Principles of microeconomics /

Case, Karl E.

Principles of microeconomics / Karl E. Case, Ray C. Fair. - 8th ed. - Upper Saddle River, N.J. : Pearson, c2007. - xxxii, 458 p. : col. ill. ; 28 cm.

Includes bibliographical references and index.

1. The Scope and Method of Economics -- 2. The Economic Problem: Scarcity and Choice -- 3. Demand, Supply, and Market Equilibrium -- 4. Demand and Supply Applications -- 5. Elasticity -- 6. Household Behavior and Consumer Choice -- 7. The Production Process: The Behavior of profit-Maximizing Firms -- 8. Short-Run Costs and Output Decisions -- 9. Long-Run Costs and Output Decisions -- 10. Input Demand: The Labor and Land Markets -- 11. Input Demand: The Capital Market and the Investment Decision -- 12. General Equilibrium and the Efficiency of Perfect Competition -- 13. Monopoly and Antitrust Policy -- 14. Monopolistic Competition and Oligopoly -- 15. Externalities, Public Goods, Imperfect Information, and Social Choice -- 16. Income Distribution and Poverty -- 17. Public Finance: The Economics of Taxation -- 18. International Trade, Comparative Advantage, and Protectionism -- 19. Globalization -- 20. Economic Growth in Developing and Transitional Economies.

One of the all time best-sellers, this text is widely used because of its careful, streamlined, and intuitive chapter organization. Case & Fair, present a very precise and simplified microeconomic model first, before introducing all the exceptions and subtleties of a more complex economic world. Only after this simplified model is developed, do the authors give a thorough treatment of market imperfections, externalities, public finance, and international economics. (A detailed summary of this approach can be found on the page directly following the inside front cover).

9780131563896 9780135040799 0131563890


Microeconomics.

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