Microeconomics
by Daron Acemoglu, David Laibson, John A. List
3rd Edition
Publisher: Pearson
Book Details
| Print ISBN | 9780135798614 |
| eText ISBN | 9780135794319 |
| Publisher | Pearson |
| Publishing Year | 2022 |
| Edition | 3rd Edition |
| Language | English |
Microeconomics, 3rd Edition, is a Pearson textbook that examines human decision-making and modern economic conditions. The text organizes its analytical approach around three central themes: optimization, equilibrium, and empiricism to show how basic economic concepts explain everyday occurrences.
Broad subject areas include the mechanics of supply and demand, the incentives that guide consumers and producers, and the impact of public policy and regulation. The volume also examines various market structures and investigates how individuals evaluate risk, time, and strategic interdependence.
To help readers apply economic principles to their daily decisions, each chapter introduces an empirical question that is subsequently addressed through data analysis in the Evidence-Based Economics feature.
Table of Contents
PART 1: INTRODUCTION TO ECONOMICS
Chapter 1: The Principles and Practice of Economics
Chapter 2: Economic Science: Using Data and Models to Understand the World
Chapter 3: Optimization: Trying to Do the Best You Can
Chapter 4: Demand, Supply, and Equilibrium
PART 2: FOUNDATIONS OF MICROECONOMICS
Chapter 5: Consumers and Incentives
Chapter 6: Sellers and Incentives
Chapter 7: Perfect Competition and the Invisible Hand
Chapter 8: Trade
Chapter 9: Externalities and Public Goods
Chapter 10: The Government in the Economy: Taxation and Regulation
Chapter 11: Markets for Factors of Production
PART 3: MARKET STRUCTURE
Chapter 12: Monopoly
Chapter 13: Game Theory and Strategic Play
Chapter 14: Oligopoly and Monopolistic Competition
PART 4: EXTENDING THE MICROECONOMIC TOOLBOX
Chapter 15: Trade-offs Involving Time and Risk
Chapter 16: The Economics of Information
Chapter 17: Auctions and Bargaining
Chapter 18: Social Economics
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