Microeconomics

Unlock the principles of microeconomics with David N. Hyman's "Microeconomics," a comprehensive and insightful exploration of economic behavior at the individual and firm levels. This updated edition, published by Irwin Professional Publishing, provides a robust foundation for understanding how markets function and how resources are allocated in a world of scarcity. While this edition was originally published in 1989, its core principles remain timeless and relevant. Hyman's clear and accessible writing style makes complex economic concepts understandable for students and anyone seeking a deeper understanding of the forces that shape our economy. The book delves into key areas such as supply and demand, market structures, consumer behavior, and the theory of the firm. Although published some time ago, the strength of this work lies in its ability to present the fundamental principles of microeconomics in an easily digestible manner. This 4th edition builds upon previous editions, ensuring a smooth transition for instructors and students already familiar with Hyman's approach. Key features include a focus on real-world applications to make economic theory more relatable and engaging. Even though the specific examples may be dated, the underlying concepts they illustrate are enduring, providing a solid framework for analyzing contemporary economic issues. Whether you're a student taking an introductory microeconomics course, a business professional seeking to improve your understanding of market dynamics, or simply an inquisitive individual interested in how the economy works, "Microeconomics" offers valuable insights. Though published in 1989, the core knowledge contained within it still serves as an excellent educational tool. This edition emphasizes understanding fundamental principles that can be applied to contemporary situations and challenges. While published before the rise of the internet and globalization, the principles of supply, demand, and competition still hold true, making this an important foundational text. This paperback edition offers a portable and affordable way to access Hyman's expertise. Despite its concise page count (likely a typo, and realistically a much longer book based on its weight!), this book provides a wealth of information to deepen your understanding of microeconomics. It is organized for easy navigation, allowing you to quickly find the information you need. Explore how individuals make decisions, how businesses operate, and how markets function with this classic text. Even though this edition is from 1989, its core concepts are timeless and relevant to understanding the complexities of the modern economy. This text's enduring value makes it a worthwhile addition to any economics student or enthusiast's library.