Foundations of Microeconomics – Michael Parkin, Robin Bade – 7th Edition


For Principles of courses at two- and four-year colleges and universities. A -oriented system that breaks the traditional textbook mold. To help students focus on the most important concepts–and effectively application of those concepts–Foundations of is structured around a Checklist/Checkpoint system.

The result is a patient, confidence- program that prepares students to use in their everyday lives, regardless of what their future career will be.

This program provides a better teaching and experience–for you and your students. It will help you to:
• Personalize with MyEconLab: This online homework, tutorial, and assessment program engages students in learning and provides instructors tools to keep students on track.
• Encourage students to learn by doing: A Checklist/Checkpoint system provides a practice-oriented framework that enables active learning.
• Command student attention and foster interest in the course: Engaging features draw students into the material, and keep them focused throughout the course.
• Provide engaging, fully updated content: New and updated material on contemporary topics better motivates students to discover the way of thinking.

View more

Table of Contents

I. Introduction
1. Getting Started
2. The U.S. and Global Economies
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 Actions in Markets
8. Taxes
9. Global Markets in Action

IV. Market Failure and Public Policy
10. Externalities
11. Public Goods and Common Resources
12. Markets with Private Information

V. A Closer Look at Decision Makers
13. Consumer Choice and Demand
14. Production and Cost

VI. Prices, Profits, and Industry Performance
15. Perfect Competition
16. Monopoly
17. Monopolistic Competition
18. Oligopoly

VII. Incomes and Inequality
19. Markets for Factors of Production
20. Economic Inequality

Leave us a commentNo Comments

Inline Feedbacks
View all comments
Would love your thoughts, please comment.x