Modern Microeconomics (Intl)

Book Details:

• Publisher: Bloomsbury Academic India

• Author: A. Koutsoyiannis

• Language: English

• Edition: 2nd Edition

• ISBN: 9789356404106

• Pages: 588

• Binding: Paperback

• Release Date: 18-04-2023

• Package Dimensions: 8.7 x 5.7 x 0.6 inches

About The Book:

Modern Microeconomics by A. Koutsoyiannis offers a comprehensive and accessible exploration of both traditional and modern microeconomic theory. Designed primarily for undergraduate micro-theory courses, this second edition includes all essential topics in price theory and is also suitable for postgraduate courses that approach microeconomics at an intermediate level.

The book places significant emphasis on the behavior models of the core economic units—consumers and producers—while dedicating considerable attention to the concept of oligopoly, the dominant market structure in the modern industrial world. In addition to the core topics, this edition introduces a third part covering factor pricing, general equilibrium theory, and welfare theory, thus broadening its scope.

Written with a verbal approach and supported by numerous diagrams, the text facilitates a clear understanding of complex economic theories. Mathematical proofs are provided where necessary, but presented in footnotes or small print so as not to interrupt the primary narrative, making the book approachable for students without a strong mathematical background.

This textbook is distinguished by its unique combination of extensive coverage and clear, accessible writing, making it an invaluable resource for students and educators in the field of economics.