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About the Book

This book aims to firstly introduce you to the problems of microeconomics and to enable you to explore the ways in which private and government agents deal with them. It covers economic efficiency and resource allocation, market versus command economy, product and factor markets, and the problem of externalities. Besides, the second part of this book introduces you to the problems of macroeconomics and to enable you to explore the ways in which private and government agents deal with them. It covers macroeconomic indicators and the nature of macroeconomic problems, and macroeconomic policy.


About the Author

Michael C. M. Ng’s avatar Michael C. M. Ng

Dr. Michael Ng obtained his Bachelor of Business Administration in Economics from The Hong Kong University of Science and Technology, Master of Economics and Master of Statistics from The University of Hong Kong, Master of Science in Quantitative Finance from The University of London, and a Doctor of Philosophy in Economics from The University of Leicester. He completed a Professional Certificate in Data Science from Harvard University. Dr Ng is a Fellow of Royal Statistical Society and Advanced Certified Professional Forecaster (ACPF). Dr. Ng has been teaching in several universities in Hong Kong for more than 10 years. He has developed a number of distance learning undergraduate economics courses for Economics, he is interested in teaching Macroeconomics, Labour Economics and Applied Econometrics. 

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