Modern Principles of Microeconomics by Cowen Tyler - Paperback

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ISBN
9781429278416
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Product Identifiers

Publisher
Worth Publishers, Incorporated
ISBN-10
1429278412
ISBN-13
9781429278416
eBay Product ID (ePID)
208626707

Product Key Features

Number of Pages
576 Pages
Language
English
Publication Name
Modern Principles: Microeconomics
Subject
Economics / Microeconomics
Publication Year
2014
Features
Revised
Type
Textbook
Author
Tyler Cowen, Alex Tabarrok
Subject Area
Business & Economics
Format
Trade Paperback

Dimensions

Item Height
1 in
Item Weight
41.8 Oz
Item Length
10.8 in
Item Width
8.5 in

Additional Product Features

Edition Number
3
Intended Audience
College Audience
LCCN
2014-952565
Dewey Edition
23
Illustrated
Yes
Dewey Decimal
338.5
Edition Description
Revised edition
Table Of Content
Preface 1. The Big Ideas in Economics 2. The Power of Trade and Comparative Advantage Part 1: Supply and Demand 3. Supply and Demand 4. Equilibrium: How Supply and Demand Determine Prices 5. Elasticity and Its Applications 6. Taxes and Subsidies Part 2: The Price System 7. The Price System: Signals, Speculation, and Prediction 8. Price Ceilings and Floors 9. International Trade 10. Externalities: When the Price Is Not Right Part 3: Firms and Factor Markets 11. Costs and Profit Maximization under Competition 12. Competition and the Invisible Hand 13. Monopoly 14. Price Discrimination and Pricing Strategy 15. Oligopoly and Game Theory 16. Competing for Monopoly: The Economics of Network Goods 17. Monopolistic Competition and Advertising 18. Labor Markets Part 4: Government 19. Public Goods and the Tragedy of the Commons 20. Political Economy and Public Choice 21. Economics, Ethics, and Public Policy Part 5: Decision Making for Businesses, Investors, and Consumers 22. Managing Incentives 23. Stock Markets and Personal Finance 24. Asymmetric Information: Moral Hazard and Adverse Selection 25 Consumer Choice Part 6: Economic Growth 26 GDP and the Measurement of Progress 27 The Wealth of Nations and Economic Growth 28 Growth, Capital Accumulation, and the Economics of Ideas: Catching Up vs. the Cutting Edge 29 Saving, Investment, and the Financial System Part 7: Business Fluctuations 30 Unemployment and Labor Force Participation 31 Inflation and the Quantity Theory of Money 3. Business Fluctuations: Aggregate Demand and Supply 33. Transmission and Amplification Mechanisms Part 8: Macroeconomic Policy and Institutions 34. The Federal Reserve System and Open Market Operations 35. Monetary Policy 36. The Federal Budget: Taxes and Spending 37. Fiscal Policy Part 9: International Economics 38 International Finance APPENDIX A Reading Graphs and Making Graphs APPENDIX B Solutions to Check Yourself Glossary G-1 References R-1 Index I-1
Synopsis
The title, Modern Principles, refers to a progressive approach to economic modeling and applications that allows for more realistic interpretation of today's world events. Mirroring the authors' successful blog, the text eschews boxed features to focus on the writing behind compelling examples, key concepts, and applications. An emphasis on incentives underscores how economics is about human behavior and how economics helps us understand why we do what we do (in other words, the decisions we make in the face of incentives in the real world). Covers of the franchise titles feature multiple hands to emphasize the power of the Invisible Hand, a key economic concept that refers to the power of incentives (and was coined by Adam Smith). Also Available: Updated 4th Edition, Engaging authors, unbiased presentations of essential ideas, and a knack for revealing the 'invisible hand' of economics at work inform the thoroughly updated new edition of Modern Principles, drawing on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life., The title, Modern Principles, refers to a progressive approach to economic modeling and applications that allows for more realistic interpretation of today's world events. Mirroring the authors' successful blog, the text eschews boxed features to focus on the writing behind compelling examples, key concepts, and applications. An emphasis on incentives underscores how economics is about human behavior and how economics helps us understand why we do what we do (in other words, the decisions we make in the face of incentives in the real world). Covers of the franchise titles feature multiple hands to emphasize the power of the Invisible Hand, a key economic concept that refers to the power of incentives (and was coined by Adam Smith).
LC Classification Number
HB172

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