Noh Hyung-kyu: Basic Microeconomics (26-1 semester, workbook included)

This is an entry document for the first students to come in contact with economics. Economic theory is divided into microeconomics, which is largely for analyzing individual markets and macroeconomics which are based on analysis of national economies, in which the study deals with the most basic aspects of microeconomic theory. Starting with understanding the rarest and most common source-based problems of resources, which are the starting points for economic theory, we learn how to create markets and supply and how to find the principles that determine the price of markets, and what is the elasticity that really works in economic phenomena and how we can save them. After studying the basic concepts of economic theory, we learn about the way consumers choose in a given price and income environment, and then understand the different concepts of cost and then figure out the shape of each cost curve. We're also learning about the whole competitive market, exclusive market, monopolies, and so on, and we're analyzing the stock market that is a big economy. The book also uses the market for goods as an analysis, and from the end of the textbook, chapters 9 to 11 explain the demand and supply of labor markets, capital and investment, land markets, and how they work with various graphs and curves.

Korean title: 기초미시경제론(26-1학기, 워크북포함)

Korean author: 노형규

Korean publisher: 한국방송통신대학교출판문화원

ISBN-13: 9788920048340