For one semester courses in Introductory Microeconomics and for two semester courses in Principles of Economics. Principles of Microeconomics provides students with the rigor and high-level coverage of both theory and applications. The goal of this text is to show students how many important problems in the modern world can be easily explained with the aid of a few basic ideas. Particularly, the author uses substitution and diminishing marginal values (substitution theory) in consumer theory and comparative advantage and ...
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For one semester courses in Introductory Microeconomics and for two semester courses in Principles of Economics. Principles of Microeconomics provides students with the rigor and high-level coverage of both theory and applications. The goal of this text is to show students how many important problems in the modern world can be easily explained with the aid of a few basic ideas. Particularly, the author uses substitution and diminishing marginal values (substitution theory) in consumer theory and comparative advantage and diminishing marginal product in production theory as the foundation of this text. Using this approach, the author shows why the law of demand implies that consumers will smooth consumption over time, why consumers' surplus exists and how it accounts for public financing of professional sports stadiums. In addition, students will see why comparative advantage implies low-wage countries will trade with high-wage countries. Principles of Microeconomics emphasizes the role of property rights in resource allocations. An entire chapter is also devoted to property rights and transactional costs, covering the Knight road congestion problem with a clear numerical example, as well as the Coase theorem and the problem of public goods.
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Add this copy of Principles of Microeconomics 4th Edition to cart. $3.14, fair condition, Sold by ThriftBooks-Dallas rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published by S & S CUSTOM PUB/GIN PRESS.
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Add this copy of Principles of Microeconomics to cart. $3.98, fair condition, Sold by ThriftBooks-Baltimore rated 4.0 out of 5 stars, ships from Halethorpe, MD, UNITED STATES, published 2012 by Pearson.
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Add this copy of Principles of Microeconomics 4th Edition to cart. $4.00, good condition, Sold by HPB-Red rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2004 by S & S CUSTOM PUB/GIN PRESS.
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Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority!
Add this copy of Principles of Microeconomics to cart. $4.23, fair condition, Sold by Goodwill Books rated 5.0 out of 5 stars, ships from Hillsboro, OR, UNITED STATES, published 2012 by Pearson.
Add this copy of Principles of Microeconomics 4th Edition to cart. $5.00, good condition, Sold by HPB-Red rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2004 by S & S CUSTOM PUB/GIN PRESS.
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Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority!
Add this copy of Principle of Microeconomics to cart. $8.00, very good condition, Sold by Chatt PublicLibraryFoundation rated 4.0 out of 5 stars, ships from Chattanooga, TN, UNITED STATES, published 1999 by Ginn Pr.
