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Principles of Microeconomics with Infotrac,9780324260182
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Principles of Microeconomics with Infotrac



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South-Western College Pub
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This newly updated edition of a highly regarded the principles of microeconomics text provides your students with the most up-to-date information available. Cases, tables, data, and more were updated to reflect 2003 data. The text also has a four-color internal and full supplement package that complements the text?s superb conversational style, which engages students like none other. Principles of Microeconomics, 4e represents the results Fred Gottheil?s career as an outstanding professor and author. This edition is maintains the proven structure and style of previous editions while updating content to make it even more valuable to professors and students alike. The author continues to use familiar stories, illustrations, scenarios, and a direct-to-student writing style to appeal to students' interests. The narrative is built around questions, which cut the distance between the student and the unfamiliar concepts of economics. Instead of covering hundreds of topics superficially, the book presents basic concepts in depth and develops economic analysis step-by-step. The result?learning economics becomes relative, interactive and appealing versus mere passive course participation.

Table of Contents

The Basics of Economic Analysis
Production Possibilities and Opportunity Costs
Demand and Supply
Introduction to Microeconomics
Marginal Utility and Consumer Choice
Price Ceilings and Price Floors
Business Ownership and Organization: Proprietorships, Partnerships, and Corporations
The Microeconomics of Product Markets
Costs of Production
Maximizing Profit
Identifying Markets and Market Structures
Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition
Price and Output Determination Under Oligopoly
Antitrust and Regulation
Externalities, Market Failure, and Public Choice
The Microeconomics Of Factor Markets
Wage Rates in Competitive Labor Markets
Wages and Employment: Monopsony and Labor Unions
Interest, Rent, and Profit
Income Distribution and Poverty
The World Economy
International Trade
Exchange Rates, Balance of Payments, and International Debt
Economic Problems of Less-Developed Economies
Table of Contents provided by Publisher. All Rights Reserved.

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