modern Microeconomics, Institutional Economics, Externalities, Rational-choice models, Behavioral economics