num_pages: 152
description: 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 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.In this Very Short Introduction  Avinash Dixit argues that the microeconomy has a large impact on the economic world arguably as much as the issues of macroeconomics.Dixit steers a clear path through the huge number of issues related to microeconomics explaining what happens when things go well as well as showing how they fail why that happens and what can be done about it. Using real-life examples from around the world using a minimum of mathematics and including simple graphs he provides insights into economics from psychology and sociology to explain economic behavior and rational choice.About the Oxford's Very Short Introductions series offers concise and original introductions to a wide range of subjects--from Islam to Sociology Politics to Classics Literary Theory to History and Archaeology to the Bible. Not simply a textbook of definitions each volume in this series provides trenchant and provocative--yet always balanced and complete--discussions of the central issues in a given discipline or field. Every Very Short Introduction gives a readable evolution of the subject in question demonstrating how the subject has developed and how it has influenced society. Eventually the series will encompass every major academic discipline offering all students an accessible and abundant reference library. Whatever the area of study that one deems important or appealing whatever the topic that fascinates the general reader the Very Short Introductions series has a handy and affordable guide that will likely prove indispensable.
language: English
title: Microeconomics: A Very Short Introduction
publisher: Oxford University Press