Microeconomics, Global Edition EBook

Microeconomics, Global Edition EBook

Thistitle is a Pearson Global Edition. The Editorial team at Pearson has workedclosely with educators around the world to include content which is especiallyrelevant to students outside the United States.   Forcourses in the principles of microeconomics.  Anevidence-based approach to economics  Thro...

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Detalles Bibliográficos
Autor principal: Acemoglu, Daron (-)
Otros Autores: Laibson, David, List, John
Formato: Libro electrónico
Idioma:Inglés
Publicado: Harlow : Pearson Education, Limited 2021.
Edición:3rd ed
Materias:
Economics.
Economía.
Libros electrónicos.
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009667237306719
Tabla de Contenidos:
  • Cover
  • Half Title
  • Title Page
  • Copyright
  • Dedication
  • About the Authors
  • Brief Contents
  • Contents
  • Preface
  • Acknowledgments
  • Global Edition Acknowledgments
  • Microeconomics: Flexibility Chart
  • Part I: Introduction to Economics
  • Chapter 1: The Principles and Practice of Economics
  • 1.1 The Scope of Economics
  • Economic Agents and Economic Resources
  • Definition of Economics
  • Positive Economics and Normative Economics
  • Microeconomics and Macroeconomics
  • 1.2 Three Principles of Economics
  • 1.3 The First Principle of Economics: Optimization
  • Trade-offs and Budget Constraints
  • Opportunity Cost
  • Cost-Benefit Analysis
  • Evidence-Based Economics: Is Facebook free?
  • 1.4 The Second Principle of Economics: Equilibrium
  • The Free-Rider Problem
  • 1.5 The Third Principle of Economics: Empiricism
  • 1.6 Is Economics Good for You?
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Chapter 2: Economic Science: Using Data and Models to Understand the World
  • 2.1 The Scientific Method
  • Models and Data
  • An Economic Model
  • Evidence-Based Economics: How much more does a worker with a 4-year college degree earn compared to a worker with a high school degree?
  • Means and Medians
  • Argument by Anecdote
  • 2.2 Causation and Correlation
  • The Red Ad Blues
  • Causation Versus Correlation
  • Choice &amp
  • Consequence: Spend Now and Pay Later?
  • Experimental Economics and Natural Experiments
  • Evidence-Based Economics: What is the return to education?
  • 2.3 Economic Questions and Answers
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Appendix: Constructing and Interpreting Charts and Graphs
  • A Study about Incentives
  • Experimental Design
  • Describing Variables
  • Cause and Effect
  • Appendix Key Terms
  • Appendix Problems.
  • Chapter 3: Optimization: Trying to Do the Best You Can
  • 3.1 Optimization: Trying to Choose the Best Feasible Option
  • Choice &amp
  • Consequence: Do People Actually Choose the Best Feasible Option?
  • 3.2 Optimization Application: Renting the Optimal Apartment
  • Before and After Comparisons
  • 3.3 Optimization Using Marginal Analysis
  • Marginal Cost
  • Evidence-Based Economics: How does location affect the rental cost of housing?
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Chapter 4: Demand, Supply, and Equilibrium
  • 4.1 Markets
  • Competitive Markets
  • 4.2 How Do Buyers Behave?
  • Demand Curves
  • Willingness to Pay
  • From Individual Demand Curves to Aggregated Demand Curves
  • Building the Market Demand Curve
  • Shifting the Demand Curve
  • Evidence-Based Economics: How much more gasoline would people buy if its price were lower?
  • 4.3 How Do Sellers Behave?
  • Supply Curves
  • Willingness to Accept
  • From the Individual Supply Curve to the Market Supply Curve
  • Shifting the Supply Curve
  • 4.4 Supply and Demand in Equilibrium
  • Curve Shifting in Competitive Equilibrium
  • Letting The Data Speak: Technological Breakthroughs Drive Down the Equilibrium Price of Oil
  • Letting The Data Speak: The Day Oil Became Garbage
  • 4.5 What Would Happen If the Government Tried to Dictate the Price of Gasoline?
  • Choice &amp
  • Consequence: The Unintended Consequences of Fixing Market Prices
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Part II: Foundations of Microeconomics
  • Chapter 5: Consumers and Incentives
  • 5.1 The Buyer's Problem
  • What You Like
  • Prices of Goods and Services
  • How Much Money You Have to Spend
  • Choice &amp
  • Consequence: Absolutes Versus Percentages
  • 5.2 Putting It All Together
  • Price Changes.
  • Letting The Data Speak: Does 6 + 1 Always = 7?
  • Income Changes
  • 5.3 From the Buyer's Problem to the Demand Curve
  • 5.4 Consumer Surplus
  • An Empty Feeling: Loss in Consumer Surplus When Price Increases
  • Evidence-Based Economics: Would a smoker quit the habit for 100 per month?
  • 5.5 Demand Elasticities
  • The Price Elasticity of Demand
  • The Cross-Price Elasticity of Demand
  • The Income Elasticity of Demand
  • Letting The Data Speak: Should McDonald's Be Interested in Elasticities?
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Appendix: Representing Preferences with Indifference Curves: Another Use of the Budget Constraint
  • Appendix Questions
  • Appendix Key Terms
  • Chapter 6: Sellers and Incentives
  • 6.1 Sellers in a Perfectly Competitive Market
  • 6.2 The Seller's Problem
  • Making the Goods: How Inputs Are Turned into Outputs
  • The Cost of Doing Business: Introducing Cost Curves
  • The Rewards of Doing Business: Introducing Revenue Curves
  • Putting It All Together: Using the Three Components to Do the Best You Can
  • Choice &amp
  • Consequence: Maximizing Total Profit, Not Per-Unit Profit
  • 6.3 From the Seller's Problem to the Supply Curve
  • Price Elasticity of Supply
  • Shutdown
  • Choice &amp
  • Consequence: Marginal Decision Makers Ignore Sunk Costs
  • 6.4 Producer Surplus
  • 6.5 From the Short Run to the Long Run
  • Long-Run Supply Curve
  • Choice &amp
  • Consequence: Visiting a Car Manufacturing Plant
  • 6.6 From the Firm to the Market: Long-Run Competitive Equilibrium
  • Firm Entry
  • Firm Exit
  • Zero Profits in the Long Run
  • Economic Profit Versus Accounting Profit
  • Letting The Data Speak: The Effect of Uber Driver Entry in the Long Run
  • Evidence-Based Economics: How would an ethanol subsidy affect ethanol producers?
  • Summary
  • Key Terms
  • Questions.
  • Evidence-Based Economics Problems
  • Problems
  • Appendix: When Firms Have Different Cost Structures
  • Chapter 7: Perfect Competition and the Invisible Hand
  • 7.1 Perfect Competition and Efficiency
  • Social Surplus
  • Pareto Efficiency
  • 7.2 Extending the Reach of the Invisible Hand: From the Individual to the Firm
  • 7.3 Extending the Reach of the Invisible Hand: Allocation of Resources Across Industries
  • Letting The Data Speak: Adam Smith Visits the White House
  • 7.4 Prices Guide the Invisible Hand
  • Deadweight Loss
  • Evidence-Based Economics: Do companies like Uber make use of the invisible hand?
  • The Command Economy
  • Choice &amp
  • Consequence: FEMA and Walmart After Katrina
  • The Central Planner
  • Choice &amp
  • Consequence: Command and Control at Kmart
  • 7.5 Equity and Efficiency
  • Evidence-Based Economics: Can markets composed of only self-interested people maximize the overall well-being of society?
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Chapter 8: Trade
  • 8.1 The Production Possibilities Curve
  • Calculating Opportunity Cost
  • 8.2 The Basis for Trade: Comparative Advantage
  • Specialization
  • Absolute Advantage
  • Choice &amp
  • Consequence: An Experiment on Comparative Advantage
  • The Price of the Trade
  • 8.3 Trade Between States
  • Choice &amp
  • Consequence: Should LeBron James Paint His Own House?
  • Economy-Wide PPC
  • Comparative Advantage and Specialization Among States
  • 8.4 Trade Between Countries
  • Determinants of Trade Between Countries
  • Exporting Nations: Winners and Losers
  • Letting The Data Speak: Fair Trade Products
  • Importing Nations: Winners and Losers
  • Where Do World Prices Come From?
  • Determinants of a Country's Comparative Advantage
  • 8.5 Arguments Against Free Trade
  • National Security Concerns
  • Fear of Globalization.
  • Environmental and Resource Concerns
  • Infant Industry Arguments
  • The Effects of Tariffs
  • Choice &amp
  • Consequence: Tariffs Affect Trade Between Firms
  • Evidence-Based Economics: Will free trade cause you to lose your job?
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Chapter 9: Externalities and Public Goods
  • 9.1 Externalities
  • A "Broken" Invisible Hand: Negative Externalities
  • A "Broken" Invisible Hand: Positive Externalities
  • Pecuniary Externalities
  • Choice &amp
  • Consequence: Coronavirus Vaccination: Positive Externalities in Spots You Never Imagined
  • 9.2 Private Solutions to Externalities
  • Private Solution: Bargaining
  • The Coase Theorem
  • Private Solution: Doing the Right Thing
  • 9.3 Government Solutions to Externalities
  • Government Regulation: Command-and-Control Policies
  • Evidence-Based Economics: How did the government lower the number of earthquakes in Oklahoma?
  • Government Regulation: Market-Based Approaches
  • Corrective Taxes
  • Corrective Subsidies
  • Letting The Data Speak: How to Value Externalities
  • Letting The Data Speak: Pay as You Throw: Consumers Create Negative Externalities Too!
  • 9.4 Public Goods
  • Government Provision of Public Goods
  • Choice &amp
  • Consequence: The Free-Rider's Dilemma
  • Private Provision of Public Goods
  • 9.5 Common Pool Resource Goods
  • Choice &amp
  • Consequence: Tragedy of the Commons
  • Choice &amp
  • Consequence: The Race to Fish
  • Evidence-Based Economics: How can the Queen of England lower her commute time to Wembley Stadium?
  • Summary
  • Key Terms
  • Questions
  • Evidence-Based Economics Problems
  • Problems
  • Chapter 10: The Government in the Economy: Taxation and Regulation
  • 10.1 Taxation and Government Spending in the United States
  • Where Does the Money Come From?
  • Why Does the Government Tax and Spend?.
  • Choice &amp.

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