Title Statements
- Full title :Microeconomics demystified / Craig A. Depken, II.
Edition Statements
- Publication Date:©2006.
Publication Statements
- Publisher(s):McGraw-Hill
- Place of Publication:New York
- Language:eng
- Publication Date:©2006.
Notes
Includes index.
The Physical Object
- Description:1 online resource (xiii, 322 pages) : : illustrations.
Edition Identifiers
- ISBN:0071471553, 9780071471558
- oclc:ocm71848362
- LC Classification:HB172
- Dewey Decimal:338.5
Table of Contents
1. The language of economics -- Summary -- Quiz -- 2. Math review -- Summary -- Quiz -- 3. Production and growth -- Production -- Production in a Robinson Crusoe economy -- Economic growth -- Gains from trade -- Summary -- Quiz -- 4. Demand and supply -- Demand -- Supply -- Price as a regulator in the market -- Changes in demand -- Changes in supply -- Changes in supply and demand -- Government interventions in the market -- Price floors and ceilings -- Quantity controls -- Taxation in the supply and demand model -- Summary -- Quiz -- 5. Elasticity -- Price elasticity of demand -- Income elasticity of demand -- Cross elasticity of demand -- Elasticity of supply -- Applications of elasticity -- Price elasticity of supply and demand and the burden of a sales tax -- Summary -- Quiz -- 6. Consumer and producer surplus -- Consumer surplus -- Producer surplus -- Changes in consumer and producer surplus and changes in supply and demand -- The impact of a sales tax on consumer and producer surplus -- Summary -- Quiz -- 7. Utility -- The utility function and indifference curves -- The household's income constraint -- The household's consumption equilibrium -- The law of demand and utility …
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