E-Book | Principles of Microeconomics

Table of Contents

• Preface
• Chapter 1: Welcome to Economics!
• Chapter 2: Choice in a World of Scarcity
• Chapter 3: Demand and Supply
• Chapter 4: Labor and Financial Markets
• Chapter 5: Elasticity
• Chapter 6: Consumer Choices
• Chapter 7: Production, Costs, and Industry Structure
• Chapter 8: Perfect Competition
• Chapter 9: Monopoly
• Chapter 10: Monopolistic Competition and Oligopoly
• Chapter 11: Monopoly and Antitrust Policy
• Chapter 12: Environmental Protection and Negative Externalities
• Chapter 13: Positive Externalities and Public Goods
• Chapter 14: Labor Markets and Income
• Chapter 15: Poverty and Economic Inequality
• Chapter 16: Information, Risk, and Insurance
• Chapter 17: Financial Markets
• Chapter 18: Public Economy
• Chapter 19: International Trade
• Chapter 20: Globalization and Protectionism
• Appendix A: The Use of Mathematics in Principles of Economics
• Appendix B: Indifference Curves
• Appendix C: Present Discounted Value
• Answer Key
• References
• Index

About the Book

Principles of Microeconomics 3e covers the scope and sequence of most one semester introductory microeconomics courses. The third edition takes a balanced approach to the theory and application of microeconomics concepts. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world applications. The third edition has been carefully and thoroughly updated to reflect recent developments, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists.