UNDERSTANDING MICROECONOMICS GWARTNEY J.D. Bankowa.pl

Understanding Microeconomics

Understanding Microeconomics, 14/e, International Edition" reflects current economic conditions, enabling students to apply economic concepts to the world around them.

The up-to-date text includes analysis and explanation of measures of economic activity in today's market. It also includes highlights of the recession of 2008-2009, and an in-depth look at the lives and contributions of notable economists.

"Understanding Microeconomics, 14/e, International Edition" dispels common economic myths. The text uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. The 14th edition includes a robust set of online multimedia learning tools. Tutorials, analyses and quizzes are designed to support classroom work and increase student performance.

Table of Contents

Part I: THE ECONOMIC WAY OF THINKING.

1. The Economic Approach.

2. Some Tools of the Economist.

Part II: MARKETS AND GOVERNMENT.

3. Supply, Demand, and the Market Process.

4. Supply and Demand: Applications and Extensions.

5. Difficult Cases for the Market, and the Role of Government.

6. The Economics of Collective Decision Making.

Part III: CORE MICROECONOMICS.

7. Consumer Choice and Elasticity.

8. Costs and the Supply of Goods.

9. Price Takers and the Competitive Process.

10. Price-Searcher Markets with Low Entry Barriers.

11. Price-Searcher Markets with High Entry Barriers.

12. The Supply of and Demand for Productive Resources.

13. Earnings, Productivity, and the Job Market.

14. Investment, the Capital Market, and the Wealth of Nations.

15. Income Inequality and Poverty.

Part IV: INTERNATIONAL ECONOMICS.

16. Gaining from International Trade.

Part V: APPLYING THE BASICS: SPECIAL TOPICS IN ECONOMICS. (subject to change)

Special Topic 1 Government Spending and Taxation.

Special Topic 2 The Internet: How Is It Changing the Economy?

Special Topic 3 The Economics of Social Security.

Special Topic 4 The Stock Market: Its Function, Performance, and Potential as an Investment Opportunity.

Special Topic 5 The Crisis of 2008: Causes and Lessons for the Future.

Special Topic 6 Lessons from the Great Depression.

Special Topic 7 The Economics of Health Care.

Special Topic 8 School Choice: Can It Improve the Quality of Education in America?

Special Topic 9 Earnings Differences between Men and Women.

Special Topic 10 Do Labor Unions Increase the Wages of Workers?

Special Topic 11 Are We Running Out of Resources?

Special Topic 12 Difficult Environmental Cases and the Role of Government.

Appendix A General Business and Economics Indicators for the United States.

Appendix B Answers to Selected Critical Analysis Questions.

250 pages, Paperback

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