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By building from the specific example to the general case this text fosters student engagement. It delivers complete economics coverage using many fresh, lively, real-world examples from newspapers, magazines, Web sites, and professional journals from around the world.
ISBN-10 : 0134431278
ISBN-13 : 978-0134431277
ISBN-13 : 9780134431277
Author: R. Hubbard, Anthony O’Brien, Apostolos Serletis and Jason Childs
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Table of Content:
Part 1: Introduction
Chapter 1: Economics: Foundations and Models
Chapter 2: Trade-offs, Comparative Advantage, and the Market System
Chapter 3: Where Prices Come From: The Interaction of Demand and Supply
Chapter 4: Economic Efficiency, Government Price Setting, and Taxes
Part 2: Markets in Action: Policy and Applications
Chapter 5: Externalities, Environmental Policy, and Public Goods
Chapter 6: Elasticity: The Responsiveness of Demand Supply
Part 3: Firms in the Domestic and International Economies
Chapter 7: Comparative Advantage and the Gains from International Trade
Part 4: Microeconomic Foundations: Consumers and Firms
Chapter 8: Consumer Choice and Behavioural Economics
Part 5: Market Structure and Firm Strategy
Chapter 9: Technology, Production, and Costs
Chapter 10: Firms in Perfectly Competitive Markets
Chapter 11: Monopolistic Competition: The Competitive Model in a More Realistic Setting
Chapter 12: Oligopoly: Firms in Less Competitive Markets
Chapter 13: Monopoly and Antitrust Policy
Part 6: Labour Markets, Public Choice, and the Distribution of Income
Chapter 14: The Markets for Labour and Other Factors of Production
Chapter 15: Public Choice, Taxes, and the Distribution of Income
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