Microeconomics - Hardcover

Boyes, William J.; Melvin, Michael

3.35

17 ratings by Goodreads

Hardcover

ISBN 10: 039567543X ISBN 13: 9780395675434

Publisher: Houghton Mifflin (Academic), 1994

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Principles of Microeconomics covers the scope and sequence of most introductory microeconomics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. Principles of Microeconomicshas been updated to include current FRED (Federal Reserve Economic) data. Senior Contributing Authors Steven A. Greenlaw, University of Mary Washington Timothy Taylor, Macalester College Contributing Authors Eric Dodge, Hanover College Cynthia Gamez, University of Texas at El Paso Andres Jauregui, Columbus State University Diane Keenan, Cerritos College Dan MacDonald, California State University San Bernardino Amyaz Moledina, The College of Wooster Ralph Sonenshine, American University David Shapiro, Pennsylvania State University Craig Richardson, Winston-Salem State University

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Review:

Part I: INTRODUCTION TO ECONOMICS. 1. The Central Idea. 2. Observing and Explaining the Economy. 3. The Supply and Demand Model. 4. Subtleties of the Supply and Demand Model: Price Floors, Price Ceilings and Elasticity. Part II: PRINCIPLES OF MICROECONOMICS. 5. The Demand Curve and the Behavior of Consumers. 6. The Supply Curve and the Behavior of Firms. 7. The Efficiency of Markets. Part III: THE ECONOMICS OF THE FIRM 8. Costs and the Changes at Firms Over Time. 9. The Rise and Fall of Industries. 10. Monopoly. 11. Product Differentiation and Monopolistic Competition. 12. Antitrust Policy and Regulation. Part IV: MARKETS. 13. Labor Markets. 14. Taxes, Transfers and Income Distribution. 15. Public Goods, Externalities and Government Behavior. 16. Capital and Financial Markets. Appendix to Chapter 2: Reading, Understanding, and Creating Graphs. Appendix to Chapter 5: Consumer Theory with Indifference Curves. Appendix to Chapter 8: Producer Theory with Isoquants.

Synopsis:

This second edition contains the international emphasis, clear presentation, attention to fundamental concepts, pedagogical art program, application scheme, and thoroughly developed and integrated ancillary package that contributed to the success of the first edition. The text, art and photographs in each chapter have been updated and refined and coverage has been expanded to reflect changes in the course and in the world. Ancillary package available upon adoption.

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