Microeconomics: explore & Apply
Material type:
TextSeries: Prentice-Hall series in economicsPublication details: New Jersey: Pearson, 2004. Description: 455 p.; 25 cmISBN: 0-13-101617-2 (pbk.)Subject(s): MicroeconomicsDDC classification: 338.5 AYE Summary: [In this book, the authors] emphasize incentives and choice, the foundations for a vibrant market economy. Part 1 ... covers the goals of economics, various economic systems, production possibilities, comparative advantage, demand and supply, market efficiency, and price controls. Part 2 ... covers elasticity, consumer behavior, and how firms make production decisions. Part 3 ... covers the market structures of pure competition, monopoly, oligopoly, and monopolistic competition. Part 4 ... shows that input markets also have their structures, with the labor market of particular significance to earnings. Part 5 ... shows how markets can fail to achieve efficiency, and how government actions can help remedy these failures. Since government actions can also be inefficient, [the authors also examine the] economic incentives in the public choice process.-Pref
| Item type | Current library | Call number | Copy number | Status | Date due | Barcode |
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Book
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Teaching & Research Resource Centre - 1 - Economics, Mathematics and Statistics | 338.5 AYE (Browse shelf(Opens below)) | 1 | Available | M-77837 |
Originally published: Upper Saddle River, N.J. : Pearson/Prentice Hall, ©2005. Enhanced ed
This book is part of the modular book, Economics : explore & apply / Ronald M. Ayers, Robert A. Collinge. Enhanced ed. Upper Saddle River, N.J. : Pearson/Prentice Hall, ©2005
Includes Index.
[In this book, the authors] emphasize incentives and choice, the foundations for a vibrant market economy. Part 1 ... covers the goals of economics, various economic systems, production possibilities, comparative advantage, demand and supply, market efficiency, and price controls. Part 2 ... covers elasticity, consumer behavior, and how firms make production decisions. Part 3 ... covers the market structures of pure competition, monopoly, oligopoly, and monopolistic competition. Part 4 ... shows that input markets also have their structures, with the labor market of particular significance to earnings. Part 5 ... shows how markets can fail to achieve efficiency, and how government actions can help remedy these failures. Since government actions can also be inefficient, [the authors also examine the] economic incentives in the public choice process.-Pref
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