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TestGen for Microeconomics, Global Edition

Michael Parkin (Autor)

Online Resource

2022 | 14th edition
Pearson Education Limited (Hersteller)
978-1-292-43468-1 (ISBN)

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Microeconomics gets you to think like an economist by incorporating the latest policy, data and discussions on important global issues.

The 14th Edition emphasizes real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. Hallmark features in the chapter openings and endings encourage you to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to, and deeper understanding of, today's events.

This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed.

About our author Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics. Professor Parkin's research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Professor Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.

PART 1: INTRODUCTION

What is Economics?
The Economic Problem

PART 2: HOW MARKETS WORK

Demand and Supply
Elasticity
Efficiency And Equity
Government Actions in Markets
Global Markets in Action

PART 3: HOUSEHOLDS' CHOICES

Utility and Demand
Possibilities, Preferences, and Choices

PART 4: FIRMS AND MARKETS

Organizing Production
Output and Costs
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly

PART 5: MARKET FAILURE AND GOVERNMENT

Public Choices, Public Goods, and Healthcare
Externalities

PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

Markets for Factors of Production
Economic Inequality
Uncertainty and Information

PART 7: MONITORING MACROECONOMIC PERFORMANCE

Monitoring the Value of Production: GDP
Monitoring Jobs and Inflation

PART 8: MACROECONOMIC TRENDS

Economic Growth
Finance, Saving, and Investment
Money, the Price Level, and Inflation
The Exchange Rate and the Balance of Payments

PART 9: MACROECONOMIC FLUCTUATIONS

Aggregate Supply and Aggregate Demand
Expenditure Multipliers
The Business Cycle, Inflation, and Deflation

PART 10: MACROECONOMIC POLICY

Fiscal Policy
Monetary Policy

Erscheint lt. Verlag	30.8.2022
Verlagsort	Harlow
Sprache	englisch
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
ISBN-10	1-292-43468-6 / 1292434686
ISBN-13	978-1-292-43468-1 / 9781292434681
Zustand	Neuware