Microeconomics: Principles & Policy

Paperback | October 24, 2008

byWilliam Baumol, Alan Blinder, Marc Lavoie

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Microeconomics: Principles and Policy, 1ce, brings to the Canadian market a strong text that is already widely known and well respected in the U.S. market. The text achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data. Puzzles, issues, and well-developed examples provide a good balance of theory to application.

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Microeconomics: Principles and Policy, 1ce, brings to the Canadian market a strong text that is already widely known and well respected in the U.S. market. The text achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data. Puzzles, issues, and we...

William Jack Baumol was born in the South Bronx, New York on February 22, 1922. He served in the Army during World War II and got a job at the Agriculture Department, where he worked on allocating grain supplies to starving countries. He graduated from City College and enrolled in the London School of Economics in 1947, after initially...

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Format:PaperbackDimensions:544 pages, 10.8 × 8.5 × 0.8 inPublished:October 24, 2008Publisher:Nelson College IndigenousLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0176252541

ISBN - 13:9780176252540

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Table of Contents

About the AuthorsPrefacePart 1: Getting Acquainted with EconomicsChapter 1: What is Economics?Chapter 2: The Economy: Myth and RealityChapter 3: The Fundamental Economic Problem: Scarcity and ChoiceChapter 4: Supply and Demand: An Initial LookPart 2: The Building Blocks of Demand and SupplyChapter 5: Consumer Choice: Individual and Market DemandChapter 6: Demand and ElasticityChapter 7: Production, Inputs, and Cost: Building Blocks for Supply AnalysisChapter 8: Output, Price, and Profit: The Importance of Supply AnalysisChapter 9: Investing in Business: Stocks and BondsPart 3: Markets and the Price SystemChapter 10: The Firm and the Industry Under Perfect CompetitionChapter 11: MonopolyChapter 12: Between Competition and MonopolyChapter 13: Limiting Market Power: Regulation and Competition PolicyPart 4: The Virtues and Limitations of MarketsChapter 14: The Case for the Market System I: The Price MechanismChapter 15: The Shortcomings of the Market SystemChapter 16: The Case for the Market System II: Innovation and GrowthChapter 17: Externalities, the Environment, and Natural ResourcesChapter 18: Taxation and Resource AllocationPart 5: The Distribution of IncomeChapter 19: Pricing the Factors of ProductionChapter 20: Labour: The Human InputGlossary Index