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Economics is everywhere

Author: Daniel S Hamermesh
Publisher: Boston : McGraw-Hill/Irwin, ©2004.
Edition/Format:   Print book : EnglishView all editions and formats
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Daniel S Hamermesh
ISBN: 0072851430 9780072851434
OCLC Number: 50684134
Notes: Includes index.
Description: xii, 260 pages ; 22 cm
Contents: Introduction : Thinking about the economics everywhere --
Part I. Trade-offs, supply and demand --
Trade-offs and opportunity cost --
Supply and demand curves --
Supply and demand together: unrestricted markets --
Supply and demand: restricted markets --
The consumer: incentives and elasticity --
The consumer: satisfaction and preferences --
Utility: altruism and risk --
Part II. Costs, production and markets --
Cost and production --
The firm in the short run: fixed and variable costs --
Competitive markets in the long run --
Competitive markets: responses to shocks --
Social optima --
Monopoly and monopolistic competition --
Price discrimination --
Oligopoly (including game theory) --
Part III. Input markets, the public sector and international markets --
Present value and discounting --
Wage differences --
Labor market behavior and poverty --
Externalities, public goods and property rights --
Taxes and public expenditures --
International economics --
Glossary.
Responsibility: Daniel S. Hamermesh.
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