Foundations of Microeconomics Plus Myeconlab in Coursecompass Student Access Kit Value Package (Includes Study Guide for Foundations of Microeconomics
- ISBN-10
- 0321586956
- ISBN-13
- 9780321586957
- Category
- Business & Economics
- Language
- English
- Published
- 2008-05
- Publisher
- Prentice Hall
- Authors
- Robin Bade, Michael Parkin
Description
Economics is a subject you "learn by doing. "Foundations of Microeconomics breaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus readers' attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares readers to "use" economics in their lives, regardless of what their future career will be. Introduction: Getting Started; The U.S. and Global Economies; The Economic Problem; Demand and Supply. A Closer Look at Markets: Elasticities of Demand and Supply; Efficiency and Fairness of Markets. How Governments Influence the Economy: Markets in Action; Taxes; Global Markets in Action; Externalities; Public Goods and Common Resources. A Closer Look at Decision Makers: Consumer Choice and Demand; Production and Cost. Prices, Profits, and Industry Performance: Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly. Incomes, Uncertainty, and Inequality: Demand and Supply in Factor Markets; Uncertainty and Information; Inequality and Poverty. For all readers interested in microeconomics.
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