Microeconomics: Private and Public Choice / Edition 14

Microeconomics: Private and Public Choice / Edition 14

2.6 3
by James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David Macpherson
     
 

This new edition of a microeconomics textbook is aimed at first and second year undergraduates and incorporates new material on entrepreneurialism, the Microsoft case, the California electricity crisis, and millionaires in America. Chapters are divided into sections covering the economic approach and tools of the economist; markets and governments; core microeconomics… See more details below

Overview

This new edition of a microeconomics textbook is aimed at first and second year undergraduates and incorporates new material on entrepreneurialism, the Microsoft case, the California electricity crisis, and millionaires in America. Chapters are divided into sections covering the economic approach and tools of the economist; markets and governments; core microeconomics (e.g., demand and consumer choice, costs and the supply of goods, and earnings, productivity, and the job market); international economics; and selected advanced topics such as government spending and taxation. The CD-ROM contains animated presentations, interactive graphing exercises, and simulations. Annotation c. Book News, Inc., Portland, OR

Product Details

ISBN-13:
9781111970611
Publisher:
Cengage Learning
Publication date:
01/01/2012
Edition description:
Older Edition
Pages:
528
Product dimensions:
8.50(w) x 10.70(h) x 0.80(d)

Table of Contents

Part 1The Economic Way of Thinking1
Chapter 1The Economic Approach4
Chapter 2Some Tools of the Economist27
Part 2Markets and Governments53
Chapter 3Supply, Demand, and the Market Process56
Chapter 4Supply and Demand: Applications and Extensions86
Chapter 5The Economic Role of Government112
Chapter 6The Economics of Collective Decision Making130
Part 3Core Microeconomics153
Chapter 7Demand and Consumer Choice156
Chapter 8Costs and the Supply of Goods184
Chapter 9Price Takers and the Competitive Process210
Chapter 10Price-Searcher Markets with Low Entry Barriers233
Chapter 11Price-Searcher Markets with High Entry Barriers253
Chapter 12The Supply of and Demand for Productive Resources280
Chapter 13Earnings, Productivity, and the Job Market300
Chapter 14Investment, the Capital Market, and the Wealth of Nations318
Chapter 15Income Inequality and Poverty336
Part 4International Economics355
Chapter 16Gaining from International Trade359
Chapter 17International Finance and the Foreign Exchange Market383
Part 5Beyond the Basics407
Special Topic 1Government Spending and Taxation410
Special Topic 2The Internet: How Is it Changing the Economy?421
Special Topic 3The Economics of Social Security431
Special Topic 4The Stock Market: What Does It Do and How Has It Performed?442
Special Topic 5The Economic of Health Care455
Special Topic 6School Choice: Can It Improve the Quality of Education in America?467
Special Topic 7Is Discrimination Responsible for the Earnings Differences Between Men and Women?475
Special Topic 8Do Labor Unions Increase the Wages of Workers?481
Special Topic 9How Does Government Regulation Affect Your Life?494
Special Topic 10Natural Resources and the Future505
Special Topic 11Economics and the Environment516
Appendix AGeneral Business and Economic Indicators527
Appendix BAnswers to Selected Critical Analysis Questions537
Glossary553
Credits561
Index563

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