Principles of Economics (Volume 1) Microeconomics 6th Edition

Author: Carl E. Kays
Publisher:
Publish Date: 2003-05-01
Features: Principles of Economics, co-authored by Professor Kays of Wellesley College and Professor Phel of Yale University, is one of the widely adopted economics textbooks in universities across the United States. Over 1 million students in the U.S. have used this textbook. Both authors hold Ph.D. degrees in economics from Harvard University and the Massachusetts Institute of Technology, respectively, and are renowned economists. The book is divided into two volumes, with microeconomics forming the first volume and macroeconomics and international economics comprising the second volume. The first volume consists of 15 chapters, which provide a detailed and extremely simple and easy-to-understand introduction to the fundamental theories of microeconomics, with a focus on consumer theory, firm theory, market failures, and the role of government. This book is suitable as a textbook for lower-level undergraduate students of economics and management in higher education institutions, as well as for a broad audience of economics enthusiasts to read and study.