Principles Of Microeconomics

by Gottheil, Fred M.

• ISBN13: 9781426628696
• ISBN10: 1426628692
• Edition: 5th
• Format: Paperback
• Copyright: 2007-04-01
• Publisher: Custom Publishing

Table of Contents

Preface	p. V
The Basics of Economic Analysis
Introduction	p. 1
Production Possibilities and Opportunity Costs	p. 19
Demand and Supply	p. 37
Comprehensive Sample Test	p. 60
Introduction to Microeconomics
Elasticity	p. 70
Marginal Utility and Consumer Choice	p. 87
Price Ceilings and Price Floors	p. 123
Business Ownership and Organization	p. 142
Comprehensive Sample Test	p. 156
The Microeconomics of Product Markets
Costs of Production	p. 167
Maximizing Profit	p. 187
Identifying Markets and Market Structures	p. 204
Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition	p. 218
Price and Output Determination Under Oligopoly	p. 238
Antitrust and Regulation	p. 258
Externalities, Market Failure, and Public Choice	p. 272
Comprehensive Sample Test	p. 289
The Microeconomics of Factor Markets
Wage Rates in Competitive Labor Markets	p. 299
Wages and Employment: Monopsony and Labor Unions	p. 321
Interest, Rent, and Profit	p. 337
Income Distribution and Poverty	p. 352
Comprehensive Sample Test	p. 370
The World Economy
International Trade	p. 378
Exchange Rates, Balance of Payments, and International Debt	p. 397
Economic Problems of Less-Developed Countries	p. 415
Comprehensive Sample Test	p. 430
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