Readers learn how to apply microeconomic concepts to the world around them as MICROECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This highly readable, up-to-date book analyzes and explains measures of economic activity in today’s market. It also highlights the recession of 2008-2009 and takes an in-depth look at the lives and contributions of notable economists. This engaging book dispels common economic myths. The book also uses the invisible hand metaphor to explain economic theory, demonstrating how it works to stimulate the economy. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
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The book presents a vigorous treatment of all relevant introductory microeconomic concepts. The book also emphasizes on modern economics — game theory and imperfect markets.
Microeconomics: Theory & Applications, 13th Edition teaches students how fundamental tools of analysis are used explain and predict market phenomena.
BY ROBERT L. ROSE A penny saved is a penny earned . Usually . Take the case of Grace Capetillo , a thirty - six - year - old mother with a true talent for parsimony . To save on clothing , Ms. Capetillo dresses herself plainly in thrift ...
This is a book on applied microeconomics.
This book helps readers to think like an economist.
This book shows, from start to finish, how microeconomics can and should be used in the analysis of public policy problems.
In this book Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures.
The text closes with a chapter that presents the cost efficiency and best process methods, which are used to determine the right combination of labor, capital, and land equipment to determine maximum output and minimal costs.
The other officers of your hall will tell you how many videos they would like to rent during the year. ... You can choose from the same three plans (A, B, and C) available in Problem 1.14. a) Which plan would you select if your ...