9780201712377

Microeconomics With Student Resource Disk and Economics in Action 5.1

by
  • ISBN13:

    9780201712377

  • ISBN10:

    0201712377

  • Edition: 5th
  • Format: Paperback
  • Copyright: 7/1/2000
  • Publisher: Pearson College Div
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List Price: $102.00

Summary

This book presents economics as a serious, lively, and evolving science. Its goal is to help the student to develop the "economic way of thinking" and to gain insights into how the economy works and how it might be made to work better. The text illustrates principles with examples that are selected to hold the student's interests and to make the subject lively. New ideas, such as dynamic comparative advantage, game theory, the modern theory of the firm, and public choice theory, are explained with familiar core ideas and tools. Parkin's goal is to make economics as accessible as possible yet to provide a thorough and complete coverage of the subject, not a slimmed-down or over-simplified selection. With the still unmatched combination of text and technology products provided by the Fifth Edition, Parkin reaches a notably wide range of students and is a recognized leader in the principles of microeconomic course.

Table of Contents

PART 1 Introduction
What Is Economics?
1(18)
Making and Using Graphs
19(16)
The Economic Problem
35(26)
PART 2 How Markets Work
Demand and Supply
61(26)
Elasticity
87(20)
Efficiency and Equity
107(20)
Markets in Action
127(28)
PART 3 Households' Choices
Utility and Demand
155(18)
Possibilities, Preferences, and Choices
173(24)
PART 4 Firms and Markets
Organizing Production
197(22)
Output and Costs
219(20)
Perfect Competition
239(24)
Monopoly
263(22)
Monopolistic Competition and Oligopoly
285(32)
PART 5 Resource Markets
Demand and Supply in Resource Markets
317(26)
Labor Markets
343(22)
Inequality, Redistribution, and Health Care
365(26)
PART 6 Market Failure and Government
Market Failure and Public Choice
391(20)
Regulation and Antitrust Law
411(20)
Externalities, the Environment, and Knowledge
431(18)
Uncertainty and Information
449(24)
PART 7 The Global Economy
Trading with the World
473

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