Microeconomics Principles, Problems, & Policies

by McConnell, Campbell; Brue, Stanley; Flynn, Sean

• ISBN13: 9780077660819
• ISBN10: 0077660811
• Edition: 20th
• Format: Paperback
• Copyright: 2015-01-13
• Publisher: McGraw-Hill Education

Summary

McConnell/Brue/Flynn has long set the standard for providing high-quality content to instructors and students all over the world. It has remained the most widely used principles of economics product as a result of persistent innovation. The 19th edition brought adaptive technology to the market for the first time with LearnSmart, a resource that ensures that every minute a student spends studying is the most efficient and productive time possible. Feedback from users in combination with the analysis of student performance data from the 19th edition's digital products significantly informed the revision of the 20th edition, resulting in a product expertly tailored to the needs of today's students.

With the 20th edition, students and instructors will benefit from a new offering that expands upon the dynamic and superadaptive capabilities of LearnSmart: SmartBook, the first and only adaptive eBook. McConnell/Brue/Flynn's tradition of innovation continues with the 20th edition, providing market-leading content and digital mastery to benefit today's learners.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

Table of Contents

Part I: Introduction to Economics and the Economy

1 Limits, Alternatives, Choices

2 The Market System and the Circular Flow

Part II: Price, Quantity, and Efficiency

3 Demand, Supply, and Market Equilibrium

4 Market Failures: Public Goods and Externalities

5 Government's Role and Government Failure

Part III: Consumer Behavior

6 Elasticity

7 Utility Maximization

8 Behavioral Economics

Part IV: Microeconomics of Product Markets

9 Businesses and the Cost of Production

10 Pure Competition in the Short Run

11 Pure Competition in the Long Run

12 Pure Monopoly

13 Monopolistic Competition and Oligopoly

13W Technology, R&D, and Efficiency

Part V: Microeconomics of Resource Markets and Government

14 The Demand for Resources

15 Wage Determination

16 Rent, Interest, and Profit

17 Natural Resource and Energy Economics

18 Public Finance: Expenditures and Taxes

Part VI: Microeconomic Issues and Policies

19 Antitrust Policy and Regulation

20 Agriculture: Economics and Policy

21 Income Inequality, Poverty, and Discrimination

22 Health Care

23 Immigration

Part VII: International Economics

24 International Trade

25 The Balance of Payments, Exchange Rates, and Trade Deficits

25W The Economics of Developing Countries

COI 1 The United States in the Global Economy

COI 2 Previous International Exchange Rate Systems