(eBook) (PDF) Microeconomics, 14th edition

Description

Overview

Economics gets you to think like an economist by incorporating the latest policy, data and discussions on important global issues.The 14th Edition emphasizes real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. Hallmark features in the chapter openings and endings encourage you to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to, and deeper understanding of, today’s events.

Published by Pearson (July 7th 2022) – Copyright © 2023
ISBN-13: 9780137650699
Subject: Economics
Category: Principles of Economics

PART 1: INTRODUCTION

1. What is Economics?
2. The Economic Problem

PART 2: HOW MARKETS WORK

3. Demand and Supply
4. Elasticity
5. Efficiency And Equity
6. Government Actions in Markets
7. Global Markets in Action

PART 3: HOUSEHOLDS’ CHOICES

8. Utility and Demand
9. Possibilities, Preferences, and Choices

PART 4: FIRMS AND MARKETS

10. Organizing Production
11. Output and Costs
12. Perfect Competition
13. Monopoly
14. Monopolistic Competition
15. Oligopoly

PART 5: MARKET FAILURE AND GOVERNMENT

16. Public Choices, Public Goods, and Healthcare
17. Externalities

PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

18. Markets for Factors of Production
19. Economic Inequality
20. Uncertainty and Information

PART 7: MONITORING MACROECONOMIC PERFORMANCE

21. Monitoring the Value of Production: GDP
22. Monitoring Jobs and Inflation

PART 8: MACROECONOMIC TRENDS

23. Economic Growth
24. Finance, Saving, and Investment
25. Money, the Price Level, and Inflation
26. The Exchange Rate and the Balance of Payments

PART 9: MACROECONOMIC FLUCTUATIONS

27. Aggregate Supply and Aggregate Demand
28. Expenditure Multipliers
29. The Business Cycle, Inflation, and Deflation

PART 10: MACROECONOMIC POLICY

30. Fiscal Policy
31. Monetary Policy