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This engaging text continues to set the standard for clear, balanced, and thorough coverage of the principles of economics. Packed with intriguing pop culture examples, it bolsters student interest by illustrating the unexpected places economics occurs, and how economic forces link events to our lives. With new content reflecting a changing economy and new resources addressing the needs of a changing classroom, MICROECONOMICS, 9e is an ideal solution for Principles courses.
Table of Contents
Economics: The Science Of Scarcity
What Economics is About
Working with Diagrams
Economic Activities: Producing and Trading
Supply and Demand: Theory
Supply and Demand: Practice Macroeconomics
Consumer Choice: Maximizing Utility and Behavioral Economics
Budget Constraint Analysis and Indifference Curve Analysis
Production and Costs
Product Markets And Policies
Monopolistic Competition, Oligopoly, and Game Theory
Government and Product Markets: Antitrust and Regulation
Factor Markets And Related Issues
Factor Markets: With Emphasis on the Labor Market
Wages, Unions, and Labor
The Distribution of Income and Poverty
Interest, Rent, and Profit
Market Failure And Public Choice
Market Failure: Externalities, Public Goods, and Asymmetric Information
Public Choice: Economic Theory Applied to Politics The Global Economy
International Economics And Globalization
Globalization and International Impacts on the Economy
Stocks, Bonds, Futures, and Options
Should You Major in Economics?
Index Web Chapter
Agriculture: Farmers' Problems, Government Policies, and Unintended Effects
Table of Contents provided by Publisher. All Rights Reserved.