PRINCIPLES OF MICROECONOMICS, 5TH ED
With its clear and engaging writing style, PRINCIPLES OF MICROECONOMICS, Sixth Edition, continues to be one of the most popular books on economics available today. Mankiw emphasizes material that you are likely to find interesting about the economy (particularly if you are studying economics for the first time), including real-life scenarios, useful facts, and the many ways economic concepts play a role in the decisions you make every day.
Mankiw (economics, Harvard U.) explains microeconomics to undergraduate students, with the aim of helping them understand their world, be a more astute participant in the economy, and comprehend the potential and limits of economic policy. After outlining the ten principles of economics, he discusses how markets work, including supply and demand; consumers, producers, and the efficiency of markets; the costs of taxation; international trade; the economics of the public sector, including public goods and common resources and the design of the tax system; firm behavior and the organization of industry, with discussion of monopoly; labor markets, including earnings and discrimination and income inequality and poverty; the theory of consumer choice; and the emerging topics of asymmetric information, political economy, and behavioral economics. The companion website features resources like an interactive ebook, quizzes, graphing tutorials, and videos. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)
MASON, OH : SOUTH-WESTERN CENGAGE, C2008