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Title Principles of microeconomics.
Publication Info. Houston, Texas : Openstax College, Rice University, [2014]
©2014
Location Call No. Status Notes
 Undergraduate Library Reserve Textbooks  HB 172 .P756 2014    CHECKED IN
Description 555 pages : illustrations (chiefly color) ; 28 cm
Note "Revision ME-1-002-RS."
Senior contributing author, Timothy Taylor; senior content expert, Steven A. Greenlaw; senior contributors, Eric Dodge, Cynthia Gamez, Andres Jauregui, Diane Keenan, Dan MacDonald, Amyaz Moledina, Craig Richardson, David Shapiro, Ralph Sonenshine.
Second revision of title: ME-1-002-RS.
Bibliography Includes bibliographical references (pages 479-485) and index.
Contents Welcome to economics! -- Choice in a world of scarcity -- Demand and supply -- Labor and financial markets -- Elasticity -- Consumer choices -- Cost and industry structure -- Perfect competition -- Monopoly -- Monopolistic competition and oligopoly -- Monopoly and antitrust policy -- Environmental protection and negative externalities -- Positive externalities and public goods -- Poverty and economic inequality -- Issues in labor markets : unions, discrimination, immigration -- Information, risk, and insurance -- Financial markets -- Public economy -- International trade -- Globalization and protectionism -- The use of mathematics in principles of economics -- Indifference curves -- Present discounted value.
Summary Principles of Microeconomics covers the scope and sequence for a one-semester economics course. The text also includes many current examples, including; the Keystone Pipeline, Occupy Wall Street, and debates over the minimum wage. The pedagogical choices, chapter arrangements, and learning objective fulfillment were developed and vetted with feedback from educators dedicated to the project. The outcome is a balanced approach to economics and to the theory and application of economics concepts. Current events are treated in a politically-balanced way, as well.
Subject Microeconomics -- Textbooks.
Economics -- United States -- Textbooks.
Added Author Taylor, Timothy, 1960- author.
Greenlaw, Steven A., author.
OpenStax College.
Rice University.
Cover Title Principles of micro-economics
Standard No. 954056348
ISBN 1938168240
9781938168246
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