(eBook PDF) Principles Of Microeconomics 3rd edition by Robert Frank – Digital Ebook – Instant Delivery Download
Product details:
- ISBN-10 : 0073193984
- ISBN-13 : 978-0073193984
- Author: Robert H. Frank, Sarah Jennings, Ben Bernanke
Principles of Microeconomics, 7th Edition, provides a deeper understanding of economics by eliminating overwhelming detail and focusing on seven core principles that are reinforced and illustrated through the text.With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become “economic ” people who employ basic economic principles to understand and explain what they observe in the world around them.With new videos and interactive graphs alongside SmartBook’s adaptive reading experience, the 7th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics.
Table contents:
Part 1 Core principles of economics
1. Thinking as an economist
2. Comparative advantage: The basis for trade
3. Supply and demand: An introduction
Part 2 Competition and the invisible hand
4. Elasticity
5. Demand: The benefit side of the market
6. Perfectly competitive supply: The cost side of the market
7. Efficiency and exchange
8. International trade and trade policy
9. The quest for profit and the invisible hand
Part 3 Imperfect competition
10. Monopoly and other forms of imperfect competition
11. Thinking strategically
Part 4 Open economy macroeconomics
12. Externalities, common resources and property rights
13. Public goods and their financing
14. The economics of information
15. Labour markets, poverty and income distribution
Part 5 Concluding thoughts
16. Thinking as an economist: revisited
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