Modern principles : microeconomics

Bibliographic Information

Modern principles : microeconomics

Tyler Cowen, Alex Tabarrok

Worth Publishers, c2013

2nd ed

Available at  / 3 libraries

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Note

Includes bibliographical references (p. R1-R6) and index

Description and Table of Contents

Description

In a world full of economics blogs, Cowen and Tabarrok's Marginal Revolution (http://marginalrevolution.com/) is one of the Web's most popular and respected. The same qualities that make the blog so distinctive are also behind the success of Modern Principles of Economics - engaging authors, unbiased presentations ideas, and a clear writing style.

Table of Contents

PART I: SUPPLY AND DEMAND The Big Ideas The Power of Trade and Comparative Advantage Supply and Demand Equilibrium: How Supply and Demand Determine Prices Elasticity and its Applications Appendix: Other Types of Elasticities Appendix: Elasticities with Excel Taxes and Subsidies PART II: THE PRICE SYSTEM The Price System: Signals, Speculation and Prediction Price Ceilings and Price Floors International Trade Externalities: When Prices Send the Wrong Signals PART III: FIRMS AND FACTOR MARKETS Costs and Profit Maximization Under Competition Appendix: Using Excel to Graph Cost Curves Competition and the Invisible Hand Monopoly Price Discrimination Appendix: Solving Price Discrimination Problems with Excel Cartels, Oligopolies, and Monopolistic Competition The Economics of Network Goods: Competing for Monopoly Labor Markets PART IV: GOVERNMENT Public Goods and the Tragedy of the Commons Appendix: The Tragedy of the Commons: How Fast? Political Economy and Public Choice Economics, Ethics and Public Policy PART V: DECISION MAKING FOR BUSINESSES, INVESTORS, AND CONSUMERS Managing Incentives Stock Markets and Personal Finance Consumer Choice Back-of-Book Appendices A: Reading Graphs in Economics B: Answers to Check Yourself

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