Now revised and updated to reflect critical changes in economic policy since the last edition, Microeconomic Issues Today, Eighth Edition, provides Conservative, Liberal, and Radical interpretations and solutions for seven current microeconomic issues. An instructor's manual with a test bank and discussion questions is available to professors who adopt the text, and PowerPoint downloads are available as teaching aids.
List of Figures and Tables; Preface; Part 1. Introduction; Alternative Economic Philosophies: A Survey of Conservative, Liberal, and Radical Critiques; Part 2. Problems in the Marketplace; Issue 1. Responding to Market Outcomes: Competition or Protection for American Agriculture? Issue 2. Consumer Welfare: Is It Necessary to Protect the Consumer? Issue 3. Dealing with Externalities: How Can We Save the Environment? Issue 4. Imperfect Competition: Is Big Business a Threat or a Boon? Issue 5. Economic Regulation: Which Path: Deregulation or Reregulation? Issue 6. Income Distribution: Does America Have an Income Inequality Problem? Issue 7. Financing Government: What Is a Fair System of Taxation? Part 3. Conclusion; Reprise: The Market Versus Planning and Controls: Which Strategy Works Better? Final Thoughts and Suggested Readings; Index; About the Authors