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The authors of MICROECONOMICS: PRIVATE AND PUBLIC CHOICE integrate applications, real-world data and coverage of the 2008-2009 recession to help basic economic concepts come alive for the reader. The text focuses on the power and relevance of the economic way of thinking, helping the reader to apply economic principles to the world around them.
Table of Contents
|The Economic Way of Thinking|
|The Economic Approach|
|Some Tools of the Economist|
|Markets and Government|
|Supply, Demand, and the Market Process|
|Supply and Demand: Applications and Extensions|
|Difficult Cases for the Market and the Role of Government|
|The Economics of Collective Decision Making|
|Consumer Demand and Elasticity|
|Costs and the Supply of Goods|
|Price Takers and the Competitive Process|
|Price-Searcher Markets with Low Entry Barriers|
|Price-Searcher Markets with High Entry Barriers|
|The Supply of and Demand for Productive Resources|
|Earnings, Productivity, and the Job Market|
|Investment, the Capital Market, and the Wealth of Nations|
|Income Inequality and Poverty|
|Gaining from International Trade|
|Applying the Basics: Special Topics|
|Government Spending and Taxation|
|The Internet: How Is it Changing the Economy?|
|The Economics of Social Security|
|The Stock Market: Its Function, Performance, and Potential as an Investment|
|The Crisis of 2008: Causes and Lessons for the Future|
|Lessons from the Great Depression|
|The Economics of Health Care|
|School Choice: Can it Improve the Quality of Education?|
|Is Discrimination Responsible for the Earnings|
|Difference between Men and Women?|
|Do Labor Unions Increase the Wages of Workers?|
|are We Running Out of Resources?|
|Difficult Environmental Cases and the Role of Government|
|General Business and Economic Indicators|
|Answers to Selected Critical Analysis Questions|
|Table of Contents provided by Publisher. All Rights Reserved.|