Microeconomics plus MyEconLab 1-semester Student Access Kit, Microeconomics

by Parkin, Michael

• ISBN13: 9780321600042
• ISBN10: 0321600045
• Edition: 9th
• Format: Package
• Copyright: 2010-01-01
• Publisher: Prentice Hall

Summary

Parkinrs"sMicroeconomicsis a worldwide leader because it provides a serious, analytical approach to the discipline using the latest policy and data. Parkin trains students to think like economists by offering a clear introduction to theory and applying the concepts to todayrs"s events, news, and research. Introduction: What is Economics?; The Economic Problem.How Markets Work: Demand and Supply; Elasticity; Efficiency and Equity; Government Actions in Markets; Global Markets in Action.Householdsrs" Choices: Utility and Demand; Possibilities, Preferences, and Choices.Firms and Markets: Organizing Production; Output and Costs; Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly.Market Failure and Government: Externalities; Public Goods and Common Resources.Factor Markets, Inequality, and Uncertainty: Markets for Factors of Production; Economic Inequality; Uncertainty and Information. For all readers interested in microeconomics.

Table of Contents

Introduction

What is Economics?

The Economic Problem

How Markets Work

Demand and Supply

Elasticity

Efficiency and Equity

Markets in Action

Global Markets in Action

Households' Choices

Utility and Demand

Possibilities, Preferences, and Choices

Firms and Markets

Organizing Production

Output and Costs

Perfect Competition

Monopoly and its Regulation

Monopolistic Competition

Oligopoly and Antitrust Law

Market Failure and Government

Externalities

Public Goods and Common Resources

Factor Markets, Inequality, and Uncertainty

Markets for Factors of Production

Economic Inequality

Uncertainty, Information, and Insurance

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