Microeconomics, Global Edition -- Pearson eText (OLP) 180 days Subscription

Description
Table of Contents

Microeconomics 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.

This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed.

PART 1: INTRODUCTION

What is Economics?
The Economic Problem

PART 2: HOW MARKETS WORK

Demand and Supply
Elasticity
Efficiency And Equity
Government Actions in Markets
Global Markets in Action

PART 3: HOUSEHOLDS' CHOICES

Utility and Demand
Possibilities, Preferences, and Choices

PART 4: FIRMS AND MARKETS

Organizing Production
Output and Costs
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly

PART 5: MARKET FAILURE AND GOVERNMENT

Public Choices, Public Goods, and Healthcare
Externalities

PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

Markets for Factors of Production
Economic Inequality
Uncertainty and Information

PART 7: MONITORING MACROECONOMIC PERFORMANCE

Monitoring the Value of Production: GDP
Monitoring Jobs and Inflation

PART 8: MACROECONOMIC TRENDS

Economic Growth
Finance, Saving, and Investment
Money, the Price Level, and Inflation
The Exchange Rate and the Balance of Payments

PART 9: MACROECONOMIC FLUCTUATIONS

Aggregate Supply and Aggregate Demand
Expenditure Multipliers
The Business Cycle, Inflation, and Deflation

PART 10: MACROECONOMIC POLICY

Fiscal Policy
Monetary Policy