Principles of Microeconomics / Edition 1

Principles of Microeconomics / Edition 1

by Fred M. Gottheil
     
 

ISBN-10: 0538840439

ISBN-13: 9780538840439

Pub. Date: 09/28/1995

Publisher: Cengage South-Western

This text conveys the principles of microeconomics in a superb conversational style through a series of extended examples that students relate and respond to. Students are discouraged from simply memorizing facts and engaged in active learning. Maintains a focus on presenting basic concepts in depth and developing the analysis step-by-step, rather than covering…  See more details below

Overview

This text conveys the principles of microeconomics in a superb conversational style through a series of extended examples that students relate and respond to. Students are discouraged from simply memorizing facts and engaged in active learning. Maintains a focus on presenting basic concepts in depth and developing the analysis step-by-step, rather than covering hundreds of topics superficially.

Product Details

ISBN-13:
9780538840439
Publisher:
Cengage South-Western
Publication date:
09/28/1995
Edition description:
Older Edition
Pages:
592
Product dimensions:
7.87(w) x 9.84(h) x (d)

Related Subjects

Table of Contents

PART I. THE BASICS OF ECONOMIC ANALYSIS. 1. Introduction. 2. Production Possibilities and Opportunity Costs. 3. Demand and Supply. PART II. INTRODUCTION TO MICROECONOMICS. 4. Elasticity. 5. Marginal Utility and Consumer Choice. 6. Price Ceilings and Price Floors. 7. Business Ownership and Organization: Proprietorships, Partnerships, and Corporations. PART III. THE MICROECONOMICS OF PRODUCT MARKETS. 8. Costs of Production. 9. Maximizing Profit. 10. Identifying Markets and Market Structures. 11. Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition. 12. Price and Output Determination Under Oligopoly. 13. Antitrust and Regulation. 14. Externalities, Market Failure, and Public Choice. PART IV. THE MICROECONOMICS OF FACTOR MARKETS. 15. Wage Rates in Competitive Labor Markets. 16. Wages and Employment: Monopsony and Labor Unions. 17. Interest, Rent, and Profit. 18. Income Distribution and Poverty. PART V. THE WORLD ECONOMY. 19. International Trade. 20. Exchange Rates, Balance of Payments, and International Debt. 21. Economic Problems of Less-Developed Economics.

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