Microeconomics: Australia in the Global Environment, 2nd edition

Published by Pearson (August 14, 2019) © 2020

  • Michael Parkin Emeritus of University of Western Ontario
  • Robin Bade University of Western Ontario
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This is a product designed for students who are taking 2 semester introductory course to economics, split into micro and macroeconomics, who need to understand the principles of economic theory and how it relates to the real world.
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Using this product, students can comprehend key theoretical principles of micro and macroeconomics, and feel confident in how it relates to the real world.

Samples

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Preview a sample chapter from Microeconomics: Australia in the Global Environment >

  • PART 1 INTRODUCTION
  • 1 Getting Started
  • 2 The Australian and Global Economies
  • 3 The Economic Problem
  • 4 Demand and Supply
  • PART 2 A CLOSER LOOK AT MARKETS
  • 5 Elasticities of Demand and Supply
  • 6 Efficiency and Fairness of Markets
  • PART 3 HOW GOVERNMENTS INFLUENCE THE ECONOMY
  • 7 Government Actions in Markets
  • 8 Taxes
  • 9 Global Markets in Action
  • PART 4 MARKET FAILURE AND PUBLIC POLICY
  • 10 Externalities
  • 11 Public Goods and Common Resources
  • PART 5 A CLOSER LOOK AT DECISION MAKERS
  • 12 Consumer Choice and Demand
  • 13 Production and Cost
  • PART 6 PRICES, PROFITS AND INDUSTRY PERFORMANCE
  • 14 Perfect Competition
  • 15 Monopoly
  • 16 Monopolistic Competition
  • 17 Oligopoly
  • PART 7 INCOMES AND INEQUALITY
  • 18 Markets for Factors of Production
  • 19 Economic Inequality

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