Microeconomics: With Xtra! Access Card FROM THE PUBLISHER
Offering a unique blend of solid theoretical content and student accessibility, this text stands apart with its emphasis on intriguing applications that convey the prevalence of economics in everyday life. By applying economics to phenomenon that students are familiar with and interested in, this book demonstrates like no other text how economic analysis can be applied to virtually anything of interest, thus helping students develop true economic intuition. Additional student-oriented features include a unique active-learning format, an emphasis on developing economic analysis skills, and an outstanding visual program for exhibits and graphs. Content highlights include balanced presentation of major macro theories; a micro presentation that centers around the trilogy of objectives, constraints, and choices; thorough integration of international topics; and fully-integrated Internet features that offer hands-on exercises foe exploring economics on-line. Microeconomics, 5e is also available in a macro split and both micro/macro are in the principles text.
SYNOPSIS
The first section of this text for a first course in economics introduces key concepts in economics, focusing on producing and trading as examples of economic activities within the framework of supply and demand. The second section examines objectives, constraints, and choices in microeconomics, beginning with marginal utility analysis and elasticity and covering the firm, market structures, and microeconomic policies. A final section looks at international trade and finance theory. This sixth edition expands discussion of many areas, and offers emphasis on economic thinking and greater discussion of key economic concepts. Application features have also been updated. The author is affiliated with California State University. Annotation (c)2003 Book News, Inc., Portland, OR