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Microeconomics

Auteur: Michael Parkin
Uitgever: Boston, Mass. : Pearson, ©2008.
Serie: Addison-Wesley series in economics.
Editie/Formaat:   Boek : Engels : 8th edAlle edities en materiaalsoorten bekijken.
Database:WorldCat
Samenvatting:
This is a special international edition takes a new approach to modern macroeconomic theory with an earlier integration of international topics that gives an accurate picture of how theory is used to guide and evaluate macroeconomic policy.
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Genre/Vorm: Einführung
Soort document: Boek
Alle auteurs / medewerkers: Michael Parkin
ISBN: 9780321416612 0321416619 9780321493644 0321493648
OCLC-nummer: 80181345
Beschrijving: xxxix, 488, 8, 11, 1 p. : ill. (chiefly col.) ; 26 cm.
Inhoud: pt. 1. Introduction --
1. What is economics? Understanding our changing world --
Definition of economics --
Two big economic questions --
The economic way of thinking --
Economics : a social science --
Chapter 1 appendix. Graphs in economics --
Graphing data --
Graphs used in economic models --
The slope of a relationship --
Graphing relationships among more than two variables --
Mathematical note : equations of straight lines --
2. The economic problem : good, better, best! --
Production possibilities and opportunity cost --
Using resources efficiently --
Economic growth --
Gains from trade --
Economic coordination --
Reading between the lines : policy watch : the cost and benefit of education --
Part 1 wrap-up --
Understanding the scope of economics : your economic revolution --
Probing the ideas : the sources of economic wealth --
Talking with Robert J. Barro. pt. 2 How markets work --
3. Demand and supply : slide, rocket, and roller coaster --
Markets and prices --
Demand --
Supply --
Market equilibrium --
Predicting changes in price and quantity --
Reading between the lines : demand and supply : the price of gasoline --
Mathematical note : demand, supply, and equilibrium --
4. Elasticity : when prices tumble, does revenue grow? --
Price elasticity of demand --
More elasticities of demand --
Elasticity of supply --
Reading between the lines : the elasticities of demand for notebook and desktop computers --
5. Efficiency and equity : self-interest and the social interest --
Resource and allocation methods --
Demand and marginal benefit --
Supply and marginal cost --
Is the competitive market efficient? --
Is the competitive market fair? --
Reading between the lines : policy watch : inefficiency in water use --
6. Markets in action : turbulent times --
Housing markets and rent ceilings --
The labor market and the minimum wage --
Taxes --
Subsidies and quotas --
Markets for illegal goods --
Reading between the lines : policy watch : the market for illegal downloads --
Part 2 wrap-up --
Understanding how markets work : the amazing market --
Probing the ideas : discovering the laws of demand and supply --
Talking with Charles R. Holt. pt. 3. Households' choices --
7. Utility and demand : water, water, everywhere --
The household's budget --
Preferences and utility --
Maximizing utility --
Predictions of marginal utility theory --
Efficient, price, and value --
Reading between the lines : a paradox of value in the labor market --
8. Possibilities, preferences, and choices : subterranean movements --
Consumption possibilities --
Preferences and indifference curves --
Predicting consumer behavior --
Work-leisure choices --
Reading between the lines : the marginal rate of substitution between discs and downloads --
Chapter 8 appendix. Marginal utility and indifference curves --
Two ways of describing preferences --
Utility exists! --
Part 3 Wrap-up --
Understanding households' choices : making the most of life --
Probing the ideas : people as rational decision makers --
Talking with Steven D. Levitt. pt. 4. Firms and markets --
9. Organizing production : spinning a web --
The firm and its economic problem --
Technological and economic efficiency --
Information and organization --
Markets and the competitive environment --
Market and firms --
Reading between the lines : battling for markets in Internet search --
10. Outputs and costs : survival of the fittest --
Decision time frames --
Short-run technology constraint --
Short-run cost --
Long-run cost --
Reading between the lines : mergers and costs --
11. Perfect competition : the busy bee --
What is perfect competition? --
The firm's decisions in perfect competition --
Output, price, and profit in perfect competition --
Changing tastes and advancing technology --
Competition and efficiency --
Reading between the lines : competition in the orchard --
12. Monopoly : dominating the Internet --
Market power --
A single-price monopoly's output and price decision --
Single-price monopoly and competition compared --
Price discrimination --
Monopoly policy issues --
Reading between the lines : policy watch : airline monopolies fade --
13. Monopolistic competition and oligopoly : PC war games --
What is monopolistic competition? --
Price and output in monopolistic competition --
Product development and marketing --
What is oligopoly? --
Two traditional oligopoly models --
Oligopoly games --
Repeated games and sequential games --
Reading between the lines : Dell and HP in a market share game --
Part 4 wrap-up --
Understanding firms and markets : managing change --
Probing the ideas : market power --
Talking with Drew Fudenberg. pt. 5. Market failure and government --
14. Regulation and antitrust law : social interest or self-interest? --
The economic theory of government --
Monopoly and oligopoly regulation --
Regulation and deregulation --
Antitrust law --
Reading between the lines : policy watch : market power of pharmaceutical companies --
15. Externalities : greener and smarter --
Externalities in our lives --
Negative externalities : pollution --
Positive externalities : knowledge --
Reading between the lines : policy watch : fighting air pollution in California --
16. Public goods and common resources : free riding and overusing the commons --
Classifying goods and resources --
Public goods and the free-rider problem --
Common resources --
Reading between the lines : policy watch : rain forests : a tragedy of the commons --
Part 5 wrap-up --
Understanding market failure and government : we, the people ... --
Probing the ideas : externalities and property rights --
Talking with Caroline M. Hoxby. pt. 6. Factor markets, inequality, and uncertainty --
17. Markets for factors of production : many happy returns --
Factor prices and incomes --
Labor markets --
Labor market power --
Capital markets --
Natural resource markets --
Economic rent, opportunity cost, and taxes --
Reading between the lines : labor markets in action --
Chapter 17 appendix. Present value and discounting --
Comparing current and future dollars --
Present value and investment decision --
Present value and the interest rate --
18. Economic inequality : rags and riches --
Measuring economic inequality --
The sources of economic inequality --
Income redistribution --
Reading between the lines : policy watch : trends in inequality --
19. Uncertainty and information : lotteries and lemons --
Uncertainty and risk --
Insurance --
Information --
Private information --
Managing risk in financial markets --
Uncertainty, information, and the invisible hand --
Reading between the lines : grades as signals --
Part 6 wrap-up --
Understanding market failure and government : for whom? --
Probing the ideas : running out of resources --
Talking with David Card --
pt. 7. The global economy --
20. Trading with the world : silk routes and sucking sounds --
Patterns and trends in international trade --
The gains from international trade --
International trade restrictions --
The case against protection --
Why is international trade restricted? --
Reading between the lines : policy watch : the gains from globalization --
Part 7 wrap-up --
Understanding the global economy : it's a small world --
Probing the ideas : gains from international trade --
Talking with Jagdish Bhagwati --
Glossary --
Index --
Credits.
Serietitel: Addison-Wesley series in economics.
Verantwoordelijkheid: Michael Parkin.

Fragment:

This is a special international edition takes a new approach to modern macroeconomic theory with an earlier integration of international topics that gives an accurate picture of how theory is used to guide and evaluate macroeconomic policy.

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schema:description"pt. 1. Introduction -- 1. What is economics? Understanding our changing world -- Definition of economics -- Two big economic questions -- The economic way of thinking -- Economics : a social science -- Chapter 1 appendix. Graphs in economics -- Graphing data -- Graphs used in economic models -- The slope of a relationship -- Graphing relationships among more than two variables -- Mathematical note : equations of straight lines -- 2. The economic problem : good, better, best! -- Production possibilities and opportunity cost -- Using resources efficiently -- Economic growth -- Gains from trade -- Economic coordination -- Reading between the lines : policy watch : the cost and benefit of education -- Part 1 wrap-up -- Understanding the scope of economics : your economic revolution -- Probing the ideas : the sources of economic wealth -- Talking with Robert J. Barro."@en
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schema:description"pt. 5. Market failure and government -- 14. Regulation and antitrust law : social interest or self-interest? -- The economic theory of government -- Monopoly and oligopoly regulation -- Regulation and deregulation -- Antitrust law -- Reading between the lines : policy watch : market power of pharmaceutical companies -- 15. Externalities : greener and smarter -- Externalities in our lives -- Negative externalities : pollution -- Positive externalities : knowledge -- Reading between the lines : policy watch : fighting air pollution in California -- 16. Public goods and common resources : free riding and overusing the commons -- Classifying goods and resources -- Public goods and the free-rider problem -- Common resources -- Reading between the lines : policy watch : rain forests : a tragedy of the commons -- Part 5 wrap-up -- Understanding market failure and government : we, the people ... -- Probing the ideas : externalities and property rights -- Talking with Caroline M. Hoxby."@en
schema:description"pt. 2 How markets work -- 3. Demand and supply : slide, rocket, and roller coaster -- Markets and prices -- Demand -- Supply -- Market equilibrium -- Predicting changes in price and quantity -- Reading between the lines : demand and supply : the price of gasoline -- Mathematical note : demand, supply, and equilibrium -- 4. Elasticity : when prices tumble, does revenue grow? -- Price elasticity of demand -- More elasticities of demand -- Elasticity of supply -- Reading between the lines : the elasticities of demand for notebook and desktop computers -- 5. Efficiency and equity : self-interest and the social interest -- Resource and allocation methods -- Demand and marginal benefit -- Supply and marginal cost -- Is the competitive market efficient? -- Is the competitive market fair? -- Reading between the lines : policy watch : inefficiency in water use -- 6. Markets in action : turbulent times -- Housing markets and rent ceilings -- The labor market and the minimum wage -- Taxes -- Subsidies and quotas -- Markets for illegal goods -- Reading between the lines : policy watch : the market for illegal downloads -- Part 2 wrap-up -- Understanding how markets work : the amazing market -- Probing the ideas : discovering the laws of demand and supply -- Talking with Charles R. Holt."@en
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