Microeconomics : Private and Public Choice

by Gwartney, James D.; Stroup, Richard L.; Sobel, Russell S.; Macpherson, David A.

Edition:

13th

ISBN13:

9780538754330

ISBN10:

0538754338

Format:

Paperback

Pub. Date:

1/5/2010

Publisher(s):

Cengage Learning

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Summary

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.

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
Core Microeconomics
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
International Economics
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
Glossary
Credits
Index
Table of Contents provided by Publisher. All Rights Reserved.