(eBook) (PDF) Microeconomics: Principles, Applications, and Tools, 10th edition

Description

Overview

Students enter their first economics course hoping to gain a better understanding of the world around them, but often leave with their questions unanswered. Microeconomics: Principles, Applications, and Tools is built upon the authors’ philosophy of using basic concepts of economics to explain a wide variety of relevant, current and engaging economic applications.The 10th Edition incorporates the latest economic developments throughout. By making every chapter relevant and applied, you’ll develop an understanding of core principles that you’ll use as a citizen and consumer, now and in your career.

Published by Pearson (September 15th 2020) – Copyright © 2020
ISBN-13: 9780135640111
Subject: Economics
Category: Principles of Microeconomics

PART 1: INTRODUCTION AND KEY PRINCIPLES

1. Introduction: What Is Economics?
2. The Key Principles of Economics
3. Exchange and Markets
4. Demand, Supply, and Market Equilibrium

PART 2: A CLOSER LOOK AT DEMAND AND SUPPLY

5. Elasticity: A Measure of Responsiveness
6. Market Efficiency and Government Intervention
7. Consumer Choice: Utility Theory and Insights from Neuroscience

PART 3: MARKET STRUCTURES AND PRICING

8. Production Technology and Cost
9. Perfect Competition
10. Monopoly and Price Discrimination
11. Market Entry and Monopolistic Competition
12. Oligopoly and Strategic Behavior
13. Controlling Market Power: Antitrust and Regulation

PART 4: EXTERNALITIES AND INFORMATION

14. Imperfect Information: Adverse Selection and Moral Hazard
15. Public Goods and Public Choice
16. External Costs and Environmental Policy

PART 5: THE LABOR MARKET AND INCOME DISTRIBUTION

17. The Labor Market and the Distribution of Income

PART 6: THE INTERNATIONAL ECONOMY

18. International Trade and Public Policy