Guideline: Microeconomics for IBA

Please note, this guideline is based on the 5th edition of the book.

Table of Content
Chapter 1 – Basic principles 
Chapter 2 – Economic Models: Trade-offs and Trade 
Appendix Chapter 2 – Graphs in Economics 
Chapter 3 – Supply and demand
Chapter 4 – Consumer and Producer Surplus
Chapter 5 – Price Controls and Quotas: Meddling with Markets
Chapter 6 - Elasticity
Chapter 9 – Decision Making by Individuals and Firms
Appendix Chapter 9 – How to Make Decisions Involving Time: Understanding Present Value
Chapter 10 - The Rational Consumer
Appendix Chapter 10 - Consumer preferences and Consumer Choice
Chapter 11 - Behind the Supply Curve: Inputs and Costs
Chapter 12 - Perfect Competition and the Supply Curve
Chapter 13 - Monopoly
Chapter 14 - Oligopoly
Chapter 20 - Uncertainty, Risk, and Private Information

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