Microeconomics in Context

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  • Edition: 2nd
  • Format: Nonspecific Binding
  • Copyright: 2008-08-15
  • Publisher: Routledge

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Table of Contents

The Context for Economic Analysis
Economic Activity in Context
Economic Actors and Organizations
Supply and Demand
Market Institutions
Supply and Demand
Working with Supply and Demand
Resource Maintenance, Production, Distribution, and Consumption
Capital Stocks and Resource Maintenance
Production Costs
Production Decisions
Distribution: Exchange and Transfer
Consumption and the Consumer Society
A Closer Look at Markets
Markets without Market Power
Markets with Market Power
Markets for Labor
Markets for Other Resources
A Closer Look at Economic Organizations
The Core Sphere: Households and Communities
The Business Sphere: For-Profit Firms
The Public Purpose Sphere: Governments and Nonprofits
Economic Outcomes and Economic Ideology
The Variety of Economic Systems
Market Systems and Normative Claims
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