Essentials of Microeconomics is an excellent introduction to microeconomics. It presents the basic tools of microeconomics in a clear and concise manner. This book delivers a parsimonious yet vigorous treatment of all relevant introductory microeconomic concepts. In the text there is also an emphasis on modern economics – on game theory and imperfect markets. The book is self-contained, with a chapter on the key mathematical skills required included at the start of the text.
This book is ideal for an introductory microeconomics course at any good university. The level of analysis of the book also makes it appropriate even for introductory level economics taught at the postgraduate level; the emphasis on strategy makes this text well suited for an introductory course in business economics.
Bonnie Nguyen is an Honours graduate from the University of Sydney in both Law and Economics. Bonnie’s research interests include an economic analysis of litigation and the internal organization and ownership structure of firms. She has published research in the Journal of Institutional and Theoretical Economics and the Australian Economic Review. Bonnie has previously taught microeconomics at the University of Sydney.
Andrew Wait is an Associate Professor in the School of Economics at the University of Sydney. He has a PhD from the Australian National University and a Bachelor of Economics (Honours) from the University of Adelaide. Andrew’s research interests include industrial organisation and organisational economics. Andrew has published in theRand Journal of Economics, the International Journal of Industrial Organization and theJournal of Law, Economics and Organization. He is the co-convenor of the Annual Organizational Economics Workshop.
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