Microeconomics: Private & Public Choice

Microeconomics: Private & Public Choice, 17th Edition, is a textbook designed to help students apply microeconomic principles to market economies and political decision-making. Published by Cengage Learning in 2020, the book emphasizes how entrepreneurship functions within competitive markets alongside public choice analysis.

Introductory chapters introduce foundational microeconomic reasoning and use the invisible hand metaphor to illustrate how wealth is generated. The text examines firm and consumer behavior while demonstrating how economic incentives influence political outcomes and national income.

Intended for students connecting economic theory to applied issues, the textbook dispels common economic myths and offers accompanying MindTap digital resources to reinforce course material.