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Full Description
Microeconomics Reimagined: Focused Learning, Maximum Impact
Embark on a journey into the world of microeconomics with the 2024 release of Principles of Microeconomics. As economic landscapes evolve, this streamlined approach equips faculty to navigate the intricacies of today's economic challenges for their students. Redefine microeconomic education, where focus equals understanding, and every concept resonates with real-world relevance without overwhelming details. This release is your key to mastering microeconomics in a single semester. Cut through the clutter and emphasize a select set of core principles that form the backbone of this discipline. Our goal extends beyond textbooks. Become a fluent speaker of microeconomic language by actively engaging with real-world examples. From cinema ticket discounts to social norms, our textbook sparks curiosity, fostering meaningful discussions and a deeper understanding of economic principles. Frank, Nobel-Prize winner: Bernanke, Antonovics, and Heffetz bring their expertise to every chapter. Join the movement towards economic enlightenment, where learning is fresh, engaging, and always current.
Contents
PART 1: INTRODUCTION
1 Thinking Like an Economist
2 Comparative Advantage
3 Supply and Demand
PART 2: COMPETITION AND THE INVISIBLE HAND
4 Elasticity
5 Demand
6 Perfectly Competitive Supply
7 Efficiency, Exchange, and the Invisible Hand in Action
PART 3: MARKET IMPERFECTIONS
8 Monopoly, Oligopoly, and Monopolistic Competition
9 Games and Strategic Behavior
10 An Introduction to Behavioral Economics
11 Externalities, Property Rights, and the Environment
PART 4: ECONOMICS OF PUBLIC POLICY
12 The Economics of Information
13 Labor Markets, Poverty, and Income Distribution
14 Public Goods and Tax Policy
PART 5: INTERNATIONAL TRADE
15 International Trade and Trade Policy
