Principles of Microeconomics 3e (OpenStax)
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Principles of Microeconomics 3e covers the scope and sequence of most one semester introductory microeconomics courses. The third edition takes a balanced approach to the theory and application of microeconomics concepts. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world applications. The third edition has been carefully and thoroughly updated to reflect recent developments, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists.
- Front Matter
- 1: Welcome to Economics!
- 2: Choice in a World of Scarcity
- 3: Demand and Supply
- 4: Labor and Financial Markets
- 5: Elasticity
- 6: Consumer Choices
- 7: Production, Costs, and Industry Structure
- 8: Perfect Competition
- 9: Monopoly
- 10: Monopolistic Competition and Oligopoly
- 11: Monopoly and Antitrust Policy
- 12: Environmental Protection and Negative Externalities
- 13: Positive Externalities and Public Goods
- 14: Labor Markets and Income
- 15: Poverty and Economic Inequality
- 16: Information, Risk, and Insurance
- 17: Financial Markets
- 18: Public Economy
- 19: International Trade
- 20: Globalization and Protectionism
- 21: Appendix
- Back Matter