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Microeconomics / Edition 9 available in Paperback
Discover the latest thinking of today's economists on important microeconomic phenomena while developing with a solid global understanding of microeconomic principles with MICROECONOMICS, 9E. The latest edition of this popular book clearly illustrates the connections between key microeconomic principles and today's actual business practices using a reader-friendly approach, memorable examples, and unique global emphasis. Timely revisions and the latest microeconomic statistics ensure readers are learning about the latest microeconomic developments and their practical application to current events. Readers also gain an in-depth understanding of globalization and its impact on microeconomics today. A full range of accompanying learning technology ensures readers gain an understanding of the microeconomics concepts most important for career and business success.
|Edition description:||Older Edition|
|Product dimensions:||6.00(w) x 1.25(h) x 9.00(d)|
Table of Contents
Part I: INTRODUCTION TO THE PRICE SYSTEM. 1. Economics: The World Around You. Appendix: working with Graphs. 2. Choice, Opportunity Costs, and Specialization. 3. Markets, Demand and Supply, and the Price System. 4. The Market System and the Private and Public Sectors. Part II: PRODUCT MARKET BASICS. 5. Elasticity: Demand and Supply. Appendix: Calculating Elasticity. 6. Consumer Choice. Appendix: Indifference Analysis. 7. Supply: The Costs of Doing Business. Appendix: The Mechanics of Going from Production to Costs. Part III: PRODUCT MARKETS. 8. Profit Maximization. 9. Perfect Competition. 10. Monopoly. 11. Monopolistic Competition and Oligopoly. 12. Antitrust and Regulation. 13. Government and Market Failure. Part IV: RESOURCE MARKETS. 14. Resource Markets. 15. The Labor Market. 16. Capital Markets. 17. The Land Market and Natural Resources. Part V: CURRENT ISSUES INVOLVING THE PUBLIC SECTOR AND THE MARKET ECONOMY. 18. Aging, Social Security, and Health Care. 19. Income Distribution, Poverty, and Government Policy. Part VIII: ISSUES IN INTERNATIONAL TRADE AND FINANCE. 20. World Trade Equilibrium. 21. International Trade Restrictions. 22. Exchange Rates and Financial Links Between Countries.