Arnold, Roger A. <br/><br/>
Microeconomics /  
by Roger A. Arnold 
 - Fourteenth edition 
 - Boston, MA :   Cengage Learning,   c2023 
 - xx, 566 pages :  colored illustration ;  26 cm 
<br/><br/> Includes glossary and index. 
<br/><br/>An introduction to economics. Economics: the science of scarcity. What economics is about -- Production possibilities frontier framework -- Supply and demand: theory -- Prices: free, controlled, and relative -- Supply, demand, and price: applications -- Microeconomics. Microeconomic fundamentals. Elasticity -- Consumer choice: maximizing utility and behavorial economics -- Production and costs -- Product markets and policies. Perfect competition -- Monopoly -- Monopolistic competition, oligopoly, and game theory -- Governement and product markets: antitrust and regulation -- Factor markets and related issues. Factor markets: with emphasis on the labor market -- Wages, unions, and labor -- The distribution of income and poverty -- Interest, rent, and profit -- Market failure, public choice, and special interest group politics. Market failure: externalities, public goods, and asymmetric information -- Economic theory-building and everyday life. Building theories to explain everyday life: from observations to questions to theories to predicitons -- The global economy. International politics and globalization. International trade -- International finance -- Web chapters. The economic case for and against governement: five topics considered -- Stocks, bonds, futures, and options 
<br/><br/><label>ISBN: </label>978-621-427-101-6 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Microeconomics.
<br/><br/><label>Dewey Class. No.: </label>BFil. 658.3   / C14m