Microeconomics: Private Markets and Public Choice (7th Edition)

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9780321337177: Microeconomics: Private Markets and Public Choice (7th Edition)

Maximizing happiness means more than maximizing wealth, and yet many students assume economists only care about "the bottom line." "Economics: Private Markets and Public Choice emphasizes that economics is, at its base, about our society's well-being and our individual happiness in "all forms, not just profit. The authors teach students to apply economic concepts not only to key policy decisions like taxes, inflation, and free trade, but also to personal decisions such as household finance, marriage, and career choices.The Seventh Edition is enhanced by MyEconLab, the online homework system featuring automatically graded graphing problems and proven tutorial tools. Access to MyEconLab comes with every new textbook at no additional cost to the student.

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KEY BENEIFT: The Sixth Edition of this introduction to principles of economics again integrates the public choice theme with a discussion of basic economic issues, while including many new analyses of domestic policies, and proposals and current global events. The free market approach begins in Chapter One with a condensed and accessible discussion contrasting market and non-market institutions, and is carried throughout the text. The book features a tightened exposition of microeconomics, more coverage of environmental economics and the economics of information, many new applications, and the addition of Internet-based exercises to each chapter. For business novices.

About the Author:

" "Robert B. Ekelund Jr. " "Auburn "University " ." He is the author of numerous books, including"The Marketplace of Christianity "with Robert D. Tollison and Robert F. Herbert. ?

Robert D. Tollison, Professor of Economics and BB&T Senior Fellow, is one of the world s foremost scholars in the field of public choice. He is an editor of the journal Public Choice and serves on the editorial boards of Constitutional Political Economy and the Journal of Sports Economics and the advisory board of the Encyclopedia of Public Choice. Professor Tollison, who received his Ph.D. from the University of Virginia in 1969, is the author or co-author of eleven books, over 100 articles in books, and over 200 articles in scholarly journals.

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Ekelund, Robert B., Ressler, Rand W., To
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