Microeconomics

The third edition of Microeconomics is designed for students who have not previously studied economics. It provides a clear explanation of basic microeconomic principles through analogies, real-world exmaples and user-friendly graphs and illustrations.

Thoroughly updated, while retaining the eonomy of exposition and clarity of purpose that this text is renouwned for, Microeonomics 3rd edition makes extensive use of data and examples to illustrate principles and concepts under discussion

CONTENTS:
Chapter 1 - Microeonomics: key ideas and concepts
Chapter 2 - Scarcity, choice and economic interaction
Chapter 3 - The supply and demand model
Chapter 4 - Elasticity and its importance
Chapter 5 - The demand curve and the behaviour of consumers
Chapter 6 - The supply curve and the behavior of firms
Chapter 7 - A model of competitive markets
Chapter 8 - Costs and the behaviour of firms over time
Chapter 9 - Competitive industries over time
Chapter 10 - Monopoly
Chapter 11 - Product differentiation, monopolistic competition and oligopoly
Chapter 12 - Competition policy and regulation
Chapter 13 - Labour markets
Chapter 14 - The markets for physical and financial capital
Chapter 15 - Taxes, transfers and income distribution
Chapter 16 - Public goods, common resources and externalities
Chapter 17 - The gains from international trade
Chapter 18 - International trade policy