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Micro Economics for Beginners [Download]

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Micro Economics for Beginners [Download]

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Product description

This book helps you understand the concepts and terminology of a college level first year economics course. You do not need to know mathematical equations to understand the basic concepts presented throughout this book: the use of real-life examples and easy to read graphs makes the content easy to grasp. Upon completing this book, you will have the knowledge and understanding of a beginning economist level. Topic Outline 1. Introduction What Is A Curve?|Declining Marginal Output|Microeconomics - Macroeconomics 2. Production Possibilities Curve Production Possibilities Curve|Under-use of Resources|Three Types of Costs|Improved and Declining Manufacturing Capability 3. Comparative Advantage Barter|Using Comparative Advantage|Consumption|Consumption Possibilities Curve 4. Gross Domestic Product and National Accounts Added Value|National Income|National Accounts|Gross and Net Investment|GDP|The PPC Curve 5. Demand and Supply Demand and Supply Curves|Shifting In the Curves|Shifting of the Curves|Market Equilibrium Price|Export and Imports|Interfering of the Government|Elasticity|Types of Markets 6. Household Savings vs. Shortfall|Lorenz Curve|Taxes|The Consumption Curve 7. The Central Bank Checking Accounts|What Money Is|The Economy|Bank Lending|Loans|Bank Sheets|The Income Statement|Issuing Currency

Micro Economics for Beginners [Download]