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ISBN10: 1265444315 | ISBN13: 9781265444310
* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.
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POLICY-ORIENTED RELEVANCY, READABILITY, RELIABLILITY
The Micro Economy Today has long been recognized as the most policy-oriented introduction to economics. The text begins by depicting the President of the United States as the “Economist in Chief” and mentions some of the policy decisions he confronts. Every chapter emphasizes that theme by highlighting and analyzing policy issues. Every edition continues to be updated to present the latest, most pressing policy issues.
The 17th edition is no exception, filled with the latest in economic trends, policy, and data, as well as examples using topics ripped from today’s headlines that will resonate with students and help them connect concepts they’re learning to the real-world and deepen their understanding in a way that they can relate to and is meaningful. The relevancy and readability of the 17th edition are reinforced with a variety of unique features, all-new questions and problems and robust integration with Connect. The authors have worked to ensure The Micro Economy Today is tightly integrated with the adaptive digital tools and dynamic interactive resources available in Connect. Connect is proven to increase student engagement and success. For professors, there is also an updated instructor guide to bring new ideas to your course, no matter the format.
Chapter 1: Economics: The Core Issues
Appendix: Using Graphs
Chapter 2: The U.S. Economy: A Global View
Chapter 3: Supply and Demand
Chapter 4: The Role of Government
PART 2: PRODUCT MARKETS: THE BASICS
Chapter 5: Consumer Choice
Appendix: Indifference Curves
Chapter 6: Elasticity
Chapter 7: The Costs of Production
PART 3: MARKET STRUCTURE
Chapter 8: The Competitive Firm
Chapter 9: Competitive Markets
Chapter 10: Monopoly
Chapter 11: Oligopoly
Chapter 12: Monopolistic Competition
PART 4: REGULATORY ISSUES
Chapter 13: Natural Monopolies: (De)Regulation?
Chapter 14: Environmental Protection
Chapter 15: The Farm Problem
PART 5: FACTOR MARKETS: BASIC THEORY
Chapter 16: The Labor Market
Chapter 17: Labor Unions
Chapter 18: Financial Markets
PART 6: DISTRIBUTIONAL ISSUES
Chapter 19: Taxes: Equity Versus Efficiency
Chapter 20: Transfer Payments: Welfare and Social Security
PART 7: INTERNATIONAL ECONOMICS
Chapter 21: International Trade
Chapter 22: International Finance
Chapter 23: Global Poverty
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