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Principles of Microeconomics: Australia and New Zealand Edition

by: Joshua Gans | Stephen King | Martin Byford | N. Gregory Mankiw

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Retail Price: $144.95

Publisher: Cengage Learning,01.08.14

Category: ECONOMICS Level: B/I/A

ISBN: 0170248526
ISBN13: 9780170248525

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Principles of Microeconomics 6th edition caters for a single semester introductory unit in Microeconomics. The latest edition of this text continues to focus on important concepts and analyses necessary for students in an introductory economics course. In keeping with the authors' philosophy of showing students the power of economic tools and the importance of economic ideas, this edition pays careful attention to regional and global policies and economic issues, such as climate change and resource taxation. Accompanied by CourseMate, comprising flashcards, graphing workshops, games, quizzes, videos. Access to Search me! referring students to the online Search me! database. Aplia is available with this text.

Table of Contents

Part I: Introduction
1. Ten lessons from economics
2. Thinking like an economist
3. Interdependence and the gains from trade

Part I: Supply and demand I: how markets work
4. The market forces of supply and demand
5. Elasticity and its application
6. Supply, demand and government policies

Part III: Supply and demand II: markets and welfare
7. Consumers, producers and the efficiency of markets
8. Application: the costs of taxation
9. Application: international trade

Part IV: The economics of the public sector
10. Externalities
11. Public goods and common resources
12. The design of the tax system

Part V: Firm behaviour and the organisation of industry
13. The costs of production
14. Firms in competitive markets
15. Monopoly
16. Business strategy
17. Competition policy
18. Monopolistic competition

Part VI: The economics of labour markets
19. The markets for the factors of production
20. Earnings, unions and discrimination
21. Income inequality and poverty

Part VII: Topics for further study
22. The theory of consumer choice
23. Frontiers of microeconomics