Baumol, William J., author.
Microeconomics : principles and policy / William J. Baumol, Alan S. Blinder, and John L. Solow. - Fourteenth edition. - Boston, Massachusetts : Cengage Learning, c2020. - xxi, 528 pages : illustrations ; 28 cm
Includes index.
Part 1: Getting acquainted with economics. What is economics?
The economy: myth and reality
The fundamental economic problem: scarcity and choice
Supply and demand: an initial look
Part 2: The building blocks of demand and supply. Consumer choice: individual and market demand
Demand and elasticity
Production, inputs, and cost: building blocks for supply analysis
Output, price, and profit: the importance of marginal analysis
The financial markets and the economy: the tail that wags the dog?
Part 3: The virtues of the free market. The firm and the industry under perfect competition
The case for free markets: the price system
Part 4: The limitations of free markets. Monopoly
Between competition and monopoly
Limiting market power: antitrust and regulation
The shortcomings of free markets
Externalities, the environment, and natural resources
Taxation and resource allocation
Part 5: The distribution of income. Pricing the factors of production
Labor and entrepreneurship: the human impacts
Poverty, inequality, and discrimination
Part 6: The United States in the world economy. International trade and comparative advantage
Part 7: The economy today. Contemporary issues in the U.S. economy
"Master today's principles of microeconomics and gain an understanding of current economic issues with the solid introduction and policy-based examples and applications found in Baumol/Blinder/Solow's MICROECONOMICS: PRINCIPLES AND POLICY, 14E. Written by several of today's most respected economists, this book is one of the most up-to-date microeconomics texts on the market -- incorporating data and issues as recent as 2018. The authors combine the right level of rigor and detail to clarify even the most complicated microeconomic concepts. An entirely new chapter closes the book by delving into some of the most important issues confronting the U.S. economy today. Throughout this edition, well-developed examples, intriguing puzzles and meaningful microeconomic issues provide an excellent balance of theory to application while keeping you engaged and intrigued."--Amazon.com
In English text.
9781337794992
Microeconomics.
HB 172 / M53 2020
Microeconomics : principles and policy / William J. Baumol, Alan S. Blinder, and John L. Solow. - Fourteenth edition. - Boston, Massachusetts : Cengage Learning, c2020. - xxi, 528 pages : illustrations ; 28 cm
Includes index.
Part 1: Getting acquainted with economics. What is economics?
The economy: myth and reality
The fundamental economic problem: scarcity and choice
Supply and demand: an initial look
Part 2: The building blocks of demand and supply. Consumer choice: individual and market demand
Demand and elasticity
Production, inputs, and cost: building blocks for supply analysis
Output, price, and profit: the importance of marginal analysis
The financial markets and the economy: the tail that wags the dog?
Part 3: The virtues of the free market. The firm and the industry under perfect competition
The case for free markets: the price system
Part 4: The limitations of free markets. Monopoly
Between competition and monopoly
Limiting market power: antitrust and regulation
The shortcomings of free markets
Externalities, the environment, and natural resources
Taxation and resource allocation
Part 5: The distribution of income. Pricing the factors of production
Labor and entrepreneurship: the human impacts
Poverty, inequality, and discrimination
Part 6: The United States in the world economy. International trade and comparative advantage
Part 7: The economy today. Contemporary issues in the U.S. economy
"Master today's principles of microeconomics and gain an understanding of current economic issues with the solid introduction and policy-based examples and applications found in Baumol/Blinder/Solow's MICROECONOMICS: PRINCIPLES AND POLICY, 14E. Written by several of today's most respected economists, this book is one of the most up-to-date microeconomics texts on the market -- incorporating data and issues as recent as 2018. The authors combine the right level of rigor and detail to clarify even the most complicated microeconomic concepts. An entirely new chapter closes the book by delving into some of the most important issues confronting the U.S. economy today. Throughout this edition, well-developed examples, intriguing puzzles and meaningful microeconomic issues provide an excellent balance of theory to application while keeping you engaged and intrigued."--Amazon.com
In English text.
9781337794992
Microeconomics.
HB 172 / M53 2020