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McConnell and Brue's Microeconomics: Principles, Problems, and Policies is the leading Principles of Microeconomics textbook. It continues to be innovative while teaching students in a clear, unbiased way. The 18th Edition builds upon the tradition of leadership by sticking to 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy.
Table of Contents
Introduction to Economics and the Economy
Limits, Alternatives, and Choices (+ Appendix)
The Market System and the Circular Flow
Demand, Supply and Market Equilibrium (+ Appendix)
The U.S. Economy: Private and Public Sectors
The United States in the Global Economy
Microeconomics of Product Markets
Elasticity, Consumer Surplus, and Producer Surplus
Consumer Behavior (+ Appendix)
The Costs of Production
Monopolistic Competition and Oligopoly (+ Appendix)
Technology, R&D, and Efficiency
Microeconomics of Resource Markets
The Demand for Resources
Wage Determination (+ Appendix)
Rent, Interest, and Profit
Natural Resource and Energy Economics
Microeconomics of Government
Government and Market Failure
Public Choice Theory and the Economics of Taxation
Microeconomic Issues and Policies
Antitrust Policy and Regulation
Agriculture: Economics and Policy
Income Inequality, Discrimination, and Poverty
Table of Contents provided by Publisher. All Rights Reserved.