9780324586220

Microeconomics: Principles and Policy

Baumol, William J.; Blinder, Alan S.

ISBN 10: 0324586221 / 0-324-58622-1
ISBN 13: 9780324586220
Publisher: Cengage Learning
Publication Date: 2008
Binding: Softcover
Editorial Reviews for this title:
Synopsis:
This text is well-known for using the Keynesian model in the teaching of economics; yet, in recent editions, the authors expanded coverage of the growth model considerably to achieve more balanced coverage. The text uses the aggregate supply/aggregate demand model as a fundamental tool for learning macroeconomics. It achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data. Using puzzles, issues, and well-developed examples, the authors provide a good balance of theory to application, allowing you to relate the materials to your everyday life.

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Baumol, William J.; Blinder, Alan S.
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Baumol, William J.; Blinder, Alan S.
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Baumol, William J.; Blinder, Alan S.
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Baumol, William J.; Blinder, Alan S.
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Book Description: Cengage Learning, 2008. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: Part I: GETTING ACQUAINTED WITH ECONOMICS. 1. What Is Economics? 2. The Economy: Myth and Reality. 3. The Fundamental Economic Problem: Scarcity and Choice. 4. Supply and Demand: An Initial Look. Part II: THE BUILDING BLOCKS OF DEMAND AND SUPPLY. 5. Consumer Choice: Individual and Market Demand. 6. Demand and Elasticity. 7. Production, Inputs, and Cost: Building Blocks for Supply Analysis. 8. Output, Price, and Profit: The Importance of Marginal Analysis. 9. The Economics of the Stock Market. Part III: MARKETS AND THE PRICE SYSTEM. 10. The Firm and the Industry under Perfect Competition. 11. Monopoly. 12. Between Competition and Monopoly. 13. Limiting Market Power: Regulation and Antitrust. Part IV: THE VIRTUES AND LIMITATIONS OF MARKETS. 14. The Case for Free Markets I: The Price System. 15. The Shortcomings of Free Markets. 16. The Market's Prime Achievement: Innovation and Growth. 17. Externalities, the Environment and Natural Resources. 18. Taxation and Resource Allocation. Part V: THE DISTRIBUTION OF INCOME. 19. Pricing the Factors of Production. 20. Labor and Entrepreneurship: The Human Inputs. 21. Poverty, Inequality, and Discrimination. 22. International Trade and Comparative Advantage. Bookseller Inventory # ABE_book_new_0324586221

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