Essentials of Economics

Essentials of Economics

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Real examples. Real companies. Real business decisions. Covering the core economics principles and providing engaging, relevant examples within just nineteen Chapters, Hubbard Essentials of Economics is the perfect teaching and learning resource for a one semester unit. The authors present economics as a dynamic, relevant discipline for Australasian students. The key questions students of first year economics ask themselves are: `Why am I here?a€ and a€œWill I ever use this?a€™ Hubbard Essentials of Economics answers these questions by demonstrating that real businesses use economics to make real decisions every day. Each chapter of the text opens with a case study featuring a real business or real business situation, refers to the study throughout the Chapter, and concludes with An Inside Looka€”a news article format which illustrates how a key principle covered in the Chapter relates to real business situations or was used by a real company to make a real business decision.Make sure your diagram includes the monopolista#39;s demand, marginal revenue, average total cost and marginal cost ... a version of Windows, which made the production costs of the Xbox much higher than Sonya#39;s PlayStation 2 (PS2). ... Discuss the factors that would make it difficult for new companies to enter this market.

Title:Essentials of Economics
Author:Glenn Hubbard, Anne Garnett, Phil Lewis
Publisher:Pearson Higher Education AU - 2012-10-17


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