Synopses & Reviews
Microeconomics, 17e, by Samuelson and Nordhaus, is the classic text which set the standard for principles of economics texts when it was introduced in 1948. This text has been the standard-bearer in principles books for over 50 years, presenting a clear, accurate, and interesting introduction to economics that allows students to study the world and see patterns of economic life. Bill Nordhaus is now the primary author of this modern treatment of microeconomics which has been thoroughly updated.
Table of Contents
PART ONE. BASIC CONCEPTS Chapter 1. The Fundamentals of EconomicsAppendix 1. How to Read Graphs Chapter 2. Markets and Government in a Modern Economy Chapter 3. Basic Elements of Supply and Demand PART TWO. MICROECONOMICS: SUPPLY, DEMAND, AND PRODUCT MARKETS Chapter 4. Applications of Supply and Demand Chapter 5. Demand and Consumer BehaviorAppendix 5. Geometrical Analysis of Consumer Equilibrium Chapter 6. Production and Business Organization Chapter 7. Analysis of CostsAppendix 7. Production, Cost Theory, and Decisions of the Firm Chapter 8. Analysis of Perfectly Competitive Markets Chapter 9. Imperfect Competition and Its Polar Case of Monopoly Chapter 10. Oligopoly and Monopolistic Competition Chapter 11. Uncertainty and Game Theory PART THREE. FACTOR MARKETS: LABOR, LAND, AND CAPITAL Chapter 12. How Markets Determine Incomes Chapter 13. The Labor Market Chapter 14. Land and Capital Appendix 14. Markets and Economic Efficiency PART FOUR. APPLIED MICROECONOMICS: INTERNATIONAL TRADE, GOVERNMENT, AND THE ENVIRONMENT Chapter 15. Comparative Advantage and Protectionism Chapter 16. Government Taxation and Expenditure Chapter 17. Curbing Market Power Chapter 18. Protecting the Environment Chapter 19. Efficiency vs. Equality: The Big Tradeoff