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Microeconomics in Context / Edition 1

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Overview

This is not your parent's economics textWhileMicroeconomics in Context provides a through introduction to the principles of microeconomics, it delves deeper, offering a fresh portrait of the economic realities of the 21st century. Microeconomics in Contextaims to help you gain a deeper understanding of economic analysis and contemporary controversies of interest and importance. It examines economic activity in its environmental and social context, drawing on both traditional economic principles and new research to give you greater insight into our economic world.

"[This book] provides a thorough introduction to the principles of microeconomics, ... offering a fresh portrait of the economic realities of the 21st century. [It] aims to help you gain a deeper understanding of economic analysis and contemporary controversies of interest and importance. It examines economic activity in its environmental and social contexts, drawing on both traditional economic principles and new research to give you greater insight into our economic world"-Back cover.

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Product Details

  • ISBN-13: 9780618345991
  • Publisher: Cengage Learning
  • Publication date: 7/26/2004
  • Edition description: Older Edition
  • Edition number: 1
  • Pages: 476
  • Product dimensions: 8.52 (w) x 10.84 (h) x 0.61 (d)

Table of Contents

Introduction Part I. The Context for Economic Analysis 0. Microeconomics and Well-Being 1. Economic Activity in Context 2. Markets and Society Part II. Basic Economic Analysis 3. Supply and Demand 4. Elasticity 5. Welfare Analysis 6. International Trade and Trade Policy Part III. Economics and Society 7. Economic Behavior and Rationality 8. Consumption and the Consumer Society 9. Markets for Labor Part IV. Essential Topics for Contemporary Economics 10. Economic and Social Inequality 11. Taxes and Tax Policy 12. The Economics of the Environment 13. Common Property Resources and Public Goods Part V. Resources, Production, and Market Organization 14. Capital Stocks and Resource Maintenance 15. Production Costs 16. Markets Without Power 17. Markets with Market Power

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