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Microeconomics : With Xtra! Access Card

by
Edition:
6th
ISBN13:

9780324163568

ISBN10:
0324163568
Format:
Paperback
Pub. Date:
1/6/2003
Publisher(s):
South-Western College Pub

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What version or edition is this?
This is the 6th edition with a publication date of 1/6/2003.
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Summary

Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of microeconomics, 2) gives student a clear idea of how economists think about the world, 3) stresses the key concepts in economics, and 4) is extremely rich in intriguing applications that convey the prevalence of economics in everyday life. By applying economics to phenomenon that students are familiar with and interested in, this book demonstrates like no other text how economic analysis can be applied to virtually anything of interest, thus helping students develop true economic intuition. Additional student-oriented features include a unique active-learning format, an emphasis on developing economic analysis skills, and an outstanding visual program for exhibits and graphs.

Table of Contents

AN INTRODUCTION TO ECONOMICS
PART 1. ECONOMICS: THE SCIENCE OF SCARCITY
1. What Economics is About
Appendix A
Working with Diagrams
Appendix B
Should You Major in Economics? 2. Economic Activities: Producing and Trading
3. Supply and Demand: Theory
4. Supply and Demand: Practice
MICROECONOMICS
PART 2. MICROECONOMIC FUNDAMENTALS
5. Elasticity
6. Consumer Choice: Maximizing Utility and Behavioral Economics
Appendix C
Budget Constraint and Indifference Curve Analysis
7. The Firm
8. Production and Costs
PART 3. PRODUCT MARKETS AND POLICIES
9. Perfect Competition
10. Monopoly
11. Monopolistic Competition, Oligopoly, and Game Theory
12. Government and Product Markets: Antitrust and Regulation
PART 4. FACTOR MARKETS AND RELATED ISSUES
13. Factor Markets: With Emphasis on the Labor Market
14. Wages, Unions, and Labor
15. The Distribution of Income and Poverty
16. Interest, Rent, and Profit
PART 5. MARKET FAILURE AND PUBLIC CHOICE
17. Market Failure: Externalities, Public Goods, and Asymmetric Information
18. Public Choice: Economic Theory Applied to Politics
THE WORLD ECONOMY
PART 6. INTERNATIONAL ECONOMICS: THEORY AND POLICY
19. International Trade
20. International Finance


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