Microeconomics
by Glenn Hubbard, Anthony Patrick O'Brien
9th Edition
Publisher: Pearson
Book Details
| Print ISBN | 9780138101121 |
| eText ISBN | 9780138101107 |
| Publisher | Pearson |
| Publishing Year | 2025 |
| Edition | 9th Edition |
| Language | English |
The textbook Microeconomics, 9th Edition, demonstrates how real businesses make daily decisions using fundamental economic principles. Published by Pearson, the work presents core analytical concepts within practical commercial contexts.
Broad thematic areas include supply and demand dynamics, the foundations of consumer and firm behavior, and competition across diverse market structures. The volume also addresses public policy applications, such as the regulation of externalities and public goods.
Intended to help instructors convey the relevance of economic forces to students, the text highlights contemporary developments across United States and global economies. Fresh business scenarios and policy examples show how microeconomic reasoning applies to commercial decision-making.
Table of Contents
Chapter 1: Economics: Foundations and Models
- • Appendix: Using Graphs and Formulas
Chapter 2: Trade-offs, Comparative Advantage, and the Market System
Chapter 3: Where Prices Come From: The Interaction of Demand and Supply
Chapter 4: Economic Efficiency, Government Price Setting, and Taxes
- • Appendix: Quantitative Demand and Supply Analysis
Chapter 5: Externalities, Environmental Policy, and Public Goods
Chapter 6: Elasticity: The Responsiveness of Demand and Supply
Chapter 7: The Economics of Health Care
Chapter 8: Firms, the Stock Market, and Corporate Governance
- • Appendix: Present Value
- • Online Appendix: Tools to Analyze Firms’ Financial Information
Chapter 9: Comparative Advantage and the Gains from International Trade
Chapter 10: Consumer Choice and Behavioral Economics
- • Appendix: Using Indifference Curves and Budget Lines to Understand Consumer Behavior
Chapter 11: Technology, Production, and Costs
- • Online Appendix: Using Isoquants and Isocost Lines to Understand Production and Cost
Chapter 12: Firms in Perfectly Competitive Markets
Chapter 13: Monopolistic Competition: The Competitive Model in a More Realistic Setting
Chapter 14: Oligopoly: Firms in Less Competitive Markets
Chapter 15: Monopoly and Antitrust Policy
Chapter 16: The Markets for Labor and Other Factors of Production
Chapter 17: Public Choice, Taxes, and the Distribution of Income
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