Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less

Find all of the following topics, explained in plain-English:

Introduction
What is Economics? | Not a Perfect Model | Microeconomics vs. Macroeconomics

1. Maximizing UtilityDecreasing Marginal Utility | Opportunity Costs

2. Evaluating Production PossibilitiesProduction Possibilities Frontiers | Absolute and Comparative Advantage

3. DemandDeterminants of Demand | Elasticity of Demand | Change in Demand vs. Change in Quantity Demanded

4. SupplyDeterminants of Supply | Elasticity of Supply | Change in Supply vs. Change in Quantity Supplied

5. Market EquilibriumHow Market Equilibrium is Reached | The Effect of Changes in Supply and Demand

6. Government InterventionPrice Ceilings and Price Floors | Taxes and Subsidies

7. Costs of ProductionMarginal Cost of Production | Fixed vs. Variable Costs | Short Run vs. Long Run | Sunk Costs | Economic Costs vs. Accounting Costs

8. Perfect CompetitionFirms Are Price Takers | Making Decisions at the Margin | Consumer and Producer Surplus

9. MonopolyMarket Power | Deadweight Loss with a Monopoly | Monopolies and Government

10. OligopolyCollusion | Cheating the Cartel | Government Intervention in Oligopolies

11. Monopolistic CompetitionCompeting via Product Differentiation | Loss of Surplus with Monopolistic Competition

Conclusion: The Insights and Limitations of Economics