Microeconomics: case studies and applications contains case studies that explore core microeconomics concepts by focusing on current events in economics and providing a theory refresher for each section and questions.
Case studies differ from news articles in that they are written specifically for students at a level they can easily relate to, and are presented in such a way that the theoretical concept being taught can be applied. It’s intended as a stepping stone into using authentic articles as they progress.
Each case study presents a different application of a core concept or theory. The core concept that is applied in each case study is listed in the book’s table of contents. As well as the main text, which presents the application of the core concept, each case study contains a range of extra material. A ‘Theory refresher’ section provides a quick way for students to revise a key concept or theory that is important for understanding the application in that case study. In most case studies, the theory refresher is on the core concept or theory being applied; the only exceptions come where a core concept has been applied in a previous case study and covered in the theory refresher in that case study. The table of contents also lists the theory refresher for each case study. Also appearing in each case study is a set of ‘Key lessons’ that summarise the main points, ‘Some questions to think about’ and ‘Ideas for further reading’.