ISBN-10:
0133872297
ISBN-13:
9780133872293
Pub. Date:
01/23/2015
Publisher:
Pearson
Microeconomics / Edition 12

Microeconomics / Edition 12

by Michael Parkin

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Product Details

ISBN-13: 9780133872293
Publisher: Pearson
Publication date: 01/23/2015
Edition description: Older Edition
Pages: 552
Sales rank: 1,014,297
Product dimensions: 8.40(w) x 10.80(h) x 0.90(d)

About the Author

Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics. Professor Parkin’s research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Michael Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.

Table of Contents

I. Introduction
1. What is Economics?
2. The Economic Problem

II. How Markets Work
3. Demand and Supply
4. Elasticity
5. Efficiency and Equity
6. Government Actions in Markets
7. Global 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
15. Oligopoly

V. Market Failure and Government
16. Public Choices and Public Goods
17. Economics of the Environment

VI. Factor Markets, Inequality, and Uncertainty
18. Markets for Factors of Production
19. Economic Inequality
20. Uncertainty and Information

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