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Principles of Microeconomics

ISBN-10: 0073402834
ISBN-13: 9780073402833
Edition: 2009
Authors: James D. Miller
List price: $192.00 Buy it from $16.48
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Description: Miller,Principles of Microeconomics, 1e is written on the premise that Microeconomics should fascinate. The book was written to read more like a non-fiction book than a traditional textbook, and uses engaging and sometimes irreverent examples to  More...

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Book details

List price: $192.00
Copyright year: 2009
Publisher: McGraw-Hill Higher Education
Publication date: 2/7/2008
Binding: Paperback
Pages: 480
Size: 8.25" wide x 9.75" long x 0.75" tall
Weight: 2.112
Language: English

Miller,Principles of Microeconomics, 1e is written on the premise that Microeconomics should fascinate. The book was written to read more like a non-fiction book than a traditional textbook, and uses engaging and sometimes irreverent examples to capture student interest. Miller 1e aims to introduce concepts clearly with a realistic world view, so students are able to reconcile economic theory with their immediate surroundings. Uniquely, Miller 1e makes use of many original, fictional stories to explain and complement the material. The stories do not displace analysis of traditional microeconomic theory; they stimulate student interest and provide an intuitive introduction to numerous concepts. Rather than implicitly assume that politicians always put the common good ahead of their own self-interests as most texts do, Miller 1e uses public choice theory to present a realistic view of politicians and their effect on economics. In addition, while many texts ignore, or briefly cover, the important topic of Innovation, Miller 1e considers the powerful force of Innovation extensively in the text, addressing it in over half of the chapters, and creating an instant tie-in for today’s digital-age students.

PART ONE: INTRODUCTION Chapter 1: What is Microeconomics? PART TWO: THE MAGIC OF THE MARKETPLACE Chapter 2: Introducing Supply and Demand Chapter 3: Supply and Demand Intertwined Chapter 4: Elasticities Chapter 5: Policy Analysis with Supply and Demand Chapter 6: Wealth Creation and Destruction Chapter 7: Trade Chapter 8: Costs Chapter 9: Perfect Competition PART THREE: IMPERFECT MARKETS/IMPERFECT GOVERNMENTS Chapter 10: Challenge to Market Effectiveness 1: Monopolies Chapter 11: Challenge to Market Effectiveness 2: Oligopolies Chapter 12: Government Imperfections Chapter 13: Challenge to Market Effectiveness 3: Externalities and the Environment Chapter 14: Challenge to Market Effectiveness 4: Inadequate Property Rights Chapter 15: Challenge to Market Effectiveness 5: Incomplete Information Chapter 16: Challenge to Market Effectiveness 6?: Inequality PART FOUR: ECONOMICS IS EVERYWHERE Chapter 17: Economics is Everywhere

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