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Other titles in the Prentice-Hall Series in Economics series:

Microeconomics: Principles and Tools

Microeconomics: Principles and Tools
 Cover

 

Synopses & Reviews

Publisher Comments:

The book provides a clear, concise, and accessible presentation of key points. Its hallmark feature includes a focus on the 5 Key Principles of Economics1) Opportunity Cost, 2) The Marginal Principle (comparing marginal benefits and marginal costs), 3) Diminishing Returns, 4) The Spillover Principle (for externalities in production and consumption), 5) The Reality Principle (distinguishing real from nominal magnitudes). For financial professionals and analysts.

Table of Contents

PART 1: INTRODUCTION AND KEY PRINCIPLES

Chapter 1: Introduction: What is Economics?

Chapter 2: Key Principles of Economics

Chapter 3: Exchange and Markets

Chapter 4: Supply, Demand, and Market Equilibrium

PART 2: A CLOSER LOOK AT SUPPLY AND DEMAND

Chapter 5: Elasticity: A Measure of Responsiveness

Chapter 6: Consumer Choice

Chapter 7: Market Efficiency and Government Intervention

PART 3:   INFORMATION AND EXTERNALITIES

Chapter 8: Imperfect Information: Adverse Selection and Moral Hazard

Chapter 9: Environmental Policy

Chapter 10: Public Goods and Public Choice

PART 4: MARKET STRUCTURES AND PRICING

Chapter 11: Production Technology and Cost

Chapter 12: Perfect Competition

Chapter 13: Monopoly and Price Discrimination

Chapter 14: Market Entry and Monopolistic Competition

Chapter 15: Oligopoly and Strategic Behavior

Chapter 16: Market Structure and Public Policy

PART 5: THE LABOR MARKET AND INCOME DISTRIBUTION

Chapter 17: The Labor Market and the Distribution of Income

Chapter 18: Beyond Perfect Competition: Unions, Monopsony, and Imperfect Information

PART 6: THE BASIC CONCEPTS IN MACROECONOMICS

Chapter 19: International Trade and Public Policy

 

Product Details

ISBN:
9780130358127
Subtitle:
Principles and Tools
Publisher:
Academic Internet Publishers
Author:
Osullivan and Sheffrin, And Sheffrin
Author:
Sheffrin, Steven
Author:
O'Sullivan, Arthur
Author:
Sheffrin, Steven M.
Subject:
Microeconomics
Subject:
Economics - Microeconomics
Subject:
Economics - General
Subject:
Book Notes
Copyright:
Edition Number:
3
Edition Description:
Trade paper
Series:
Cram101 Textbook Outlines
Publication Date:
20041117
Binding:
Paperback
Grade Level:
College/higher education:
Language:
English
Illustrations:
Y
Pages:
496
Dimensions:
11.00x8.25x.43 in. 1.04 lbs.

Related Subjects

History and Social Science » Economics » General

Microeconomics: Principles and Tools
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Product details 496 pages Academic Internet Publishers - English 9780130358127 Reviews:
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