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Modern Principles of Microeconomics

Autor Alex Tabarrok, Tyler Cowen
en Limba Engleză Paperback – sep 2020
Modern Principles means modern content and modern delivery and Tyler Cowen and Alex Tabarrok deliver with a knack for revealing the `invisible hand¿ of economics at work and a unique combination of vivid writing, up-to-date relevant examples and unparalleled online resources, perfect for your principles of economics course. Modern Principles of Macroeconomics places an emphasis on the power of incentives which underscores how economics helps us understand why we do what we do (in other words, the decisions we make in the face of incentives in the real world). These are brought to life via examples including a discussion of housing prices and the elasticity of supply, the declining labor force participation rate of young men, the platform economics of free goods like Facebook and Twitter, monetary policy in a pandemic and the politics and economics of trade in the Trump era. Modern Principles of Macroeconomics is supported by Achieve, which includes: -

170+ Marginal Revolution University videos to support you along the learning pathway -

Animated pre-lecture tutorials will help you to understand core economic topics before going to class -

Access to an eBook for easy reading and searching -

LearningCurve adaptive quizzing offers practice questions to check your understanding and provides feedback to ensure you have grasped the concepts -

Step-by-Step graphs and Discovering Data activities allow you to work step-by-step through scenarios so that you can see economic principles in action
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Specificații

ISBN-13: 9781319384029
ISBN-10: 1319384021
Ilustrații: Approx. 575 p.
Dimensiuni: 214 x 273 x 21 mm
Greutate: 1.12 kg
Ediția:5th ed. 2021
Editura: Macmillan Learning

Descriere

Modern Principles means modern content and modern delivery and Tyler Cowen and Alex Tabarrok deliver with a knack for revealing the 'invisible hand' of economics at work and a unique combination of vivid writing, up-to-date relevant examples and unparalleled online resources, perfect for your principles of economics course.


Notă biografică

Tyler Cowen; Alex Tabarrok

Cuprins

Preface

CHAPTER 1 The Big Ideas

CHAPTER 2 The Power of Trade and Comparative Advantage

PART 1: Supply and Demand

CHAPTER 3 Supply and Demand

CHAPTER 4 Equilibrium

CHAPTER 5 Elasticity and Its Applications

CHAPTER 6 Taxes and Subsidies

PART 2: The Price System

CHAPTER 7 The Price System: Signals, Speculation, and Prediction

CHAPTER 8 Price Ceilings and Floors

CHAPTER 9 International Trade

CHAPTER 10 Externalities: When the Price Is Not Right

PART 3: Firms and Factor Markets

CHAPTER 11 Costs and Profit Maximization Under Competition

CHAPTER 12 Competition and the Invisible Hand

CHAPTER 13 Monopoly

CHAPTER 14 Price Discrimination and Pricing Strategy

CHAPTER 15 Oligopoly and Game Theory

CHAPTER 16 Networks, Platforms, and the Economics of ¿ Free Goods¿

CHAPTER 17 Monopolistic Competition and Advertising

CHAPTER 18 Labor Markets

PART 4: Government

CHAPTER 19 Public Goods and the Tragedy of the Commons

CHAPTER 20 Political Economy and Public Choice

CHAPTER 21 Economics, Ethics, and Public Policy

PART 5: Decision Making for Businesses,Investors, and Consumers

CHAPTER 22 Managing Incentives

CHAPTER 23 Stock Markets and Personal Finance

CHAPTER 24 Asymmetric Information: Moral Hazard and Adverse Selection

CHAPTER 25 Consumer Choice

APPENDIX A Reading Graphs and Making Graphs

APPENDIX B Solutions to Check Yourself Questions B-1

Glossary G-1

References R-1

Index I-1