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OverviewThis thoroughly revised edition provides a complete, balanced introduction to microeconomics and to the most important issues facing the world's economies at the turn of the millennium. The new edition examines the following key topics-and more: the use of game theory in the study of firms' behavior the good jobs/bad jobs debate and the deindustrialization of America the antitrust case brought by the Department of Justice against Microsoft the challenges of reforming Social Security U.S. trade policy, especially regarding the importance of NAFTA Chapter 1 introduces the issues of scarcity and choice, surveys national and international trends, and ends with a discussion of the importance and role of economic policy. The case studies in Chapter 6 on rent controls, agricultural price supports, and tariffs are designed to provide practice in applying the tools of price determination and elasticity that are covered in Chapters 4 and 5. Subsequent chapters cover short- and long-run costs, perfect competition, monopolistic competition and oligopoly, factor pricing, factor mobility, labor markets, and government in the market economy. The final three chapters, on taxation, the gains from trade, and trade policy, expand on the basics of microeconomic analysis that are presented throughout the book by providing current illustrations of the relevance of economic theory to contemporary policy situations. Full Product DetailsAuthor: Richard G. Lipsey , Christopher T.S. Ragan , Paul StorerPublisher: Pearson Education (US) Imprint: Pearson Edition: 13th edition Dimensions: Width: 20.20cm , Height: 1.50cm , Length: 25.40cm Weight: 0.794kg ISBN: 9780321369253ISBN 10: 0321369254 Pages: 576 Publication Date: 06 August 2007 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Out of Print Availability: In Print Limited stock is available. It will be ordered for you and shipped pending supplier's limited stock. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |