Study Guide to accompany Principles of Microeconomics

by Hakes, David

• ISBN13: 9780030270215
• ISBN10: 0030270219
• Additional ISBN(s): 9780324174618
• Edition: 2nd
• Format: Paperback
• Copyright: 2000-08-01
• Publisher: South-Western College Pub
• More Book Details
• Purchase Benefits

Summary

To accomplish your course goals, use this study guide to enhance your understanding of the text content and to be better prepared for quizzes and tests. This convenient manual helps you assimilate and master the information encountered in the text through the use of practice exercises and applications, comprehensive review tools, and additional helpful resources.

Table of Contents

Ten Principles of Economics	1	(16)
Thinking Like an Economist	17	(24)
Interdependence and the Gains from Trade	41	(20)
The Market Forces of Supply and Demand	61	(18)
Elasticity and Its Application	79	(18)
Supply, Demand, and Government Policies	97	(18)
Consumers, Producers, and the Efficiency of Markets	115	(20)
Application: The Costs of Taxation	135	(18)
Application: International Trade	153	(22)
Externalities	175	(18)
Public Goods and Common Resources	193	(16)
The Design of the Tax System	209	(18)
The Costs of Production	227	(23)
Firms in Competitive Markets	250	(17)
Monopoly	267	(20)
Oligopoly	287	(20)
Monopolistic Competition	307	(18)
The Markets for the Factors of Production	325	(20)
Earnings and Discrimination	345	(18)
Income Inequality and Poverty	363	(20)
The Theory of Consumer Choice	383