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Microeconomics : explore & apply
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Microeconomics : explore & apply

Author: Ronald M Ayers; Robert A Collinge
Publisher: Princeton, N.J. : Recording for the Blind & Dyslexic, 2004.
Series: Prentice Hall series in economics.
Edition/Format:   Audiobook on CD : CD audio : English
Summary:
[In this book, the authors] emphasize incentives and choice, the foundations for a vibrant market economy. Part 1 ... covers the goals of economics, various economic systems, production possibilities, comparative advantage, demand and supply, market efficiency, and price controls. Part 2 ... covers elasticity, consumer behavior, and how firms make production decisions. Part 3 ... covers the market structures of pure  Read more...
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Details

Material Type: Audio book, etc.
Document Type: Sound Recording
All Authors / Contributors: Ronald M Ayers; Robert A Collinge
OCLC Number: 54762994
Notes: Originally published: Upper Saddle River, N.J. : Pearson/Prentice Hall, c2005. Enhanced ed.
This book is part of the modular book, Economics : explore & apply / Ronald M. Ayers, Robert A. Collinge. Enhanced ed. Upper Saddle River, N.J. : Pearson/Prentice Hall, c2005.
Description: 1 sound disc : digital, mono. ; 4 3/4 in.
Contents: Journey through the economy: Economic perspective; Production and trade; Demand and supply; Power of prices --
Microeconomic foundations: Elasticity, measuring responsiveness; Consumer behavior; Firm and production; Costs and profit-maximizing output --
Output markets: Pure competition; Monopoly and antitrust; Oligopoly and monopolistic competition --
Input markets: Markets for labor and other inputs; Earnings and income distribution --
Market failure and government action: Public goods, regulation, and information; Externalities and common property resources; Public choice --
Global economy: Into the international marketplace; Policy toward trade --
Glossary --
Answers to test yourself --
Solutions to even-numbered questions and problems.
Series Title: Prentice Hall series in economics.
Responsibility: Ronald M. Ayers, Robert A. Collinge.

Abstract:

[In this book, the authors] emphasize incentives and choice, the foundations for a vibrant market economy. Part 1 ... covers the goals of economics, various economic systems, production possibilities, comparative advantage, demand and supply, market efficiency, and price controls. Part 2 ... covers elasticity, consumer behavior, and how firms make production decisions. Part 3 ... covers the market structures of pure competition, monopoly, oligopoly, and monopolistic competition. Part 4 ... shows that input markets also have their structures, with the labor market of particular significance to earnings. Part 5 ... shows how markets can fail to achieve efficiency, and how government actions can help remedy these failures. Since government actions can also be inefficient, [the authors also examine the] economic incentives in the public choice process.-Pref.

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