Microeconomics Principles and Applications

ISBN-10: 143903897X

ISBN-13: 9781439038970

Edition: 5th 2010

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Book details

List price: $322.95
Edition: 5th
Copyright year: 2010
Publisher: Cengage South-Western
Publication date: 11/24/2009
Binding: Paperback
Pages: 552
Size: 8.50" wide x 9.75" long x 0.75" tall
Weight: 2.530
Language: English

Robert E. Hall is the Robert and Carole McNeil Professor of Economics and Hoover Senior Fellow at Stanford University. He is the author of "The Rational Consumer, Booms and Recessions in a Noisy Economy", and "Digital Dealing".

Dr. Marc Lieberman is Clinical Professor of Economics at New York University. He received his Ph.D. from Princeton University. Dr. Lieberman has taught graduate and undergraduate courses in microeconomics, macroeconomics, econometrics, labor economics, and international economics. He has presented his extremely popular Principles of Economics course at Harvard, Vassar, the University of California at Santa Cruz, the University of Hawaii, and New York University. Dr. Lieberman has won NYU's Golden Dozen teaching award three times and has also received the Economics Society Award for Excellence in Teaching. He is co-editor and contributor to THE ROAD TO CAPITALISM: ECONOMIC TRANSFORMATION IN EASTERN EUROPE AND THE FORMER SOVIET UNION. Dr. Lieberman has consulted for the Bank of America and the Educational Testing Service. In his spare time, he is a professional screenwriter and teaches screenwriting at NYU's School of Continuing and Professional Studies.

Preliminaries
What Is Economics?
Scarcity, Choice, and Economic Systems
Supply and Demand
Supply and Demand
Working with Supply and Demand
Elasticity
Microeconomic Decision Makers
Consumer Choice
Production and Cost
How Firms Make Decisions: Profit Maximization
Product Markets
Perfect Competition
Monopoly
Monopolistic Competition and Oligopoly
Labor, Capital, and Financial Markets
Labor Markets
Capital and Financial Markets
Efficiency, Government, and the Global Economy
Economic Efficiency and the Competitive Ideal
Government's Role in Economic Efficiency
Comparative Advantage and the Gains from International Trade
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