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Microeconomics / Edition 9
     

Microeconomics / Edition 9

by Michael Parkin
 

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ISBN-10: 0321592875

ISBN-13: 9780321592873

Pub. Date: 07/28/2009

Publisher: Prentice Hall

Second Edition.The core of the principles course has been around for more than 100 years, and other important elements, especially part of the theory of the firm and Keynesian macro-economics, have been with us for more than 50 years. But economics has also been developing and changing rapidly during the past few decades. All principles texts pay some attention to

Overview

Second Edition.The core of the principles course has been around for more than 100 years, and other important elements, especially part of the theory of the firm and Keynesian macro-economics, have been with us for more than 50 years. But economics has also been developing and changing rapidly during the past few decades. All principles texts pay some attention to these more recent developments, but none has succeeded in integrating the new and traditional. My goal has been to incorporate new ideas-game theory, the modern theory of the firm, information, and public choice-into the body of timeless principles.

Product Details

ISBN-13:
9780321592873
Publisher:
Prentice Hall
Publication date:
07/28/2009
Pages:
552
Product dimensions:
8.40(w) x 9.90(h) x 0.70(d)

Table of Contents

I. THE SCOPE OF ECONOMICS.

1. What Is Economics?
2. Making and Using Graphs.
3. The Economic Problem.

II. How Markets Work.

4. Demand and Supply.
5. Elasticity.
6. Efficiency and Equity.
7. Markets in Action.

III. HOUSEHOLDS' CHOICES.

8. Utility and Demand.
9. Possibilities, Preferences, and Choices.

IV. FIRMS AND MARKETS.

10. Organizing Production.
11. Output and Costs.
12. Perfect Competition.
13. Monopoly.
14. Monopolistic Competition and Oligopoly.

V. RESOURCE MARKETS.

15. Demand and Supply in Resource Markets.
16. Labor Markets.
17. Inequality, Redistribution, and Health Care.

VI. MARKET FAILURE AND GOVERNMENT.

18. Market Failure and Public Choice.
19. Regulation and Antitrust Law.
20. Externalities, The Environment, and Knowledge.
21. Uncertainty and Information.

VII. THE THEMES OF MACROECONOMICS.

22. A First Look at Macroeconomics.
23. Measuring GDP, Economic Growth, and Inflation.
24. Measuring Employment and Unemployment.
25. Aggregate Supplyand Aggregate Demand.

VIII. Aggregate Supply and Economic Growth.

26. The Economy at Full Employment.
27. Capital, Investment, and Saving.
28. Economic Growth.

IX. AGGREGATE DEMAND AND INFLATION.

29. Expenditure Multipliers.
30. Fiscal Policy.
31. Money.
32. Monetary Policy.
33. Inflation.

X. Stabilization Problems and Policies.

34. The Business Cycle.
35. Macroeconomic Policy Challenges.

XI. THE GLOBAL ECONOMY.

36. Trading with the World.
37. International Finance

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