Principles of Microeconomics, Global Edition

Höfundar: Karl E. Case; Ray C. Fair; Sharon E. Oster (Útgáfa: 14)
Principles of Microeconomics, Global Edition

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For principles of microeconomics courses. All-time best-selling principles of microeconomics title Principles of Microeconomics is trusted for its clear, thorough and complete coverage of how market economies function. Built on comprehensive microeconomics models, it balances economic theory, institutional material and real-world examples, with emphasis on the art and science of economic thinking.

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Útgefandi
Pearson International Content
ISBN
9781292756127
Print ISBN
9781292488318
Format
ePub
Útgáfa
14
Höfundar
Karl E. Case; Ray C. Fair; Sharon E. Oster
Tungumál
English
Útgefið
2026-03-09
Prent takmörkun á líftíma
100
Prent takmörkun
2
Afritunar takmörkun
2

Kaflar

  • Cover
  • Cover
  • Front Matter
  • Title Page
  • Copyright
  • About the Authors
  • Preface
  • Interactive Media Contents
  • 1: The Scope and Method of Economics (Part I: Introduction to Economics)
  • Introduction: The Scope and Method of Economics
  • 1.1: Why Study Economics?
  • 1.2: The Scope of Economics
  • 1.3: The Method of Economics
  • 1.4: An Invitation
  • 1.5: Economic Skills and Economics as a Career
  • Summary: The Scope and Method of Economics
  • 1 Appendix: How to Read and Understand Graphs
  • Introduction: How to Read and Understand Graphs
  • 1A.1: Time Series Graphs
  • 1A.2: Graphing Two Variables
  • 1A.3: Plotting Income and Consumption Data for Households
  • 1A.4: Slope
  • 1A.5: Some Precautions
  • Summary: How to Read and Understand Graphs
  • 2: The Economic Problem: Scarcity and Choice
  • Introduction: The Economic Problem: Scarcity and Choice
  • 2.1: Scarcity, Choice, and Opportunity Cost
  • 2.2: Economic Systems and the Role of Government
  • Summary: The Economic Problem: Scarcity and Choice
  • 3: Demand, Supply, and Market Equilibrium
  • Introduction: Demand, Supply, and Market Equilibrium
  • 3.1: Firms and Households: The Basic Decision-Making Units
  • 3.2: Input Markets and Output Markets: The Circular Flow
  • 3.3: Demand in Product/Output Markets
  • 3.4: Supply in Product/Output Markets
  • 3.5: Market Equilibrium
  • Summary: Demand, Supply, and Market Equilibrium
  • 4: Demand and Supply Applications
  • Introduction: Demand and Supply Applications
  • 4.1: The Price System: Rationing and Allocating Resources
  • 4.2: Supply and Demand Analysis: Tariffs (Tax)
  • 4.3: Supply and Demand and Market Efficiency
  • Summary: Demand and Supply Applications
  • 5: Elasticity
  • Introduction: Elasticity
  • 5.1: Price Elasticity of Demand
  • 5.2: Calculating Elasticities
  • 5.3: The Determinants of Demand Elasticity
  • 5.4: Other Important Elasticities
  • 5.5: What Happens When We Raise Taxes: Using Elasticity
  • Summary: Elasticity
  • Part II: The Market System: Choices Made by Households and Firms
  • Part II: The Market System: Choices Made by Households and Firms
  • 6: Household Behavior and Consumer Choice
  • Introduction: Household Behavior and Consumer Choice
  • 6.1: Household Choice in Output Markets
  • 6.2: The Basis of Choice: Utility
  • 6.3: Income and Substitution Effects
  • 6.4: Household Choice in Input Markets
  • 6.5: A Review: Households in Output and Input Markets
  • Summary: Household Behavior and Consumer Choice
  • 6 Appendix: Indifference Curves
  • Introduction: Indifference Curves
  • Summary: Indifference Curves
  • 7: The Production Process: The Behavior of Profit-Maximizing Firms
  • Introduction: The Production Process: The Behavior of Profit-Maximizing Firms
  • 7.1: The Behavior of Profit-Maximizing Firms
  • 7.2: The Production Process
  • 7.3: Choice of Technology
  • Summary: The Production Process: The Behavior of Profit-Maximizing Firms
  • 7 Appendix: Isoquants and Isocosts
  • Introduction: Isoquants and Isocosts
  • Summary: Isoquants and Isocosts
  • 8: Short-Run Costs and Output Decisions
  • Introduction: Short-Run Costs and Output Decisions
  • 8.1: Costs in the Short Run
  • 8.2: Output Decisions: Revenues, Costs, and Profit Maximization
  • Summary: Short-Run Costs and Output Decisions
  • 9: Long-Run Costs and Output Decisions
  • Introduction: Long-Run Costs and Output Decisions
  • 9.1: Short-Run Conditions and Long-Run Directions
  • 9.2: Long-Run Costs: Economies and Diseconomies of Scale
  • 9.3: Long-Run Adjustments to Short-Run Conditions
  • 9.4: Output Markets: A Final Word
  • Summary: Long-Run Costs and Output Decisions
  • 9 Appendix: External Economies and Diseconomies
  • Introduction: External Economies and Diseconomies
  • Summary: External Economies and Diseconomies
  • 10: Input Demand: The Labor and Land Markets
  • Introduction: Input Demand: The Labor and Land Markets
  • 10.1: Input Markets: Basic Concepts
  • 10.2: Labor Markets
  • 10.3: Land Markets
  • 10.4: Input Demand Curves
  • 10.5: Profit-maximizing Condition in Input Markets
  • Summary: Input Demand: The Labor and Land Markets
  • 11: Input Demand: The Capital Market and the Investment Decision
  • Introduction: Input Demand: The Capital Market and the Investment Decision
  • 11.1: Capital and Investment
  • 11.2: The Demand for New Capital and the Investment Decision
  • 11.3: The Capital Market
  • 11.4: A Final Word on Capital
  • Summary: Input Demand: The Capital Market and the Investment Decision
  • 11 Appendix: Calculating Present Value
  • Introduction: Calculating Present Value
  • 11A.1: Present Value
  • 11A.2: Lower Interest Rates, Higher Present Values
  • Summary: Calculating Present Value
  • 12: General Equilibrium and the Efficiency of Perfect Competition
  • Introduction: General Equilibrium and the Efficiency of Perfect Competition
  • 12.1: Market Adjustment to Changes in Demand
  • 12.2: Allocative Efficiency and Competitive Equilibrium
  • 12.3: The Sources of Market Failure
  • 12.4: Evaluating the Market Mechanism
  • Summary: General Equilibrium and the Efficiency of Perfect Competition
  • 13: Monopoly and Antitrust Policy (Part III: Market Imperfections and the Role of Government)
  • Introduction: Monopoly and Antitrust Policy
  • 13.1: Imperfect Competition and Market Power: Core Concepts
  • 13.2: Price and Output Decisions in Pure Monopoly Markets
  • 13.3: The Social Costs of Monopoly
  • 13.4: Price Discrimination
  • 13.5: Remedies for Monopoly: Antitrust Policy
  • Summary: Monopoly and Antitrust Policy
  • 14: Oligopoly
  • Introduction: Oligopoly
  • 14.1: Market Structure in an Oligopoly
  • 14.2: Oligopoly Models
  • 14.3: Game Theory
  • 14.4: Oligopoly and Economic Performance
  • 14.5: The Role of Government
  • Summary: Oligopoly
  • 15: Monopolistic Competition
  • Introduction: Monopolistic Competition
  • 15.1: Industry Characteristics
  • 15.2: Product Differentiation and Advertising
  • 15.3: Price and Output Determination in Monopolistic Competition
  • 15.4: Economic Efficiency and Resource Allocation
  • Summary: Monopolistic Competition
  • 16: Externalities, Public Goods, and Common Resources
  • Introduction: Externalities, Public Goods, and Common Resources
  • 16.1: Externalities and Environmental Economics
  • 16.2: Public (Social) Goods
  • 16.3: Common Resources
  • Summary: Externalities, Public Goods, and Common Resources
  • 17: Uncertainty and Asymmetric Information
  • Introduction: Uncertainty and Asymmetric Information
  • 17.1: Decision Making Under Uncertainty: The Tools
  • 17.2: Asymmetric Information
  • 17.3: Incentives
  • Summary: Uncertainty and Asymmetric Information
  • 18: Income Distribution and Poverty
  • Introduction: Income Distribution and Poverty
  • 18.1: The Sources of Household Income
  • 18.2: The Distribution of Market Income
  • 18.3: Causes of Inequality in Market Income
  • 18.4: Arguments for and Against Reducing Market-Income Inequality
  • 18.5: Redistribution of Income Through Taxes and Transfers
  • 18.6: Poverty
  • 18.7: The Minimum Wage
  • 18.8: The Distribution of Wealth
  • 18.9: Income Inequality in Other Countries
  • Summary: Income Distribution and Poverty
  • 19: Public Finance: The Economics of Taxation
  • Introduction: Public Finance: The Economics of Taxation
  • 19.1: The Basics of Taxation
  • 19.2: Tax Incidence: Who Pays?
  • 19.3: Excess Burdens and the Principle of Neutrality
  • 19.4: The Principle of Second Best
  • 19.5: Tax Equity
  • 19.6: Social Choice
  • Summary: Public Finance: The Economics of Taxation
  • 20: International Trade, Comparative Advantage, and Protectionism (Part IV: The World Economy)
  • Introduction: International Trade, Comparative Advantage, and Protectionism
  • 20.1: Trade Surpluses and Deficits
  • 20.2: The Economic Basis for Trade: Comparative Advantage
  • 20.3: The Sources of Comparative Advantage
  • 20.4: Trade Barriers: Tariffs, Export Subsidies, and Quotas
  • 20.5: Free Trade or Protection?
  • 20.6: An Economic Consensus
  • Summary: International Trade, Comparative Advantage, and Protectionism
  • 21: Economic Growth in Developing Economies
  • Introduction: Economic Growth in Developing Economies
  • 21.1: Life in the Developing Nations: Population and Poverty
  • 21.2: Economic Development: Sources and Strategies
  • 21.3: Development Interventions
  • Summary: Economic Growth in Developing Economies
  • 22: Critical Thinking about Research (Part V: Methodology)
  • Introduction: Critical Thinking about Research
  • 22.1: Selection Bias
  • 22.2: Causality
  • 22.3: Statistical Significance
  • 22.4: Regression Analysis
  • Summary: Critical Thinking about Research
  • Credits
  • Credits
  • Additional Glossary
  • Additional Glossary
  • Glossary