Microeconomics: Private Markets and Public Choice / Edition 7

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Microeconomics: Private Markets and Public Choice emphasizes that economics is, at its base, about our society's well-being and our individual happiness in all forms, not just profit. The authors teach students to apply economic concepts not only to key policy decisions like taxes, inflation, and free trade, but also to personal decisions such as household finance, marriage, and career choices.

The Seventh Edition is enhanced by MyEconLab, the online homework system featuring automatically graded graphing problems and proven tutorial tools. Access to MyEconLab comes with every new textbook at no additional cost to the student.

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Product Details

  • ISBN-13: 9780321451132
  • Publisher: Addison Wesley
  • Publication date: 7/26/2006
  • Series: MyEconLab Series
  • Edition description: REV
  • Edition number: 7
  • Pages: 512
  • Product dimensions: 8.00 (w) x 9.90 (h) x 0.90 (d)

Table of Contents

Part I Economic Thinking

Chapter 1 Economics in Perspective

Chapter 2 Opportunity Cost, Specialization, and Trade

Chapter 3 Private Markets and Prices: Laws of Demand & Supply

Chapter 4 Markets, Economic Welfare, and Politics

Part II The Architecture of Private Markets

Chapter 5 Elasticity

Chapter 6 The Logic of Consumer Choice and Demand

Chapter 7 The Firm and Costs of Production

Chapter 8 Competitive Markets

Chapter 9 Monopoly: The Firm as Industry

Chapter 10 Imperfect Competition

Part III Input Markets and Income Distribution

Chapter 11 Competitive Labor Markets and Unions

Chapter 12 Entrepreneurship and the Organization of Production

Chapter 13 Income Distribution, Poverty, and Health Care

Part IV Applied Microeconomics and Public Choice

Chapter 14 Antitrust, Regulation, and Public Policy

Chapter 15 Environmental Economics

Chapter 16 Public Choice

Part VIII International Trade and the Global Economy

Chapter 28 International Trade

Chapter 29 International Finance




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