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Foundations of Microeconomics (Canadian)

Foundations of Microeconomics (Canadian) - 2nd edition

ISBN13: 978-0321242990

Cover of Foundations of Microeconomics (Canadian) 2ND 05 (ISBN 978-0321242990)
ISBN13: 978-0321242990
ISBN10: 0321242998
Cover type: Paperback
Edition/Copyright: 2ND 05
Publisher: Addison-Wesley Longman, Inc.
Published: 2005
International: No

List price: $110.30

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Foundations of Microeconomics (Canadian) - 2ND 05 edition

ISBN13: 978-0321242990

Robin Bade, Michael Parkin and Brian Lyons

ISBN13: 978-0321242990
ISBN10: 0321242998
Cover type: Paperback
Edition/Copyright: 2ND 05
Publisher: Addison-Wesley Longman, Inc.

Published: 2005
International: No
Summary

This text is suitable for college and university-level courses in Introductory Microeconomics.

The second edition of Foundations of Microeconomics has one goal in mind, to make economics clear and understandable to every student. Bade/Parkin/Lyons focus on the core economic concepts and take a straightforward approach in explaining these concepts to the reader.

Technology is integrated throughout the text to help strengthen the reader's understanding of technology, appealing to the varied learning styles of today's student.

Throughout the text the reader's understanding is reinforced with Checkpoints. These are integrated within the chapters to provide further understanding of the key concepts used in the text.

Graphs are a fundamental aspect of economics. Understanding diagrams is a key skill students must learn. Bade/Parkin/Lyons' use of diagrams and graphs has been praised by users as being clear, informative, and an invaluable learning tool.

Features

  • NEW - 18 Chapter Structure. Based on extensive reviews and market feedback, the second edition will have a new 18 chapter structure. An economics course today needs to focus on the fundamental concepts in economics to enable it to be taught in a single semester. Bade/Parkin/Lyons has been re-structured to eliminate material that cannot be covered and re-focused on the core elements. In so doing, the new edition provides a more tailored and relevant product for instructors and students alike.
  • NEW - Expanded End-of-Chapter Exercises. Bade/Parkin/Lyons, through the Checklist-Checkpoints, devotes much more space to review and problem solving than other texts. For the second edition, this has been taken further by expanding the end-of-chapter exercises to three full pages. Two pages offer a series of analytical exercises that parallel those in the Checkpoints, and one page provides a rich array of Critical Thinking and Web Exercises.
  • NEW - Design and Layout. The second edition has been significantly re-designed to reflect the change in materials covered. The design of the first edition was well received and the second edition will contain many of these elements. One such example is placing graphs and diagrams on the same page as the text with which they relate, thus eliminating the need to flip between pages, a common problem in other texts.
  • NEW - Revised Data and Cases. Every data set has been revised and brought up to date. Students will use data relevant to today's economic climate.

Table of Contents

I. INTRODUCTION - MICROECONOMICS.

1. Getting Started.
Appendix: Making and Using Graphs.
2. The Canadian Economy.
3. The Economic Problem.
4. Demand and Supply.

II. A CLOSER LOOK AT MARKETS.

5. Elasticities of Demand and Supply.
6. Efficiency and Fairness of Markets.

III. HOW GOVERNMENTS INFLUENCE THE ECONOMY.

7. Government Influences on Markets.
8. Taxes
9. Externalities.
10. Public Goods and the Tax System.

IV. A CLOSER LOOK AT DECISION MAKERS.

11. Consumer Choice and Demand.
12. Production and Cost

V. PRICES, PROFITS AND INDUSTRY PERFORMANCE.

13. Perfect Competition.
14. Monopoly.
15. Monopolistic Competition and Oligopoly.
16. Regulation and Competition Policy.

VI. HOW INCOMES ARE DETERMINED.

17. Demand and Supply in Factor Markets.
18. Inequality and Redistribution.

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