tailieunhanh - Principles Principles of Microeconomics

Economics is a study of mankind in the ordinary business of life.” So wrote Alfred Marshall, the great 19th-century economist, in his textbook, Principles of Economics. Although we have learned much about the economy since Marshall’s time, this definition of economics is as true today as it was in 1890, when the first edition of his text was published. Why should you, as a student at the beginning of the 21st century, embark on the study of economics? There are three reasons. The first reason to study economics is that it will help you understand the world in which you live. There are many questions about the economy. | N. Gregory Mankiw Principles of Microeconomics FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY 13 The Costs of Production --- 14 Firms in Competitive Markets The theory of the firm sheds light on the decisions that lie behind supply in competitive markets. 15 Monopoly-------------------------------------- . . . Firms with market power can cause market outcomes to 16 Monopolistic Competition . CT r r r be inefficient. 17 Oligopoly ------------------------------------ THE ECONOMICS OF LABOR MARKETS 18 The Markets for the Factors of Production 19 Earnings and Discrimination 20 Income Inequality and Poverty----------- These chapters examine the special features of labor markets in which most people earn most of their income. TOPICS FOR FURTHER STUDY 21 The Theory of Consumer Choice Additional topics in microeconomics include household decision making asymmetric information political economy and behavioral economics. Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied scanned or duplicated in whole or in part. Due to electronic rights some third party content may be suppressed from the eBook and or eChapter s . Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied scanned or duplicated in whole or in part. Due to electronic rights some third party content may be suppressed from the eBook and or eChapter s . Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require .

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