Microeconomics
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Key Benefit: Hubbard & O'Brien are still keeping it real in the third edition with new and updated coverage that reflects the current state of the economy and the recent financial meltdown.Key Topics:MICROECONOMICS: Economics: Foundations and Models; Trade-offs, Comparative Advantage, and the Market System; Where Prices Come From: The Interaction of Demand and Supply; Economic Efficiency, Government Price Setting, and Taxes; Externalities, Environmental Policy, and Public Goods; Elasticity: The Responsiveness of Demand and Supply; Firms, the Stock Market, and Corporate Governance; Comparative Advantage and the Gains from International Trade; Consumer Choice and Behavioral Economics; Technology, Production, and Costs; Firms in Perfectly Competitive Markets; Monopolistic Competition: The Competitive Model in a More Realistic Setting; Oligopoly: Firms in Less Competitive Markets; Monopoly and Antitrust Policy; Pricing Strategy; The Markets for Labor and Other Factors of Production; The Economics of Information; The Tax System and the Distribution of IncomeMarket: For anyone in business who wants to benefit from understanding the economic forces behind their work.
Part 1: Introduction Chapter 1. Economics: Foundations and Models Chapter 2. Tradeoffs, Comparative Advantage, and the Market System Chapter 3. Where Prices Come From: The Interaction of Demand and Supply Chapter 4. Economic Efficiency, Government Price Setting, and TaxesPart 2: Markets in Action Chapter 5. Externalities, Environmental Policy, and Public Goods Chapter 6. Elasticity: The Responsiveness of Demand and SupplyPart 3: Firms in the Domestic and International Economies Chapter 7. Firms, the Stock Market, & Corporate Governance, and the Stock Market Chapter 8. Comparative Advantage and the Gains from International TradePart 4: Microeconomic Foundations: Consumers and Firms Chapter 9. Consumer Choice and Behavioral Economics Chapter 10. Production, Technology, and CostsPart 5: Market Structure and Firm Strategy Chapter 11. Firms in Perfectly Competitive Markets Chapter 12. Monopolistic Competition: The Competitive Model in a More Realistic Setting Chapter 13. Oligopoly: Firms in Less Competitive Markets Chapter 14. Monopoly and Antitrust Policy Chapter 15. Pricing StrategyPart 6: Markets for Factors of Production Chapter 16. The Markets for Labor and Other Factors of ProductionPart 7: Information, Taxes, and the Distribution of Income Chapter 17. The Economics of Information Chapter 18. Public Choice, Taxes, and the Distribution of Income
