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Economics is a subject you learn by doing. Foundations of Microeconomics breaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus readers' attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares readers to use economics in their lives, regardless of what their future career will be.
Introduction: Getting Started; The U.S. and Global Economies; The Economic Problem; Demand and Supply. A Closer Look at Markets: Elasticities of Demand and Supply; Efficiency and Fairness of Markets. How Governments Influence the Economy: Markets in Action; Taxes; Global Markets in Action; Externalities; Public Goods and Common Resources. A Closer Look at Decision Makers: Consumer Choice and Demand; Production and Cost. Prices, Profits, and Industry Performance: Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly. Incomes, Uncertainty, and Inequality: Demand and Supply in Factor Markets; Uncertainty and Information; Inequality and Poverty.
For all readers interested in microeconomics.
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By T. Thompson (Milwaukee, WI)
Although I had to return this book because it wasn't the right one for the class I was taking, the book still came in great time and in great condition.
By L. Black (NM, USA)
The book isn't too scary, it's the subject matter that you should fear. This book isn't too hard to follow, the terms are fairly defined, though they don't explain all the various charts in collaboration with the homework I have in my class, but it's okay. Book is full color, normal print, layout's nice.
By William Buda
Great service and fast shipping. Will do business again and highly recommended
By Jennifer Daniel (Boise, ID USA)
Fast service, great refrences, and helpfull sudy guide to boost my grades. Overall rating 5 Stars
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