Microeconomics An Intuitive Approach with Calculus (with Study Guide)
ISBN: 9780538453257 | 0538453257
Edition: 1stFormat: Hardcover
Publisher: Cengage Learning
Pub. Date: 1/8/2010
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Is it more efficient to rent a car or take taxis while on vacation? How do coupons change demand? MICROECONOMICS: AN INTUITIVE APPROACH WITH CALCULUS explains the economic theory underlying day-to-day choices. The A sections of each chapter introduce concepts using intuition, a conversational writing style, everyday examples, and graphs. The B sections cover the same concepts with accessible mathematical analyses. Each copy includes access to online LiveGraphs -- a suite of interactive, animated graphs that allows you to view dimensional graphs and functions illustrated in the book, as well as some additional graphs that are not in the printed text.
| Introduction | |
| Utility-Maximizing Choice: Consumers, Workers, and Savers | |
| A Consumer's Economic Circumstances | |
| Economic Circumstances in Labor and Financial Markets | |
| Tastes and Indifference Curves | |
| Different Types of Tastes | |
| Doing the "Best" We Can | |
| Income and Substitution Effects in Consumer Goods Markets | |
| Wealth and Substitution Eff... MORE | |
| Demand for Goods and Supply of Labor and Capital | |
| Consumer Surplus and Deadweight Loss | |
| Profit-Maximizing Choice: Producers (or "Firms") | |
| One Input and One Output: a Short-Run Producer Model | |
| Production with Multiple Inputs | |
| Production Decisions in the Short and Long Run | |
| Competitive Markets and the "Invisible Hand" | |
| Competitive Market Equilibrium | |
| The "Invisible Hand" and the First Welfare Theorem | |
| General Equilibrium | |
| Choice and Markets in the Presence of Risk | |
| Distortions of the "Invisible Hand" in Competitive Markets | |
| Elasticities, Price-Distorting Policies, and Non-Price Rationing | |
| Distortionary Taxes and Subsidies | |
| Prices and Distortions across Markets | |
| Externalities in Competitive Markets | |
| Asymmetric Information in Competitive Markets | |
| Distortions of the "Invisible Hand" from Strategic Decisions | |
| Monopoly | |
| Strategic Thinking and Game Theory | |
| Oligopoly | |
| Product Differentiation and Innovation in Markets | |
| Public Goods | |
| Governments and Politics | |
| Considering How to Make the World a Better Place | |
| What Is Good? Challenges from Psychology and Philosophy | |
| Balancing Government, Civil Society, and Markets | |
| Table of Contents provided by Publisher. All Rights Reserved. |
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