Microeconomic Foundations: Theory, Application, and Policy

ISBN NO-978-93-6175-125-7

In the ever-evolving landscape of economic thought, the significance of microeconomics
cannot be overstated. It is within this intricate framework of individual choices, market
dynamics, and policy implications that the foundation of economic understanding is laid.
“Microeconomic Foundations: Theory, Application, and Policy” is conceived with the
ambition to bridge the realms of theoretical microeconomics and its practical applications,
offering a comprehensive guide that navigates through the core principles, contemporary
issues, and the multifaceted role of policy in shaping economic outcomes.
This book is the culmination of years of teaching, research, and engagement with the practical
aspects of microeconomics. It is designed to serve a broad audience, from undergraduate
students grappling with the basics of the discipline to graduate scholars exploring advanced
concepts, and professionals seeking to apply microeconomic principles to real-world scenarios.
The genesis of this work lies in the recognition of the need for a text that not only elucidates
the theoretical underpinnings of microeconomics but also demonstrates the application of these
theories in addressing contemporary economic challenges.