Ebook Principles of Microeconomics 12e by Case, Fair, Oster (Global Edition)


Principles of Microeconomics
12th Edition (Global Edition)
by Karl E. Case • Ray C. Fair • Sharon M. Oster
Copyright © 2017
Pe*rson Educ*tion / Pr*ntice Hall
PDF 34.24 MB

Table of contents
PArT I Introduction To Economics 35
1 The Scope and Method of Economics 35
2 The Economic Problem: Scarcity and Choice 56
3 Demand, Supply, and Market Equilibrium 76
4 Demand and Supply Applications 106
5 Elasticity 123

PArT II The Market System 143
6 Household Behavior and Consumer Choice 146
7 The Production Process: The Behavior of Profit-Maximizing Firms 175
8 Short-Run Costs and Output Decisions 198
9 Long-Run Costs and Output Decisions 219
10 Input Demand: The Labor and Land Markets 243
11 Input Demand: The Capital Market and the Investment Decision 259
12 General Equilibrium and the Efficiency of Perfect Competition 282

PArT III Market Imperfections and the Role of Government 297
13 Monopoly and Antitrust Policy 297
14 Oligopoly 322
15 Monopolistic Competition 344
16 Externalities, Public Goods, and Common Resources 360
17 Uncertainty and Asymmetric Information 383
18 Income Distribution and Poverty 398
19 Public Finance: The Economics of Taxation 422

PArT IV The World Economy 444
20 International Trade, Comparative Advantage, and Protectionism 444
21 Economic Growth in Developing Economies 468

PArT V Methodology 485
22 Critical Thinking about Research 485

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