9780134789378 | Microeconomics, Student ...

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For two-semester principles of economics courses.

An intuitive and grounded approach to economics

Get students to think like economists using the latest policy and data while incorporating global issues. Microeconomics, 13th Edition builds on the foundation of the previous edition and retains a thorough and careful presentation of the principles of economics. The text emphasizes real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. As a hallmark, features in the chapter openings and endings encourage students to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective and deeper understanding of today’s events.

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0134789377 / 9780134789378 Microeconomics, Student Value Edition
0134789806 / 9780134789804 MyLab Economics with Pearson eText -- Standalone Access Card -- for Microeconomics

Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics.

Professor Parkin’s research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Professor Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.

PART I: INTRODUCTION

1. What is Economics?

2. The Economic Problem

PART II: HOW MARKETS WORK

3. Demand and Supply

4. Elasticity

5. Efficiency And Equity

6. Government Actions in Markets

7. Global markets in Action

PART III: HOUSEHOLDS’ CHOICES

8. Utility and Demand

9. Possibilities, Preferences, and Choices

PART IV: FIRMS AND MARKETS

10. Organizing Production

11. Output and Costs

12. Perfect Competition

13. Monopoly

14. Monopolistic Competition

15. Oligopoly

PART V: MARKET FAILURE AND GOVERNMENT

16. Public Choices, Public Goods, and Healthcare

17. Externalities

PART VI: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

18. Markets for Factors of Production

19. Economic Inequality

20. Uncertainty and Information

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Microeconomics, Student Value Edition

Microeconomics, Student Value Edition

Summary

Author Biography

Table of Contents

Supplemental Materials

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