Microeconomics Demystified

Name: Microeconomics Demystified | A Self-Teaching Guide
Brand: McGraw-Hill Education
Price: 31.19 EUR
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A Self-Teaching Guide

Craig Depken(Autor*in)

McGraw-Hill Education (Verlag)

1. Auflage

Erschienen am 16. Januar 2006

311 Seiten

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978-0-07-148674-3 (ISBN)

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Inhalt

Cover Page
Title Page
Copyright Page
Dedication
About the Author
Contents
Acknowledgments
Introduction
CHAPTER 1 The Language of Economics
Summary
Quiz
CHAPTER 2 Math Review
Summary
Quiz
CHAPTER 3 Production and Growth
Production
Production in a Robinson Crusoe Economy
Economic Growth
Gains from Trade
Summary
Quiz
CHAPTER 4 Demand and Supply
Demand
Supply
Price as a Regulator in the Market
Changes in Demand
Changes in Supply
Changes in Supply and Demand
Government Interventions in the Market
Price Floors and Ceilings
Quantity Controls
Taxation in the Supply and Demand Model
Summary
Quiz
CHAPTER 5 Elasticity
Price Elasticity of Demand
Income Elasticity of Demand
Cross Elasticity of Demand
Elasticity of Supply
Applications of Elasticity
Price Elasticity of Supply and Demand and the Burden of a Sales Tax
Summary
Quiz
CHAPTER 6 Consumer and Producer Surplus
Consumer Surplus
Producer Surplus
Changes in Consumer and Producer Surplus and Changes in Supply and Demand
The Impact of a Sales Tax on Consumer and Producer Surplus
Summary
Quiz
CHAPTER 7 Utility
The Utility Function and Indifference Curves
The Household's Income Constraint
The Household's Consumption Equilibrium
The Law of Demand and Utility Theory
Income and Substitution Effects
Substitution Effect
The Income Effect
Combining Substitution and Income Effects
Summary
Quiz
CHAPTER 8 Theory of the Firm
Why the Firm?
The Firm's Production Function and Isoquants
Efficiency and the Firm
The Firm's Cost Constraint
A Firm's Cost Functions: Total Cost, Average Cost, and Marginal Cost
Summary
Quiz
CHAPTER 9 Perfect Competition
Summary
Quiz
CHAPTER 10 Theory of Monopoly
Static Monopoly
Efficiency Aspects of Static Monopoly
Price Discrimination
First Degree Price Discrimination
Third Degree Price Discrimination
Second Degree Price Discrimination
Cartel Theory
Contestable Market Theory
Summary
Quiz
CHAPTER 11 Monopolistic Competition and Oligopoly
Monopolistic Competition
Oligopoly
The Kinked Demand Model
Oligopoly with a Dominant Firm
Strategic Interaction
Cournot Duopoly Game
Bertrand's Duopoly Game
Summary
Quiz
CHAPTER 12 Factor Markets
Labor
Labor Demand
Labor Supply
Labor Market Equilibrium
Additional Topics in Labor Markets
Capital Markets
Demand for Capital
Supply of Capital
Capital Market Equilibrium
Land
Summary
Quiz
CHAPTER 13 Market Failure and Government Intervention in Markets
Public Goods
Externalities
Summary
Quiz
APPENDIX A Quiz Answers
APPENDIX B Final Exam
Final Exam Answers
Index

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