Overview

For the two-semester course in Principles of Microeconomics. An Introduction to the Functioning of the Economy and the Power and Breadth of Economics Reviewers tell us that Case/Fair/Oster is one of the all-time bestselling Principles of Economics texts because they trust it to be clear, thorough, and complete. Readers of Principles of Microeconomics, Twelfth Edition, Global Edition, come away with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of things they do poorly. With the latest research and added exercises, students begin to learn the art and science of economic thinking and start to look at some policy and even personal decisions in a different way. MyEconLab not included. Students, if MyEconLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyEconLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. Also Available with MyEconLab This title is also available with MyEconLab an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.

Full Product Details

Author:   Karl Case ,  Ray Fair ,  Sharon Oster
Publisher:   Pearson Education Limited
Imprint:   Pearson Education Limited
Edition:   13th edition
Dimensions:   Width: 21.60cm , Height: 1.80cm , Length: 27.50cm
Weight:   1.041kg
ISBN:  

9781292303390

ISBN 10:   1292303395
Pages:   528
Publication Date:   09 August 2019
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In stock  
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Table of Contents

PART I: INTRODUCTION TO ECONOMICS 1. The Scope and Method of Economics 2. The Economic Problem: Scarcity and Choice 3. Demand, Supply, and Market Equilibrium 4. Demand and Supply Applications PART II: THE MARKET SYSTEM 6. Household Behavior and Consumer Choice 7. The Production Process: The Behavior of Profit-Maximizing Firms 8. Short-Run Costs and Output Decisions 9. Long-Run Costs and Output Decisions 10. Input Demand: The Labor and Land Markets 11. Input Demand: The Capital Market and the Investment Decision 12. General Equilibrium and the Efficiency of Perfect Competition PART III: MARKET IMPERFECTIONS AND THE ROLE OF GOVERNMENT 13. Monopoly and Antitrust Policy 14. Oligopoly 15. Monopolistic Competition 16. Externalities, Public Goods, and Common Resources 17. Uncertainty and Asymmetric Information 18. Income Distribution and Poverty 19. Public Finance: The Economics of Taxation PART IV: THE WORLD ECONOMY 20. International Trade, Comparative Advantage, and Protectionism 21. Economic Growth in Developing Economies PART V: METHODOLOGY 22. Critical Thinking about Research

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