Loose-leaf Version for Modern Principles of Microeconomics & LaunchPad for Cowen's Modern Principles of Microeconomics (6 month access) & Reef Polling (Six Months Access; Standalone)

by Unknown

• ISBN13: 9781319172442
• ISBN10: 131917244X
• Edition: 3rd
• Format: Package
• Copyright: 2017-07-31
• Publisher: Worth Publishers

Summary

Engaging and provocative writing, as well as a knack for revealing the “invisible hand” of economics at work have made Cowen and Tabarrok’s Modern Principles of Economics a singularly distinctive and effective textbook for the principles  course. The thoroughly updated new edition of Modern Principles again draws on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life just as the authors do in their wildly successful blog, marginalrevolution.com.

Pioneers in teaching economics online, the authors have created a series of videos that are clever, to the point, and will help students better understand key economic concepts. These breakthrough videos are integrated in a dedicated version of Worth’s new online course space, LaunchPad 

Table of Contents

1. The Big Ideas
2. The Power of Trade and Comparative Advantage
3. Supply and Demand
4. Equilibrium: How Supply and Demand Determine Prices
5. Elasticity and its Applications
6. Taxes and Subsidies
7. The Price System: Signals, Speculation and Prediction
8. Price Ceilings and Price Floors
9. International Trade
10. Externalities: When the Price Is Not Right
11. Costs and Profit Maximization Under Competition
12. Competition and the Invisible Hand
13. Monopoly
14. Price Discrimination and Pricing Strategy
15. Oligopoly and Game Theory
16. The Economics of Network Goods: Competing for Monopoly
17. Monopolistic Competition and Advertising
18. Labor Markets
19. Public Goods and the Tragedy of the Commons
20. Political Economy and Public Choice
21. Economics, Ethics and Public Policy
22. Managing Incentives 
23. Stock Markets and Personal Finance
24. Asymmetric Information
25. Consumer Choice