Basic microeconomics /
William J. Baumol, Alan S. Blinder, John L. Solow.
- Philippine edition.
- Singapore : Cengage Learning Asia Pte Ltd., c2022.
- x, 366 pages : illustrations ; 26 cm
Includes index.
Chapter 1 : What is economics? Chapter 2 : The fundamental economic problem : scarcity and choice Chapter 3 : Supply and demand : an initial look Chapter 4 : Consumer choice : individual and market demand Chapter 5 : Demand and elasticity Chapter 6 : Output, price, and profit : the importance of marginal analysis Chapter 7 : The firm and the industry under perfect competition Chapter 8 : The case for free markets : the price system Chapter 9 : Monopoly Chapter 10 : Between competition and monopoly Chapter 11 : Taxation and resource allocation Chapter 12 : Pricing the factors of production Chapter 13 : labor and entrepreneurship : the human inputs Chapter 14 : International trade and comparative advantage