Microeconomics, Global Edition, 14th edition

Published by Pearson (29 July 2024) © 2024

  • Michael Parkin Emeritus of University of Western Ontario
Products list
Products list
Products list

Title overview

For 1-semester principles of microeconomics courses

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

The 14th Edition emphasises real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. Key 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.

Samples

Download the detailed table of contents >

Preview sample pages from Microeconomics, Global Edition >

Table of contents

  • 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

Need help?Get in touch