9780324320367

Microeconomics Private and Public Choice

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  • ISBN13:

    9780324320367

  • ISBN10:

    0324320361

  • Edition: 11th
  • Format: Paperback
  • Copyright: 3/22/2005
  • Publisher: South-Western College Pub
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List Price: $183.00

Summary

Authors James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David Macpherson believe that a course on principles of economics should focus on the power and relevance of the economic way of thinking. It is this belief and corresponding writing approach that has made MICROECONOMICS: PRIVATE AND PUBLIC CHOICE one of South Western Thomson Learning's most solid and enduring texts. Throughout this text, the authors integrate applications and real-world data in an effort to make the basic concepts of economics come alive for the reader.

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
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
Applying the Basics
Government Spending and Taxation
The Internet: How Is It Changing the Economy?
The Economics of Social Security
The Stock Market: What Does It Do and How Has it Performed?
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?
How Does Government Regulation Affect Your Life?
Natural Resources and the Future
Economics and the Environment
Appendices
General Business and Economic Indicators
Answers to Selected Critical Analysis Questions
Glossary
Credits
Index
Table of Contents provided by Publisher. All Rights Reserved.

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