Microeconomics : principles, applications and tools

Main Author: O'Sullivan
Other Authors: Sheffrin,, Perez,
Format: Book
Language:English
Published: Upper Saddle River, NJ: Pearson Education, 2012.
Edition:7th ed.
Subjects:
Table of Contents:
  • Introduction: what is economics?
  • Key principles of economics
  • Exchange and markets
  • Demand, supply, and market equilibrium
  • Elasticity : a measure of responsiveness
  • Market efficiency and government intervention
  • Consumer choice with utility theory
  • Production technology and cost
  • Perfect competition
  • Monopoly and price discrimination
  • Market entry and monopolistic competition
  • Oligopoly and strategic behavior
  • Controlling market power : antitrust and regulation
  • Imperfect information: adverse selection and moral hazard
  • Public goods and public choice
  • External costs and environmental policy
  • The labor market, income, and poverty
  • Unions, monopsony, and imperfect information
  • International trade and public policy