Microeconomics 2eISBN-13: 9781408017913 / ISBN-10: 1408017911
Sourced from the second edition of Features
PART 1 Introduction
1 Ten Principles of Economics 2 Thinking Like an Economist 3 Interdependence and the Gains From Trade PART 2 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 3 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 4 The Economics of the Public Sector 10 Externalities 11 Public Goods and Common Resources 12 The Design of the Tax System PART 5 Firm Behaviour and the Organization of Industry 13 The Costs of Production 14 Firms in Competitive Markets 15 Monopoly 16 Monopolistic Competition 17 Oligopoly PART 6 The Economics of Labour Markets 18 The Markets for the Factors of Production 19 Earnings and Discrimination 20 Income Inequality and Poverty PART 7 Topics for Further Study 21 The Theory of Consumer Choice 22 Frontiers of Microeconomics
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Global Economic Watch GEC Resource Center Printed Access CardGlobal Economic Watch GEC Resource Center Printed Access CardISBN/ISSN: 1408017911 The current global economic crisis leaves more and more questions unanswered every day and presents "one of the most teachable moments of the century." South-Western delivers the solution. The Global Economic Crisis Resource Center is an online one-stop shopping location that provides educators with current news, journal articles, videos, podcasts, PowerPoint slides, test questions and much more. To register, please visit http://www.cengage.com/rc/gec. “This is a truly outstanding principles of economics textbook that beautifully marries theory, empirical analysis and policy. The authors do their utmost to relate textbook theory to real-world economics. Up-to-date applications to European economies and elsewhere are plentiful, especially in light of the recent crisis.” Professor Michael Funke, Department of Economics, Hamburg University, Germany “Mankiw and Taylor’s Economics combines theory and cases with a European fl avour like no other textbook on the market. I am positive that students will appreciate the clarity of the concepts. As a lecturer I greatly value the friendly exercises offered to the students and the accompanying teaching material – an excellent textbook!” Professor Philippe Gugler, Faculty of Economics and Social Sciences, University of Fribourg, Switzerland “Mankiw and Taylor is an excellent introductory text for university-level economics. Its highly readable and accessible style provides students with a firm grounding in the underlying principles of the subject, while at the same time supplementing the subject matter with excellent illustrations, case studies and supporting material.” Professor Andrew Henley, School of Business and Economics, Swansea University, UK “This text provides a very accessible route into economics for fi rst-year students. The authors have an engaging writing style and there is comprehensive coverage of economic theory which is always backed up by insightful examples.” Dr Colin Jennings, Strathclyde Business School, University of Strathclyde, UK “I use this academically rigorous and student-friendly textbook in my teaching since its unique application to Europe, the Middle East and Africa renders concepts extremely relevant to my students.” Professor Monal Abdel-Baki, Department of Economics, The American University of Cairo, Egypt
N. Gregory Mankiw
N. Gregory Mankiw is Professor of Economics at Harvard University. He has taught macroeconomics, microeconomics, statistics, and principles of economics. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals such as the AMERICAN ECONOMIC REVIEW, JOURNAL OF POLITICAL ECONOMY, and QUARTERLY JOURNAL OF ECONOMICS and in more widely accessible forums including THE NEW YORK TIMES, THE WASHINGTON POST, THE WALL STREET JOURNAL, and FORTUNE. In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005, he served as chairman of the President's Council of Economic Advisers. In addition, he maintains a very popular blog for students of economics at http://www.gregmankiw.blogspot.com. Mark P. Taylor Mark P. Taylor is Professor of Economics at the University of Warwick. He obtained his first degree in philosophy, politics and economics from Oxford University. He then worked as a foreign exchange dealer in London for two years while simultaneously studying part-time for a master¿s degree in economics at London University, from where he also holds a doctorate in economics. Professor Taylor has taught economics at various universities (including Warwick, Oxford, Marseille and New York), at various levels (from principles courses to advanced graduate and MBA courses) and in various fields (including macroeconomics, microeconomics and econometrics). He also worked for several years as a senior economist at the International Monetary Fund and before that at the Bank of England. His work has been extensively published in scholarly journals, such as the Journal of Political Economy and the Economic Journal, and he is today one of the most highly cited economists in the world in economic research. In addition, Professor Taylor has acted as an advisor to the International Monetary Fund, the World Bank, the Bank of England, the European Commission and to senior members of the UK government. He is a research fellow of the Centre for Economic Policy Research, a member of council of the Royal Economic Society, and a fellow of both the Royal Statistical Society and the Royal Society of Arts. Professor Taylor lives (with his wife and three children and his three dogs named Byron, Shelley and Aphra) near Kenilworth, Warwickshire (where he collects clocks and keeps bees). |
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