Modern Principles of Microeconomics (3rd Revised edition)

Modern Principles of Microeconomics (3rd Revised edition)

By: Tyler Cowen (author)Paperback

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Description

Engaging and provocative writing, as well as a knack for revealing the invisible hand of economics at work have made Cowen and Tabarrok s" Modern Principles of Economics" a singularly distinctive and effective textbook for the principles course. The thoroughly updated new edition of Modern Principles again draws on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life just as the authors do in their wildly successful blog, marginalrevolution.com.Pioneers in teaching economics online, the authors have created a series of videos that are clever, to the point, and will help students better understand key economic concepts. These breakthrough videos are integrated in a dedicated version of Worth s new online course space, LaunchPad See Contents for LaunchPad"

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About Author

Tyler Cowen Holbert C. Harris Professor of Economics at George Mason University, USA, and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. Alex Tabarrok Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University and director of research for The Independent Institute. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution.

Contents

1. The Big Ideas 2. The Power of Trade and Comparative Advantage 3. Supply and Demand 4. Equilibrium: How Supply and Demand Determine Prices 5. Elasticity and its Applications 6. Taxes and Subsidies 7. The Price System: Signals, Speculation and Prediction 8. Price Ceilings and Price Floors 9. International Trade 10. Externalities: When the Price Is Not Right 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. The Economics of Network Goods: Competing for Monopoly 17. Monopolistic Competition and Advertising 18. Labor Markets 19. Public Goods and the Tragedy of the Commons 20. Political Economy and Public Choice 21. Economics, Ethics and Public Policy 22. Managing Incentives 23. Stock Markets and Personal Finance 24. Asymmetric Information 25. Consumer Choice

Product Details

  • publication date: 26/05/2015
  • ISBN13: 9781429278416
  • Format: Paperback
  • Number Of Pages: 900
  • ID: 9781429278416
  • weight: 1044
  • ISBN10: 1429278412
  • edition: 3rd Revised edition

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