Microeconomics in context:
Gespeichert in:
| Hauptverfasser: | , , , , , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York
Routledge
2023
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| Ausgabe: | Fifth edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Includes index |
| Beschreibung: | xxxi, 662 Seiten Diagramme |
| ISBN: | 9781032171920 9781032171357 |
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| 245 | 1 | 0 | |a Microeconomics in context |c Neva Goodwin, Jonathan Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, and Mariano Torras |
| 250 | |a Fifth edition | ||
| 264 | 1 | |a New York |b Routledge |c 2023 | |
| 300 | |a xxxi, 662 Seiten |b Diagramme | ||
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| 338 | |b nc |2 rdacarrier | ||
| 500 | |a Includes index | ||
| 650 | 4 | |a Gesellschaft | |
| 650 | 4 | |a Microeconomics | |
| 650 | 4 | |a Microeconomics |x Social aspects | |
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| 700 | 1 | |a Nelson, Julie A. |d 1956- |e Verfasser |0 (DE-588)138941017 |4 aut | |
| 700 | 1 | |a Joshi Rajkarnikar, Pratistha |e Verfasser |0 (DE-588)1177836459 |4 aut | |
| 700 | 1 | |a Roach, Brian A. |e Verfasser |0 (DE-588)171083520 |4 aut | |
| 700 | 1 | |a Torras, Mariano |e Verfasser |0 (DE-588)171757777 |4 aut | |
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Datensatz im Suchindex
| _version_ | 1804184880170401792 |
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| adam_text | Contents List of Figures List of Tables Preface Acknowledgments Sample Course Outlines xv xix xxi xxvii xxix ’ PART I:THE CONTEXT FOR ECONOMIC ANALYSIS 1 0 MICROECONOMICS AND WELL-BEING 3 1 ECONOMIC ACTIVITY IN CONTEXT 20 1. OUR STARTING POINT DISCUSSION QUESTIONS 2. THE GOALS OF AN ECONOMY 2.1 INTERMEDIATE GOALS, FINAL GOALS, AND EXTERNALITIES 2.2 TRADITIONAL ECONOMIC GOALS 2.3 THE GOAL OF WELL-BEING DISCUSSION QUESTIONS 3. THE ISSUES THAT DEFINE ECONOMICS 3.1 THE FOUR ESSENTIAL ECONOMIC ACTIVITIES 3.2 THETHREE BASIC ECONOMIC QUESTIONS DISCUSSION QUESTIONS 4. ECONOMICTRADEOFFS 4.1 SOCIETY S PRODUCTION-POSSIBILITIES FRONTIER 4.2 TRADEOFFS OVERTIME DISCUSSION QUESTIONS 5. MICROECONOMICS IN CONTEXT 5.1 TH E TRADITIONAL ECONOMIC MODEL 5.2 THE CONTEXTUAL APPROACH DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 20 22 22 2 23 24 .26 29 29 29 31 32 32 32 36 38 38 39 40 42 42 43 MARKETSAND SOCIETY 45 1. THETHREE SPHERES OF ECONOMIC ACTIVITY 1.1 THE CORE SPHERE 1.2 THE PUBLIC PURPOSE SPHERE 1.3 THE BUSINESS SPHERE 45 45 47 50 V
CONTENTS 1.4 THE SIZE OF THE THREE SPHERES 1.5 THE INFORMAL SPHERE AND LESS INDUSTRIALIZED COUNTRIES DISCUSSION QUESTIONS 2. THE ROLE OF MARKETS 2.1 THREE DEFINITIONS OF MARKETS 2.2 INSTITUTIONAL REQUIREMENTS OF MARKETS DISCUSSION QUESTIONS 3. TYPES OF MARKETS 3.1 MARKETS DEFINED BY WHAT IS SOLD 3.2 MARKETS DEFINED BY HOW PRICES ARE DETERMINED DISCUSSION QUESTIONS 4. ADVANTAGES AND LIMITATIONS OF MARKETS 4.1 OVERVIEW OF ADVANTAGES AND DISADVANTAGES OF MARKETS 66 4.2 ASSESSING MARKET OUTCOMES DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES PART II: BASIC ECONOMIC ANALYSIS 3 4 SUPPLY AND DEMAND 53 54 56 56 56 58 62 63 63 64 65 66 67 69 69 69 73 75 1. INTRODUCTION TOTHE MICROECONOMIC MARKET MODEL 2. THETHEORY OF SUPPLY 2.1 THE SUPPLY SCHEDULE AND SUPPLY CURVE 2.2 CHANGES IN SUPPLY 2.3 NONPRICE DETERMINANTS OF SUPPLY DISCUSSION QUESTIONS 3. THETHEORY OF DEMAND 3.1 THE DEMANDSCHEDULEAND DEMANDCURVE 3.2 CHANGES IN DEMAND 3.3 NONPRICE DETERMINANTS OF DEMAND DISCUSSION QUESTIONS 4. THETHEORY OF MARKET ADJUSTMENT 4.1 SURPLUS, SHORTAGE, AND EQUILIBRIUM 4.2 MARKET FORCES AND OTHER CONSIDERATIONS 4.3 SHIFTS IN SUPPLY AND DEMAND DISCUSSION QUESTIONS 5. TOPICS IN MARKET ANALYSIS 5.1 REAL-WORLD PRICES 5.2 MARKETS AND EQUITY 5.3 PRECISION VERSUS ACCURACY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 76 77 79 81 82 84 85 85 87 88 90 90 90 93 94 99 99 100 101 102 103 104 104 ELASTICITY 109 1. THE PRICE ELASTICITY OF DEMAND 1.1 PRICE-INELASTIC DEMAND 1.2 PRICE-ELASTIC DEMAND 1.3 MEASURING PRICE ELASTICITY 1.4 TWO EXTREME CASES 110 110 111 112 114 vi
CONTENTS 5 6 1.5 DEMAND CURVES AND ELASTICITY 1.6 ELASTICITY AND REVENUES 1.7 PRICE ELASTICITY OF DEMAND INTHE REAL WORLD DISCUSSION QUESTIONS 2. THE PRICE ELASTICITY OF SUPPLY DISCUSSION QUESTIONS 3. INCOME ELASTICITY OF DEMAND DISCUSSION QUESTIONS 4. INCOME AND SUBSTITUTION EFFECTS OF A PRICE CHANGE DISCUSSION QUESTIONS 5. SHORT-RUN VERSUS LONG-RUN ELASTICITY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 116 120 122 125 125 127 127 129 130 132 132 133 133 134 WELFARE ANALYSIS 138 1. WELFARE ECONOMICS DISCUSSION QUESTIONS 2. CONSUMER SURPLUS 2.1 QUANTIFYING CONSUMER BENEFITS 2.2 CONSUMER SURPLUS AND DEMAND CURVES 2.3 CONSUMER SURPLUS IN AN ENTIRE MARKET DISCUSSION QUESTIONS 3. PRODUCER SURPLUS 3.1 QUANTIFYING PRODUCER BENEFITS 3.2 PRODUCER SURPLUS AND SUPPLY CURVES 3.3 PRODUCER SURPLUS IN AN ENTIRE MARKET DISCUSSION QUESTIONS 4. SOCIAL EFFICIENCY 4.1 MARKET EQUILIBRIUM AND SOCIALEFFICIENCY 4.2 PRICE CEILINGS 4.3 PRICE FLOORS DISCUSSION QUESTIONS 5. POLICY INFERENCES FROM WELFARE ANALYSIS 5.1 LAISSEZ-FAIRE ECONOMICS 5.2 MARKET FAILURE DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 138 140 140 141 143 145 147 147 148 148 151 152 152 153 154 157 159 160 161 162 163 163 164 INTERNATIONAL TRADE AND TRADE POLICY 168 1. GAINS FROM TRADE 1.1 TH E THEORY OF COMPARATIVE ADVANTAGE 1.2 FACTOR PRICE EQUALIZATION 1.3 OTHER BENEFITS OF FREETRADE DISCUSSION QUESTIONS 2. DRAWBACKS OF FREETRADE 2.1 VULNERABILITY AND LOCK-IN 2.2 POWER DIFFERENTIALS 2.3 TRADE ANDTHE ENVIRONMENT 2.4 INEQUALITY AND OTHER SOCIAL IMPACTS OF TRADE DISCUSSION QUESTIONS 3. GLOBALIZATION AND POLICY 3.1
GLOBALIZATION DATA ANDTRENDS 168 170 175 176 177 178 178 179 179 182 184 185 185 vii
CONTENTS 3.2 NATIONAL TRADE POLICIES 3.3 INTERNATIONALTRADE AGREEMENTS 4. CONCLUSION: FREETRADE AND FAIRTRADE DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES APPENDIX:A FORMALTHEORY OF GAINS FROMTRADE 187 191 194 196 196 197 202 205 PART III: ECONOMICS AND SOCIETY 7 8 ECONOMIC BEHAVIOR AND RATIONALITY 207 1. HISTORICAL PERSPECTIVES ON ECONOMIC BEHAVIOR DISCUSSION QUESTIONS . 2. BEHAVIORAL ECONOMICS 2.1 THE ROLE OF CONTEXT IN ECONOMIC DECISIONS 2.2 THE ROLE OFTIME IN ECONOMIC DECISIONS 2.3 THE ROLE OF EMOTIONS IN ECONOMIC DECISIONS 2.4 THE ROLE OF INFLUENTIAL FACTORS 2.5 SELFISHNESS.AND ALTRUISM 2.6 INSIGHTS FROM NEUROECONOMICS DISCUSSION QUESTIONS 3. ECONOMIC BEHAVIOR IN CONTEXTUAL ECONOMICS 3.1 ALTERNATIVES TO MAXIMIZING BEHAVIOR 3.2 THE MODEL OF ECONOMIC BEHAVIOR IN CONTEXTUAL ECONOMICS 4. POLICY INFERENCES FROM OUR MODEL OF ECONOMIC BEHAVIOR 4.1 PREDICTABLE IRRATIONALITY AND NUDGES 4.2 GOVERNMENT POLICY EXAMPLES 4.3 CONCLUDINGTHOUGHTS DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 207 209 209 210 213 214 215 216 218 219 220 220 CONSUMPTION AND THE CONSUMER SOCIETY 222 223 223 225 227 228 228 229 233 1. ECONOMICTHEORY AND CONSUMPTION 234 1.1 CONSUMER SOVEREIGNTY 234 1.2 THE BUDGET LINE 235 1.3 CONSUMER UTILITY 237 1.4 LIMITATIONS OFTHE STANDARD CONSUMER MODEL 239 DISCUSSION QUESTIONS 241 2. CONSUMPTION IN HISTORICAL AND INTERNATIONAL CONTEXT 241 2.1 A BRIEF HISTORY OF CONSUMER SOCIETY 242 2.2 LIMITS TO MODERN CONSUMERISM 244 DISCUSSION QUESTIONS 245 3. CONSUMPTION IN A SOCIAL CONTEXT 246 3.1 SOCIAL COMPARISONS 246 3.2 ADVERTISING 248 3.3 PRIVATE VERSUS PUBLIC CONSUMPTION
250 DISCUSSION QUESTIONS 251 4. CONSUMPTION IN AN ENVIRONMENTAL CONTEXT 251 4.1 THE LINK BETWEEN CONSUMPTION ANDTHE ENVIRONMENT 252 viii
CONTENTS 9 4.2 GREEN CONSUMERISM DISCUSSION QUESTIONS 5. CONSUMPTION AND WELL-BEING 5.1 DOES MONEY BUY HAPPINESS? 5.2 AFFLUENZA AND VOLUNTARY SIMPLICITY 5.3 CONSUMPTION AND PUBLIC POLICY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES APPENDIX: A FORMALTHEORY OF CONSUMER BEHAVIOR 254 255 255 255 259 261 264 264 265 271 MARKETS FOR LABOR 277 1. ECONOMICTHEORY OF LABOR MARKETS 277 1.1 THE FIRM S DECISIONTO HIRE LABOR 278 1.2 THE INDIVIDUALS DECISION TO SUPPLY LABOR 279 1.3 THE INDIVIDUAL SUPPLY CURVE FOR LABOR 281 1.4 THE MARKET SUPPLY CURVE FOR LABOR 283 1.5 MARKET DEMAND CURVES 286 1.6 MARKET ADJUSTMENT 287 DISCUSSION QUESTIONS 288 2. EXPLAINING VARIATIONS IN WAGES 288 2.1 WAGE VARIATIONS IN THE NEOCLASSICAL LABOR MODEL 288 2.2 SOCIAL NORMS, BARGAINING POWER, AND LABOR UNIONS 291 2.3 EFFICIENCY WAGES AND DUAL LABOR MARKETS 293 2.4 DISCRIMINATION 295 DISCUSSION QUESTIONS 300 3. CONTEMPORARY LABOR ISSUES AND POLICIES 300 3.1 LABOR FORCE PARTICIPATION RATES 300 3.2 LABOR MARKET FLEXIBILITY 302 3.3 LABOR MARKETS AND IMMIGRATION 304 3.4 COOPERATIVES 305 3.5 WORK-LIFE BALANCE 307 3.6 LABOR MARKETS, INEQUALITY, AND POWER 309 DISCUSSION QUESTIONS 312 REVIEW QUESTIONS 312 EXERCISES 313 APPENDIX: A FORMAL MODEL OF A FIRM S HIRING DECISION 319 323 PART IV: ESSENTIAL TOPICS FOR CONTEMPORARY ECONOMICS 10 ECONOMIC AND SOCIAL INEQUALITY 325 1. DEFINING AND MEASURING INEQUALITY 1.1 INEQUALITY OF WHAT? 1.2 MEASURING INEQUALITY DISCUSSION QUESTIONS 2. INEQUALITY DATA AND TRENDS IN THE UNITED STATES 2.1 INCOME INEQUALITY OVER TIME IN THE UNITED STATES 333 2.2 WEALTH INEQUALITY 2.3 FURTHER
PERSPECTIVES ON ECONOMIC INEQUALITY 2.4 ECONOMIC MOBILITY 325 326 327 332 333 ix 334 337 339
CONTENTS DISCUSSION QUESTIONS 3. INTERNATIONAL DATA ON INEQUALITY 3.1 CROSS-COUNTRY COMPARISONS 3.2 GLOBAL INEQUALITY DISCUSSION QUESTIONS 4. CAUSES AND CONSEQUENCES OF INEQUALITY 4.1 CAUSES OF INEQUALITY 4.2 INEQUALITY AND ECONOMIC GROWTH DISCUSSION QUESTIONS 5. RESPONDINGTO INEQUALITY 5.1 TAX ANDTRANSFER POLICIES 5.2 MINIMUM WAGE POLICIES 5.3 PUBLIC SPENDING AND REGULATORY POLICIES 5.4 ADDRESSING INEQUALITY IN DEVELOPING AND TRANSITIONAL COUNTRIES 5.5 CONCLUDINGTHOUGHTS DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES , 11 12 X 341 341 341 344 347 347 347 353 354 355 355 358 360 362 363 364 364 365 TAXES AND TAX POLICY 373 1. ECONOMICTHEORY ANDTAXES 1.1 TAXES IN THE SUPPLY-AND-DEMAND MODEL 1.2 TAX REVENUES 1.3 WELFARE ANALYSIS OF TAXATION DISCUSSION QUESTIONS 2. THE STRUCTURE DETAXATION IN THE UNITED STATES 2.1 FEDERAL INCOMETAXES 2.2 FEDERAL SOCIAL INSURANCETAXES 2.3 FEDERAL CORPORATE TAXES 2.4 OTHER FEDERAL TAXES 2.5 STATE AND LOCAL TAXES 2.6 TAXTRENDS IN THE UNITED STATES DISCUSSION QUESTIONS 3. INTERNATIONALTAX SYSTEMS 3.1 ADDITIONAL TYPES OF TAXES VALUE-ADDED TAXES 3.2 WEALTH TAXES 3.3 TAXES ON INTERNATIONAL TRADE 3.4 ENVIRONMENTALTAXES 3.5 INTERNATIONAL DATA ON TAXES DISCUSSION QUESTIONS 4. TAX POLICY ISSUES 4.1 TAX PROGRESSIVITY 4.2 TAXATION AND ECONOMIC GROWTH DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 374 374 377 378 381 381 381 383 384 385 385 386 387 387 387 388 389 389 389 390 392 392 392 398 401 401 402 THE ECONOMICS OF THE ENVIRONMENT 407 1. THE THEORY OF EXTERNALITIES 1.1 NEGATIVE EXTERNALITIES IN THE SUPPLY-AND-DEMAND MODEL 408 408
CONTENTS 13 1.2 INTERNALIZING NEGATIVE EXTERNALITIES 1.3 POSITIVE EXTERNALITIES 1.4 POLICY IMPLICATIONS OF EXTERNALITIES 2. VALUINGTHE ENVIRONMENT 2.1 TOTAL ECONOMIC VALUE 2.2 NONMARKET VALUATION METHODOLOGIES 2.3 COST-BENEFIT ANALYSIS 3. ENVIRONMENTAL POLICIES IN PRACTICE 3.1 POLICY OPTIONS 3.2 DESIGN AND PERFORMANCE OF ENVIRONMENTAL POLICIES 431 REVIEW QUESTIONS EXERCISES APPENDIX: FORMAL ANALYSIS OF NEGATIVE EXTERNALITIES 410 412 413 416 416 418 423 427 427 COMMON PROPERTY RESOURCES AND PUBLIC GOODS 444 1. GOODS OTH ER THAN PRIVATE GOODS DISCUSSION QUESTIONS 2. ARTIFICIALLY SCARCE GOODS DISCUSSION QUESTIONS 3. COMMON PROPERTY RESOURCES 3.1 MODELING A COMMON PROPERTY RESOURCE 3.2 POLICIES FOR COMMON PROPERTY RESOURCE MANAGEMENT DISCUSSION QUESTIONS 4. PUBLIC GOODS DISCUSSION QUESTIONS 5. CLIMATE CHANGE 5.1 CLIMATE CHANGE DATA 5.2 ECONOMIC ANALYSIS OF CLIMATE CHANGE 5.3 CLIMATE CHANGE POLICY 5.4 ECONOMICS OF RENEWABLE ENERGY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 445 447 448 450 450 450 452 454 455 457 458 459 461 463 465 468 468 469 PART V: RESOURCES, PRODUCTION, AND MARKET ORGANIZATION 14 435 436 440 475 CAPITAL STOCKS AND RESOURCE MANAGEMENT 477 1. CAPITAL STOCKS 1.1 STOCKS VERSUS FLOWS 1.2 THE FIVE TYPES OF CAPITAL DISCUSSION QUESTIONS 2. NATURAL CAPITAL 2.1 RENEWABLE AND NONRENEWABLE NATURAL CAPITAL 2.2 NATURAL CAPITAL AND SUSTAINABILITY DISCUSSION QUESTIONS 3. MANUFACTURED CAPITAL 3.1 FIXED MANUFACTURED CAPITAL 3.2 INVENTORIES 3.3 MANUFACTURED CAPITAL IN THE CORE AND PUBLIC PURPOSE SPHERES DISCUSSION QUESTIONS 477 478 480 482 482 482 485 485 486 486 487 487
488 xi
CONTENTS 15 16 4. HUMAN CAPITAL 4.1 PHYSICAL HUMAN CAPITAL 4.2 INTANGIBLE HUMAN CAPITAL DISCUSSION QUESTIONS 5. SOCIAL CAPITAL DISCUSSION QUESTIONS 6. FINANCIAL CAPITAL 6.1 EQUITY FINANCE 6.2 DEBT FINANCE DISCUSSION QUESTIONS 7. SUSTAINING CAPITAL STOCKS REVIEW QUESTIONS EXERCISES 488 489 490 491 491 492 493 493 494 494 495 497 497 PRODUCTION COSTS 500 1. AN OVERVIEW OF PRODUCTION 1.1 THE GOALS OF PRODUCTION 1.2 AN ECONOMIC PERSPECTIVE ON PRODUCTION DISCUSSION QUESTIONS 2. TYPES OF PRODUCTION COSTS 2.1 FIXED VERSUS VARIABLE COSTS 2.2 ACCOUNTING VERSUS ECONOMIC COSTS 2.3 PRIVATE VERSUS EXTERNAL COSTS DISCUSSION QUESTIONS 3. THE PRODUCTION FUNCTION 3.1 THINKING ABOUTINPUTSANDOUTPUTS 3.2 GRAPHING PRODUCTION FUNCTIONS 3.3 PRODUCTION IN TH E SHORT RUN 4. PRODUCTION COSTS 4.1 PRODUCTION COSTS IN THE SHORT RUN 4.2 PRODUCTION COSTS IN THE LONG RUN 4.3 PRODUCTION PROCESS CHOICE DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 500 500 501 502 502 502 503 505 506 506 506 508 509 513 513 517 520 521 521 522 PERFECTLY COMPETITIVE MARKETS 526 1. UNDERSTANDING MARKET POWER AND COMPETITION 526 1.1 THE BUSINESS PERSPECTIVE ON COMPETITION AND MARKET POWER 527 1.2 THE CONSUMER PERSPECTIVE ON COMPETITION AND MARKET POWER 527 1.3 THE CITIZEN PERSPECTIVE ON COMPETITION AND MARKET POWER 528 1.4 THE ECONOMISTS PERSPECTIVE ON COMPETITION AND MARKET POWER 528 DISCUSSION QUESTIONS 529 2. PERFECT COMPETITION 529 2.1 THE CONDITIONS OF PERFECT COMPETITION 529 2.2 EXAMPLES OF PERFECT COMPETITION? 530 DISCUSSION QUESTIONS 532 3. PROFIT MAXIMIZATION UNDER PERFECT COMPETITION 532 3.1 REVENUES 532 3.2 PROFIT
MAXIMIZATION EXAMPLE 533 xii
Contents 17 3.3 PROFITS UNDER PERFECT COMPETITION DISCUSSION QUESTIONS 4. LOSSES AND EXIT 4.1 LOSSES IN THE SHORT RUN 4.2 LOSSES IN THE LONG RUN DISCUSSION QUESTIONS 5. PRODUCTION, EFFICIENCY, AND EQUITY 5.1 PERFECTLY COMPETITIVE MARKETS AND POLICY 5.2 DO FIRMS ACTUALLY MAXIMIZE TH EIR PROFITS? 5.3 MANAGERIALTHEORIES OF FIRM BEHAVIOR 5.4 PROFIT MAXIMIZATION OVERTIME 5.5 GOALS OTHER THAN PROFIT MAXIMIZATION DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES APPENDIX: A FORMAL MODEL OF PERFECT COMPETITION 537 540 540 540 543 543 544 545 545 546 546 548 549 549 550 553 MARKETS WITH MARKET POWER 557 1. TH E TRADITIONAL MODELS 2. MONOPOLY: ONE SELLER 2.1 THE CONDITIONS OF MONOPOLY 2.2 EXAMPLES OF MONOPOLY 2.3 PROFIT MAXIMIZATION FOR A MONOPOLIST 2.4 MONOPOLY AND INEFFICIENCY 2.5 CAN MONOPOLY BE EFFICIENT? DISCUSSION QUESTIONS 3. MONOPOLISTIC COMPETITION 3.1 THE CONDITIONS OF MONOPOLISTIC COMPETITION 3.2 EXAMPLES OF MONOPOLISTIC COMPETITION 3.3 PROFIT MAXIMIZATION WITH MONOPOLISTIC COMPETITION 572 3.4 MONOPOLISTIC COMPETITION AND LONG-RUN EFFICIENCY 574 DISCUSSION QUESTIONS 4. OLIGOPOLY 4.1 MARKET STRUCTURE OF AN OLIGOPOLISTIC INDUSTRY 4.2 OLIGOPOLY AND THE BEHAVIOR OF FIRMS 4.3 EXAMPLES OF OLIGOPOLY DISCUSSION QUESTIONS 5. MARKET POWER, WELL-BEING, AND POLITICS 5.1 MARKET CONCENTRATION AND POLITICS 5.2 FINALTHOUGHTS REVIEW QUESTIONS EXERCISES APPENDIX: FORMAL ANALYSIS OF MONOPOLY AND MONOPOLISTIC COMPETITION 557 558 558 560 561 564 566 571 571 571 572 574 575 575 575 579 580 581 581 584 584 585 588 591 607 Glossary Index xiii
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Contents List of Figures List of Tables Preface Acknowledgments Sample Course Outlines xv xix xxi xxvii xxix ’ PART I:THE CONTEXT FOR ECONOMIC ANALYSIS 1 0 MICROECONOMICS AND WELL-BEING 3 1 ECONOMIC ACTIVITY IN CONTEXT 20 1. OUR STARTING POINT DISCUSSION QUESTIONS 2. THE GOALS OF AN ECONOMY 2.1 INTERMEDIATE GOALS, FINAL GOALS, AND EXTERNALITIES 2.2 TRADITIONAL ECONOMIC GOALS 2.3 THE GOAL OF WELL-BEING DISCUSSION QUESTIONS 3. THE ISSUES THAT DEFINE ECONOMICS 3.1 THE FOUR ESSENTIAL ECONOMIC ACTIVITIES 3.2 THETHREE BASIC ECONOMIC QUESTIONS DISCUSSION QUESTIONS 4. ECONOMICTRADEOFFS 4.1 SOCIETY'S PRODUCTION-POSSIBILITIES FRONTIER 4.2 TRADEOFFS OVERTIME DISCUSSION QUESTIONS 5. MICROECONOMICS IN CONTEXT 5.1 TH E TRADITIONAL ECONOMIC MODEL 5.2 THE CONTEXTUAL APPROACH DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 20 22 22 2 23 24 .26 29 29 29 31 32 32 32 36 38 38 39 40 42 42 43 MARKETSAND SOCIETY 45 1. THETHREE SPHERES OF ECONOMIC ACTIVITY 1.1 THE CORE SPHERE 1.2 THE PUBLIC PURPOSE SPHERE 1.3 THE BUSINESS SPHERE 45 45 47 50 V
CONTENTS 1.4 THE SIZE OF THE THREE SPHERES 1.5 THE INFORMAL SPHERE AND LESS INDUSTRIALIZED COUNTRIES DISCUSSION QUESTIONS 2. THE ROLE OF MARKETS 2.1 THREE DEFINITIONS OF MARKETS 2.2 INSTITUTIONAL REQUIREMENTS OF MARKETS DISCUSSION QUESTIONS 3. TYPES OF MARKETS 3.1 MARKETS DEFINED BY WHAT IS SOLD 3.2 MARKETS DEFINED BY HOW PRICES ARE DETERMINED DISCUSSION QUESTIONS 4. ADVANTAGES AND LIMITATIONS OF MARKETS 4.1 OVERVIEW OF ADVANTAGES AND DISADVANTAGES OF MARKETS 66 4.2 ASSESSING MARKET OUTCOMES DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES PART II: BASIC ECONOMIC ANALYSIS 3 4 SUPPLY AND DEMAND 53 54 56 56 56 58 62 63 63 64 65 66 67 69 69 69 73 75 1. INTRODUCTION TOTHE MICROECONOMIC MARKET MODEL 2. THETHEORY OF SUPPLY 2.1 THE SUPPLY SCHEDULE AND SUPPLY CURVE 2.2 CHANGES IN SUPPLY 2.3 NONPRICE DETERMINANTS OF SUPPLY DISCUSSION QUESTIONS 3. THETHEORY OF DEMAND 3.1 THE DEMANDSCHEDULEAND DEMANDCURVE 3.2 CHANGES IN DEMAND 3.3 NONPRICE DETERMINANTS OF DEMAND DISCUSSION QUESTIONS 4. THETHEORY OF MARKET ADJUSTMENT 4.1 SURPLUS, SHORTAGE, AND EQUILIBRIUM 4.2 MARKET FORCES AND OTHER CONSIDERATIONS 4.3 SHIFTS IN SUPPLY AND DEMAND DISCUSSION QUESTIONS 5. TOPICS IN MARKET ANALYSIS 5.1 REAL-WORLD PRICES 5.2 MARKETS AND EQUITY 5.3 PRECISION VERSUS ACCURACY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 76 77 79 81 82 84 85 85 87 88 90 90 90 93 94 99 99 100 101 102 103 104 104 ELASTICITY 109 1. THE PRICE ELASTICITY OF DEMAND 1.1 PRICE-INELASTIC DEMAND 1.2 PRICE-ELASTIC DEMAND 1.3 MEASURING PRICE ELASTICITY 1.4 TWO EXTREME CASES 110 110 111 112 114 vi
CONTENTS 5 6 1.5 DEMAND CURVES AND ELASTICITY 1.6 ELASTICITY AND REVENUES 1.7 PRICE ELASTICITY OF DEMAND INTHE REAL WORLD DISCUSSION QUESTIONS 2. THE PRICE ELASTICITY OF SUPPLY DISCUSSION QUESTIONS 3. INCOME ELASTICITY OF DEMAND DISCUSSION QUESTIONS 4. INCOME AND SUBSTITUTION EFFECTS OF A PRICE CHANGE DISCUSSION QUESTIONS 5. SHORT-RUN VERSUS LONG-RUN ELASTICITY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 116 120 122 125 125 127 127 129 130 132 132 133 133 134 WELFARE ANALYSIS 138 1. WELFARE ECONOMICS DISCUSSION QUESTIONS 2. CONSUMER SURPLUS 2.1 QUANTIFYING CONSUMER BENEFITS 2.2 CONSUMER SURPLUS AND DEMAND CURVES 2.3 CONSUMER SURPLUS IN AN ENTIRE MARKET DISCUSSION QUESTIONS 3. PRODUCER SURPLUS 3.1 QUANTIFYING PRODUCER BENEFITS 3.2 PRODUCER SURPLUS AND SUPPLY CURVES 3.3 PRODUCER SURPLUS IN AN ENTIRE MARKET DISCUSSION QUESTIONS 4. SOCIAL EFFICIENCY 4.1 MARKET EQUILIBRIUM AND SOCIALEFFICIENCY 4.2 PRICE CEILINGS 4.3 PRICE FLOORS DISCUSSION QUESTIONS 5. POLICY INFERENCES FROM WELFARE ANALYSIS 5.1 LAISSEZ-FAIRE ECONOMICS 5.2 MARKET FAILURE DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 138 140 140 141 143 145 147 147 148 148 151 152 152 153 154 157 159 160 161 162 163 163 164 INTERNATIONAL TRADE AND TRADE POLICY 168 1. GAINS FROM TRADE 1.1 TH E THEORY OF COMPARATIVE ADVANTAGE 1.2 FACTOR PRICE EQUALIZATION 1.3 OTHER BENEFITS OF FREETRADE DISCUSSION QUESTIONS 2. DRAWBACKS OF FREETRADE 2.1 VULNERABILITY AND LOCK-IN 2.2 POWER DIFFERENTIALS 2.3 TRADE ANDTHE ENVIRONMENT 2.4 INEQUALITY AND OTHER SOCIAL IMPACTS OF TRADE DISCUSSION QUESTIONS 3. GLOBALIZATION AND POLICY 3.1
GLOBALIZATION DATA ANDTRENDS 168 170 175 176 177 178 178 179 179 182 184 185 185 vii
CONTENTS 3.2 NATIONAL TRADE POLICIES 3.3 INTERNATIONALTRADE AGREEMENTS 4. CONCLUSION: FREETRADE AND FAIRTRADE DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES APPENDIX:A FORMALTHEORY OF GAINS FROMTRADE 187 191 194 196 196 197 202 205 PART III: ECONOMICS AND SOCIETY 7 8 ECONOMIC BEHAVIOR AND RATIONALITY 207 1. HISTORICAL PERSPECTIVES ON ECONOMIC BEHAVIOR DISCUSSION QUESTIONS . 2. BEHAVIORAL ECONOMICS 2.1 THE ROLE OF CONTEXT IN ECONOMIC DECISIONS 2.2 THE ROLE OFTIME IN ECONOMIC DECISIONS 2.3 THE ROLE OF EMOTIONS IN ECONOMIC DECISIONS 2.4 THE ROLE OF INFLUENTIAL FACTORS 2.5 SELFISHNESS.AND ALTRUISM 2.6 INSIGHTS FROM NEUROECONOMICS DISCUSSION QUESTIONS 3. ECONOMIC BEHAVIOR IN CONTEXTUAL ECONOMICS 3.1 ALTERNATIVES TO MAXIMIZING BEHAVIOR 3.2 THE MODEL OF ECONOMIC BEHAVIOR IN CONTEXTUAL ECONOMICS 4. POLICY INFERENCES FROM OUR MODEL OF ECONOMIC BEHAVIOR 4.1 PREDICTABLE IRRATIONALITY AND NUDGES 4.2 GOVERNMENT POLICY EXAMPLES 4.3 CONCLUDINGTHOUGHTS DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 207 209 209 210 213 214 215 216 218 219 220 220 CONSUMPTION AND THE CONSUMER SOCIETY 222 223 223 225 227 228 228 229 233 1. ECONOMICTHEORY AND CONSUMPTION 234 1.1 CONSUMER SOVEREIGNTY 234 1.2 THE BUDGET LINE 235 1.3 CONSUMER UTILITY 237 1.4 LIMITATIONS OFTHE STANDARD CONSUMER MODEL 239 DISCUSSION QUESTIONS 241 2. CONSUMPTION IN HISTORICAL AND INTERNATIONAL CONTEXT 241 2.1 A BRIEF HISTORY OF CONSUMER SOCIETY 242 2.2 LIMITS TO MODERN CONSUMERISM 244 DISCUSSION QUESTIONS 245 3. CONSUMPTION IN A SOCIAL CONTEXT 246 3.1 SOCIAL COMPARISONS 246 3.2 ADVERTISING 248 3.3 PRIVATE VERSUS PUBLIC CONSUMPTION
250 DISCUSSION QUESTIONS 251 4. CONSUMPTION IN AN ENVIRONMENTAL CONTEXT 251 4.1 THE LINK BETWEEN CONSUMPTION ANDTHE ENVIRONMENT 252 viii
CONTENTS 9 4.2 GREEN CONSUMERISM DISCUSSION QUESTIONS 5. CONSUMPTION AND WELL-BEING 5.1 DOES MONEY BUY HAPPINESS? 5.2 AFFLUENZA AND VOLUNTARY SIMPLICITY 5.3 CONSUMPTION AND PUBLIC POLICY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES APPENDIX: A FORMALTHEORY OF CONSUMER BEHAVIOR 254 255 255 255 259 261 264 264 265 271 MARKETS FOR LABOR 277 1. ECONOMICTHEORY OF LABOR MARKETS 277 1.1 THE FIRM'S DECISIONTO HIRE LABOR 278 1.2 THE INDIVIDUALS DECISION TO SUPPLY LABOR 279 1.3 THE INDIVIDUAL SUPPLY CURVE FOR LABOR 281 1.4 THE MARKET SUPPLY CURVE FOR LABOR 283 1.5 MARKET DEMAND CURVES 286 1.6 MARKET ADJUSTMENT 287 DISCUSSION QUESTIONS 288 2. EXPLAINING VARIATIONS IN WAGES 288 2.1 WAGE VARIATIONS IN THE NEOCLASSICAL LABOR MODEL 288 2.2 SOCIAL NORMS, BARGAINING POWER, AND LABOR UNIONS 291 2.3 EFFICIENCY WAGES AND DUAL LABOR MARKETS 293 2.4 DISCRIMINATION 295 DISCUSSION QUESTIONS 300 3. CONTEMPORARY LABOR ISSUES AND POLICIES 300 3.1 LABOR FORCE PARTICIPATION RATES 300 3.2 LABOR MARKET FLEXIBILITY 302 3.3 LABOR MARKETS AND IMMIGRATION 304 3.4 COOPERATIVES '305 3.5 WORK-LIFE BALANCE 307 3.6 LABOR MARKETS, INEQUALITY, AND POWER 309 DISCUSSION QUESTIONS 312 REVIEW QUESTIONS 312 EXERCISES 313 APPENDIX: A FORMAL MODEL OF A FIRM'S HIRING DECISION 319 323 PART IV: ESSENTIAL TOPICS FOR CONTEMPORARY ECONOMICS 10 ECONOMIC AND SOCIAL INEQUALITY 325 1. DEFINING AND MEASURING INEQUALITY 1.1 INEQUALITY OF WHAT? 1.2 MEASURING INEQUALITY DISCUSSION QUESTIONS 2. INEQUALITY DATA AND TRENDS IN THE UNITED STATES 2.1 INCOME INEQUALITY OVER TIME IN THE UNITED STATES 333 2.2 WEALTH INEQUALITY 2.3 FURTHER
PERSPECTIVES ON ECONOMIC INEQUALITY 2.4 ECONOMIC MOBILITY 325 326 327 332 333 ix 334 337 339
CONTENTS DISCUSSION QUESTIONS 3. INTERNATIONAL DATA ON INEQUALITY 3.1 CROSS-COUNTRY COMPARISONS 3.2 GLOBAL INEQUALITY DISCUSSION QUESTIONS 4. CAUSES AND CONSEQUENCES OF INEQUALITY 4.1 CAUSES OF INEQUALITY 4.2 INEQUALITY AND ECONOMIC GROWTH DISCUSSION QUESTIONS 5. RESPONDINGTO INEQUALITY 5.1 TAX ANDTRANSFER POLICIES 5.2 MINIMUM WAGE POLICIES 5.3 PUBLIC SPENDING AND REGULATORY POLICIES 5.4 ADDRESSING INEQUALITY IN DEVELOPING AND TRANSITIONAL COUNTRIES 5.5 CONCLUDINGTHOUGHTS DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES , 11 12 X 341 341 341 344 347 347 347 353 354 355 355 358 360 362 363 364 364 365 TAXES AND TAX POLICY 373 1. ECONOMICTHEORY ANDTAXES 1.1 TAXES IN THE SUPPLY-AND-DEMAND MODEL 1.2 TAX REVENUES 1.3 WELFARE ANALYSIS OF TAXATION DISCUSSION QUESTIONS 2. THE STRUCTURE DETAXATION IN THE UNITED STATES 2.1 FEDERAL INCOMETAXES 2.2 FEDERAL SOCIAL INSURANCETAXES 2.3 FEDERAL CORPORATE TAXES 2.4 OTHER FEDERAL TAXES 2.5 STATE AND LOCAL TAXES 2.6 TAXTRENDS IN THE UNITED STATES DISCUSSION QUESTIONS 3. INTERNATIONALTAX SYSTEMS 3.1 ADDITIONAL TYPES OF TAXES VALUE-ADDED TAXES 3.2 WEALTH TAXES 3.3 TAXES ON INTERNATIONAL TRADE 3.4 ENVIRONMENTALTAXES 3.5 INTERNATIONAL DATA ON TAXES DISCUSSION QUESTIONS 4. TAX POLICY ISSUES 4.1 TAX PROGRESSIVITY 4.2 TAXATION AND ECONOMIC GROWTH DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 374 374 377 378 381 381 381 383 384 385 385 386 387 387 387 388 389 389 389 390 392 392 392 398 401 401 402 THE ECONOMICS OF THE ENVIRONMENT 407 1. THE THEORY OF EXTERNALITIES 1.1 NEGATIVE EXTERNALITIES IN THE SUPPLY-AND-DEMAND MODEL 408 408
CONTENTS 13 1.2 INTERNALIZING NEGATIVE EXTERNALITIES 1.3 POSITIVE EXTERNALITIES 1.4 POLICY IMPLICATIONS OF EXTERNALITIES 2. VALUINGTHE ENVIRONMENT 2.1 TOTAL ECONOMIC VALUE 2.2 NONMARKET VALUATION METHODOLOGIES 2.3 COST-BENEFIT ANALYSIS 3. ENVIRONMENTAL POLICIES IN PRACTICE 3.1 POLICY OPTIONS 3.2 DESIGN AND PERFORMANCE OF ENVIRONMENTAL POLICIES 431 REVIEW QUESTIONS EXERCISES APPENDIX: FORMAL ANALYSIS OF NEGATIVE EXTERNALITIES 410 412 413 416 416 418 423 427 427 COMMON PROPERTY RESOURCES AND PUBLIC GOODS 444 1. GOODS OTH ER THAN PRIVATE GOODS DISCUSSION QUESTIONS 2. ARTIFICIALLY SCARCE GOODS DISCUSSION QUESTIONS 3. COMMON PROPERTY RESOURCES 3.1 MODELING A COMMON PROPERTY RESOURCE 3.2 POLICIES FOR COMMON PROPERTY RESOURCE MANAGEMENT DISCUSSION QUESTIONS 4. PUBLIC GOODS DISCUSSION QUESTIONS 5. CLIMATE CHANGE 5.1 CLIMATE CHANGE DATA 5.2 ECONOMIC ANALYSIS OF CLIMATE CHANGE 5.3 CLIMATE CHANGE POLICY 5.4 ECONOMICS OF RENEWABLE ENERGY DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 445 447 448 450 450 450 452 454 455 457 458 459 461 463 465 '468 468 469 PART V: RESOURCES, PRODUCTION, AND MARKET ORGANIZATION 14 435 436 440 475 CAPITAL STOCKS AND RESOURCE MANAGEMENT 477 1. CAPITAL STOCKS 1.1 STOCKS VERSUS FLOWS 1.2 THE FIVE TYPES OF CAPITAL DISCUSSION QUESTIONS 2. NATURAL CAPITAL 2.1 RENEWABLE AND NONRENEWABLE NATURAL CAPITAL 2.2 NATURAL CAPITAL AND SUSTAINABILITY DISCUSSION QUESTIONS 3. MANUFACTURED CAPITAL 3.1 FIXED MANUFACTURED CAPITAL 3.2 INVENTORIES 3.3 MANUFACTURED CAPITAL IN THE CORE AND PUBLIC PURPOSE SPHERES DISCUSSION QUESTIONS 477 478 480 482 482 482 485 485 486 486 487 487
488 xi
CONTENTS 15 16 4. HUMAN CAPITAL 4.1 PHYSICAL HUMAN CAPITAL 4.2 INTANGIBLE HUMAN CAPITAL DISCUSSION QUESTIONS 5. SOCIAL CAPITAL DISCUSSION QUESTIONS 6. FINANCIAL CAPITAL 6.1 EQUITY FINANCE 6.2 DEBT FINANCE DISCUSSION QUESTIONS 7. SUSTAINING CAPITAL STOCKS REVIEW QUESTIONS EXERCISES 488 489 490 491 491 492 493 493 494 494 495 497 497 PRODUCTION COSTS 500 1. AN OVERVIEW OF PRODUCTION 1.1 THE GOALS OF PRODUCTION 1.2 AN ECONOMIC PERSPECTIVE ON PRODUCTION DISCUSSION QUESTIONS 2. TYPES OF PRODUCTION COSTS 2.1 FIXED VERSUS VARIABLE COSTS 2.2 ACCOUNTING VERSUS ECONOMIC COSTS 2.3 PRIVATE VERSUS EXTERNAL COSTS DISCUSSION QUESTIONS 3. THE PRODUCTION FUNCTION 3.1 THINKING ABOUTINPUTSANDOUTPUTS 3.2 GRAPHING PRODUCTION FUNCTIONS 3.3 PRODUCTION IN TH E SHORT RUN 4. PRODUCTION COSTS 4.1 PRODUCTION COSTS IN THE SHORT RUN 4.2 PRODUCTION COSTS IN THE LONG RUN 4.3 PRODUCTION PROCESS CHOICE DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES 500 500 501 502 502 502 503 505 506 506 506 508 509 513 513 517 520 521 521 522 PERFECTLY COMPETITIVE MARKETS 526 1. UNDERSTANDING MARKET POWER AND COMPETITION 526 1.1 THE BUSINESS PERSPECTIVE ON COMPETITION AND MARKET POWER 527 1.2 THE CONSUMER PERSPECTIVE ON COMPETITION AND MARKET POWER 527 1.3 THE CITIZEN PERSPECTIVE ON COMPETITION AND MARKET POWER 528 1.4 THE ECONOMISTS' PERSPECTIVE ON COMPETITION AND MARKET POWER 528 DISCUSSION QUESTIONS 529 2. PERFECT COMPETITION 529 2.1 THE CONDITIONS OF PERFECT COMPETITION 529 2.2 EXAMPLES OF PERFECT COMPETITION? 530 DISCUSSION QUESTIONS 532 3. PROFIT MAXIMIZATION UNDER PERFECT COMPETITION 532 3.1 REVENUES 532 3.2 PROFIT
MAXIMIZATION EXAMPLE 533 xii
Contents 17 3.3 PROFITS UNDER PERFECT COMPETITION DISCUSSION QUESTIONS 4. LOSSES AND EXIT 4.1 LOSSES IN THE SHORT RUN 4.2 LOSSES IN THE LONG RUN DISCUSSION QUESTIONS 5. PRODUCTION, EFFICIENCY, AND EQUITY 5.1 PERFECTLY COMPETITIVE MARKETS AND POLICY 5.2 DO FIRMS ACTUALLY MAXIMIZE TH EIR PROFITS? 5.3 MANAGERIALTHEORIES OF FIRM BEHAVIOR 5.4 PROFIT MAXIMIZATION OVERTIME 5.5 GOALS OTHER THAN PROFIT MAXIMIZATION DISCUSSION QUESTIONS REVIEW QUESTIONS EXERCISES APPENDIX: A FORMAL MODEL OF PERFECT COMPETITION 537 540 540 540 543 543 544 545 545 546 546 548 549 549 550 553 MARKETS WITH MARKET POWER 557 1. TH E TRADITIONAL MODELS 2. MONOPOLY: ONE SELLER 2.1 THE CONDITIONS OF MONOPOLY 2.2 EXAMPLES OF MONOPOLY 2.3 PROFIT MAXIMIZATION FOR A MONOPOLIST 2.4 MONOPOLY AND INEFFICIENCY 2.5 CAN MONOPOLY BE EFFICIENT? DISCUSSION QUESTIONS 3. MONOPOLISTIC COMPETITION 3.1 THE CONDITIONS OF MONOPOLISTIC COMPETITION 3.2 EXAMPLES OF MONOPOLISTIC COMPETITION 3.3 PROFIT MAXIMIZATION WITH MONOPOLISTIC COMPETITION 572 3.4 MONOPOLISTIC COMPETITION AND LONG-RUN EFFICIENCY '574 DISCUSSION QUESTIONS 4. OLIGOPOLY 4.1 MARKET STRUCTURE OF AN OLIGOPOLISTIC INDUSTRY 4.2 OLIGOPOLY AND THE BEHAVIOR OF FIRMS 4.3 EXAMPLES OF OLIGOPOLY DISCUSSION QUESTIONS 5. MARKET POWER, WELL-BEING, AND POLITICS 5.1 MARKET CONCENTRATION AND POLITICS 5.2 FINALTHOUGHTS REVIEW QUESTIONS EXERCISES APPENDIX: FORMAL ANALYSIS OF MONOPOLY AND MONOPOLISTIC COMPETITION 557 558 558 560 561 564 566 571 571 571 572 574 575 575 575 579 580 581 581 584 584 585 588 591 607 Glossary Index xiii |
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| author | Goodwin, Neva R. 1944- Harris, Jonathan M. 1948- Nelson, Julie A. 1956- Joshi Rajkarnikar, Pratistha Roach, Brian A. Torras, Mariano |
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| author_facet | Goodwin, Neva R. 1944- Harris, Jonathan M. 1948- Nelson, Julie A. 1956- Joshi Rajkarnikar, Pratistha Roach, Brian A. Torras, Mariano |
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| edition | Fifth edition |
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| id | DE-604.BV048803438 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T21:28:30Z |
| indexdate | 2024-07-10T09:46:22Z |
| institution | BVB |
| isbn | 9781032171920 9781032171357 |
| language | English |
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| physical | xxxi, 662 Seiten Diagramme |
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| publisher | Routledge |
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| spelling | Goodwin, Neva R. 1944- Verfasser (DE-588)170644359 aut Microeconomics in context Neva Goodwin, Jonathan Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, and Mariano Torras Fifth edition New York Routledge 2023 xxxi, 662 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Includes index Gesellschaft Microeconomics Microeconomics Social aspects Mikroökonomie (DE-588)4039225-9 gnd rswk-swf Mikroökonomie (DE-588)4039225-9 s DE-604 Harris, Jonathan M. 1948- Verfasser (DE-588)130583863 aut Nelson, Julie A. 1956- Verfasser (DE-588)138941017 aut Joshi Rajkarnikar, Pratistha Verfasser (DE-588)1177836459 aut Roach, Brian A. Verfasser (DE-588)171083520 aut Torras, Mariano Verfasser (DE-588)171757777 aut Erscheint auch als Online-Ausgabe 978-1-003-25220-7 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=034069529&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Goodwin, Neva R. 1944- Harris, Jonathan M. 1948- Nelson, Julie A. 1956- Joshi Rajkarnikar, Pratistha Roach, Brian A. Torras, Mariano Microeconomics in context Gesellschaft Microeconomics Microeconomics Social aspects Mikroökonomie (DE-588)4039225-9 gnd |
| subject_GND | (DE-588)4039225-9 |
| title | Microeconomics in context |
| title_auth | Microeconomics in context |
| title_exact_search | Microeconomics in context |
| title_exact_search_txtP | Microeconomics in context |
| title_full | Microeconomics in context Neva Goodwin, Jonathan Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, and Mariano Torras |
| title_fullStr | Microeconomics in context Neva Goodwin, Jonathan Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, and Mariano Torras |
| title_full_unstemmed | Microeconomics in context Neva Goodwin, Jonathan Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, and Mariano Torras |
| title_short | Microeconomics in context |
| title_sort | microeconomics in context |
| topic | Gesellschaft Microeconomics Microeconomics Social aspects Mikroökonomie (DE-588)4039225-9 gnd |
| topic_facet | Gesellschaft Microeconomics Microeconomics Social aspects Mikroökonomie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=034069529&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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