Economics
Microeconomics: Principles and Policy, 2007 Update, 10th Edition
ISBN-10: 0324537018 ISBN-13: 9780324537017
552 Pages Paperbound
© 2008 Published
- Overview
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- About the Author
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- Table of Contents
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- Features
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- New to this Edition
Table of Contents
PART I: GETTING ACQUAINTED WITH ECONOMICS.
1. What Is Economics?
2. The Economy: Myth and Reality.
3. The Fundamental Economic Problem: Scarcity and Choice.
4. Supply and Demand: An Initial Look.
PART II: THE BUILDING BLOCKS OF DEMAND AND SUPPLY.
5. Consumer Choice: Individual and Market Demand.
6. Demand and Elasticity.
7. Production, Inputs, and Cost: Building Blocks for Supply Analysis.
8. Output, Price, and Profit: The Importance of Marginal Analysis.
9. The Economics of the Stock Market.
Part III: Markets and the Price System.
10. The Firm and the Industry under Perfect Competition.
11. Monopoly.
12. Between Competition and Monopoly.
13. Limiting Market Power: Regulation and Antitrust.
Part IV: The Virtues and Limitations of Markets.
14. The Price System and the Case for Free Markets.
15. The Market Mechanism: Shortcomings and Remedies.
16. Innovation and Growth: The Free Market''s Greatest Triumph.
17. Externalities, the Environment and Natural Resources.
18. Taxation and Resource Allocation.
Part V: The Distribution of Income.
19. Pricing the Factors of Production.
20. Labor: The Human Input.
21. Poverty, Inequality, and Discrimination.
22. International Trade and Comparative Advantage.