Synopsis "Mastering Intermediate Microeconomics with Excel"
I get to dive into countless books, and I must say, this one is an absolute delight. No need for any unnecessary delay, let me give youa sneak peek into what makes it so worthwhile. Are you ready? Let'sjump right in with the introduction!Welcome to the second edition of thisremarkable textbook, which has returned with a fresh face and exciting updates! Buildingupon the success of the first edition, published by Cambridge University Press in 2009, this edition takes the core concepts that made it exceptional and enhances them with newfeatures and valuable content.In this edition, we have diligently refreshed all thescreenshots, ensuring compatibility with the latest version of Excel, Excel 2019. By doingso, we offer you an up-to-date and practical learning experience. Real-world applicationshave also been updated, enriching your understanding of how economic principles areapplied in today's dynamic environment.We have taken the opportunity to correct anytypos and mistakes that might have slipped through in the first edition, ensuring asmoother reading experience. We believe in continuous improvement, and this editionreflects our commitment to delivering the highest quality material to ourreadersExcitingly, this edition introduces a brand-new chapter on rational addiction, shedding light on a fascinating aspect of economic theory. Additionally, we have includedseveral fresh optimization problem examples, providing you with even more opportunitiesto refine your problem-solving skills.This book has always stood out from the crowd, andthat remains true in this edition. From the outset, we have embraced a unique approach byintegrating Microsoft Excel into the teaching of economic theory. This innovativeapproach allows you to develop sophisticated Excel skills alongside your understanding ofeconomics-an invaluable advantage that sets this book apart from any other in the field.The use of Excel has driven a host of additional benefits. It compels us to present concrete, numerical problems, bridging the gap between theory and practical application. Moreover, Excel's Solver enables us to showcase numerical methods for solving optimizationproblems and equilibrium models-a feature that is unparalleled in any other textbook.By providing readily available numerical solutions, this book goes beyond themainstream, elevating analytical methods that are often relegated to appendixes oroverlooked altogether. Every problem is approached from two angles-once with Exceland once with equations, algebra, and, when necessary, calculus-offering acomprehensive learning experience that is truly one of a kind.We are thrilled to embark onthis educational journey with you through the pages of this second edition. Prepare todiscover the power of Excel in economics, unravel the mysteries of rational addiction, andembrace new optimization problem examples. Whether you are a student or a curiousreader, we hope this textbook will not only expand your knowledge but also ignite yourpassion for the fascinating world of economics
