9780030270161

Principles of Microeconomics

by
  • ISBN13:

    9780030270161

  • ISBN10:

    0030270162

  • Edition: 2nd
  • Format: Paperback
  • Copyright: 6/6/2000
  • Publisher: South-Western College Pub
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Summary

In writing this textbook, Mankiw has tried to put himself in the position of someone seeing economics for the first time. The author’s conversational writing style is superb for presenting the politics and science of economic theories to tomorrow’s decision-makers. Because Mankiw wrote it for the students, the book stands out among all other principle texts by intriguing students to apply an economic way of thinking in their daily lives. Receiving such praise as "perhaps the best ever" textbook in economic principles, it’s no wonder Mankiw’s prize project has quickly become one of the most successful books ever to be published in the college marketplace.

Author Biography

N. Gregory Mankiw Harvard University

Table of Contents

PART ONE INTRODUCTION 1(62)
Ten Principles of Economics
3(16)
Thinking Like an Economist
19(28)
Interdependence and the Gains from Trade
47(16)
PART TWO SUPPLY AND DEMAND I: HOW MARKETS WORK 63(76)
The Market Forces of Supply and Demand
65(28)
Elasticity and Its Application
93(24)
Supply, Demand, and Government Policies
117(22)
PART THREE SUPPLY AND DEMAND II: MARKETS AND WELFARE 139(64)
Consumers, Producers, and the Efficiency of Markets
141(20)
Application: The Costs of Taxation
161(18)
Application: International Trade
179(24)
PART FOUR THE ECONOMICS OF THE PUBLIC SECTOR 203(64)
Externalities
205(20)
Public Goods and Common Resources
225(18)
The Design of the Tax System
243(24)
PART FIVE FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY 267(128)
The Costs of Production
269(22)
Firms in Competitive Markets
291(24)
Monopoly
315(34)
Oligopoly
349(28)
Monopolistic Competition
377(18)
PART SIX THE ECONOMICS OF LABOR MARKETS 395(66)
The Markets for the Factors of Production
397(20)
Earnings and Discrimination
417(20)
Income Inequality and Poverty
437(24)
PART SEVEN ADVANCED TOPIC 461(30)
The Theory of Consumer Choice
463(28)
Glossary 491(4)
Index 495

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