Synopses & Reviews
Brad Schiller's text, The Micro Economy Today, 11e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues. Every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. And Schiller packs his chapters with the facts of economic lifereal stories and applications. This is a book that teaches economics in a relevant context with careful pedagogy. It is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework. Schiller 11e is for students motivated by real-world policy issues who want to become economically literate. This is a book students actually READ. Schiller is also known for its cutting-edge and current coverage of todays issues.
Table of Contents
Schiller: The Micro Economy Today, 11/eContents in Brief
Preface
Part 1 The Economic ChallengeChapter 1 Economics: The Core IssuesAppendix: using GraphsChapter 2 The U.S. Economy: A Global ViewChapter 3 Supply and DemandChapter 4 The Public SectorPart 2 Product Markets: The BasicsChapter 5 Consumer DemandAppendix: Indifference CurvesChapter 6 The Costs of ProductionPart 3 Market StructureChapter 7 The Competitive FirmChapter 8 Competitive MarketsChapter 9 MonopolyChapter 10 OligopolyChapter 11 Monopolistic CompetitionPart 4 Regulatory IssuesChapter 12 (De)Regulation of BusinessChapter 13 Environmental ProtectionChapter 14 The Farm ProblemPart 5 Factor Markets: Basic TheoryChapter 15 The Labor MarketChapter 16 Labor UnionsChapter 17 Financial MarketsPart 6 Distributional IssuesChapter 18 Taxes: Equity versus EfficiencyChapter 19 Transfer Payments: Welfare and Social SecurityPart 7 International EconomicsChapter 20 International tradeChapter 21 International FinanceChapter 22 Global PovertyGlossaryIndexReference Tables