DSpace at VNU: Practical Guide To Contemporary Economics Practical Guide To tài liệu, giáo án, bài giảng , luận văn, luậ...
Trang 1Practical Guide To Contemporary Economics
Download free books at
Trang 2Yuri Yevdokimov
Practical Guide To Contemporary
Economics
Download free eBooks at bookboon.com
Trang 3Practical Guide To Contemporary Economics
© 2012 Yuri Yevdokimov & bookboon.com
ISBN 978-87-403-0238-7
Download free eBooks at bookboon.com
Trang 4Practical Guide To Contemporary Economics
4
Contents
Contents
1 he Issues and Methods of Economics 10
1.1 Economics as a science 10
1.2 Modeling in economics 11
1.3 Economic way of thinking 13
1.4 Production possibilities frontier (PPF) 14
1.5 PPF and opportunity costs 16
1.6 Economic eiciency 17
1.7 Specialization, absolute and comparative advantage 18
2 Demand and Supply 21
2.1 Demand as a function 21
2.2 Individual demand versus market demand 24
2.3 Determinants of demand 25
2.4 Supply as a function 26
2.5 Individual supply and market supply 27
2.6 Determinants of supply 28
2.7 Market equilibrium 29
Download free eBooks at bookboon.com
Click on the ad to read more
www.sylvania.com
We do not reinvent the wheel we reinvent light.
Fascinating lighting offers an ininite spectrum of possibilities: Innovative technologies and new markets provide both opportunities and challenges
An environment in which your expertise is in high demand Enjoy the supportive working atmosphere within our global group and beneit from international career paths Implement sustainable ideas in close cooperation with other specialists and contribute to inluencing our future Come and join us in reinventing light every day.
Light is OSRAM
Trang 5Practical Guide To Contemporary Economics
5
Contents
2.8 Price elasticity of demand 31
2.9 Total revenue and price elasticity of demand 37
2.10 Price elasticity of supply 37
2.11 Other types of elasticity 38
3 Consumer Choice and Demand 40
3.1 Consumption and rationality 40
3.2 Budget constraint and budget line 40
3.4 Maximizing total utility 45
3.5 Deriving the demand curve 47
3.6 Consumer surplus 49
4 Production and Costs 51
4.1 A irm in economics 51
4.2 Accounting versus economic costs and proits 52
4.3 he short-run and long-run 55
4.4 Short-run production 55
4.5 Short-run costs 59
4.6 Simple algebra of the short-run costs 62
4.7 Long-run production and costs 64
Download free eBooks at bookboon.com
Click on the ad to read more
360°
thinking
© Deloitte & Touche LLP and affiliated entities.
Discover the truth at www.deloitte.ca/careers