Microeconomics demystified

Microeconomics demystified

by Depken, Craig A.

Type Book
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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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