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Authors Bob Frank, Ben Bernanke, and introducing Kate Antonovics from the University of California San Diego and Ori Heffetz from Cornell University, present a coherent short list of core principles in introductory economics and reinforce them by illustrating and applying each in numerous contexts. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become “economic naturalists:” people who employ basic economic principles to understand and explain what they observe in the world around them.
Language: English
ISBN-10: 0073517852
ISBN-13: 978-0073517858
ISBN-13: 9780073517858
Author: Robert H. Frank, Ben S. Bernanke, Kate Antonovics, Ori Heffetz
principles of microeconomics 6th edition pdf
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Table of Content:
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.Externalities and Property Rights
11.The Economics of Information
Part 4. Economics of Public Policy
12.Labor Markets, Poverty, and Income Distribution
13.The Environment, Health, and Safety
14.Public Goods and Tax Policy
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