Description
Book SynopsisMaster current microeconomic concepts with the most reader-friendly microeconomics text available -- MICROECONOMICS FOR TODAY, 11E by national award-winning author Irvin Tucker. No matter what your current level of microeconomic understanding, this edition provides an interesting writing style, unique presentation and visual learning system with helpful, colorful graphs that clarify important microeconomic principles and effectively explain the latest developments.Rather than presenting a confusing array of microeconomic analyses for you to memorize, this edition demonstrates how to apply basic microeconomic principles in daily life and recognize microeconomic concepts at work in today's news. You study the latest information on economic growth, income distribution, environmental issues and other emerging developments in microeconomics. Learning tools, road maps and corresponding interactive, digital MindTap resources with videos, tutorials and practice exercises immediately reinforce
Table of ContentsPart I: INTRODUCTION TO ECONOMICS. 1. Introducing the Economic Way of Thinking. Appendix: Applying Graphs to Economics. 2. Production Possibilities, Opportunity Cost, and Economic Growth. Part II: MICROECONOMIC FUNDAMENTALS. 3. Market Demand and Supply. Appendix: Consumer Surplus, Producer Surplus, and Market Efficiency. 4. Markets in Action. Appendix: Applying Supply and Demand Analysis to Health Care. 5. Price Elasticity of Demand and Supply. 6. Consumer Choice Theory. Appendix: Indifference Curve Analysis. 7. Production Costs. Part III. MARKET STRUCTURES. 8. Perfect Competition. 9. Monopoly. 10. Monopolistic Competition and Oligopoly. 11. Labor Markets. Part IV: MICROECONOMIC POLICY ISSUES. 12. Income Distribution, Poverty, and Discrimination. 13. Antitrust and Regulation. 14. Environmental Economics. V. THE INTERNATIONAL ECONOMY. 15. International Trade and Finance. 16. Economies in Transition. 17. Growth and the Less-Developed Countries. Appendix A: Answers to Odd-Numbered Study Questions and Problems. Appendix B: Answers to Sample Quizzes. Appendix C: Answers to Road Map Questions. Glossary. Index.
