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CAIRO BOOKS's Description
Readers learn best when they see a concept applied in the context of examples
they understand. That is why Economics Today is so successful when readers hail
from a wide variety of backgrounds. An abundance of relentlessly current,
news-worthy examples motivate every chapter and reflect the interests of
today’s diverse reader population.
Introduction: The Nature of Economics; Scarcity and the World of Trade-Offs;
Demand and Supply; Extensions of Demand and Supply Analysis; The Public Sector
and Public Choice; Taxes, Transfers, and Public Spending; Dimensions of
Microeconomics: Consumer Choice; Demand and Supply Elasticity; Rents, Profits,
and the Financial Environment of Business; Market Structure, Resource
Allocation, and Regulation: The Firm: Cost and Output Determination; Perfect
Competition; Monopoly; Monopolistic Competition; Oligopoly and Strategic
Behavior; Regulation and Antitrust Policy in a Globalized Economy; Labor
Resources and the Environment: The Labor Market: Demand, Supply, and
Outsourcing; Unions and Labor Market Monopoly Power; Income, Poverty, and
Health Care; Environmental Economics; Global Economics: Comparative Advantage
and the Open Economy; Exchange Rates and the Balance of Payments.
For all readers interested in principles of microeconomics.