Microeconomics, Global Edition, 3rd edition

Published by Pearson (29 July 2024) © 2024

  • Daron Acemoglu Massachusetts Institute of Technology
  • David Laibson Harvard University
  • John A. List

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ISBN-13: 9781292414898
Microeconomics, Global Edition
Published 2021

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Title overview

Throughout Microeconomics, 3rd Edition, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them. Taking a fresh approach, they use the themes of optimization, equilibrium, and empiricism to not only illustrate the power of simple economic ideas, but also to explain and predict what’s happening in today’s society. As a result of the text’s practical emphasis, students learn to apply economic principles to guide the decisions they make in their own daily lives.

This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content which is especially relevant to students outside of North America.

Table of contents

  1. 1 The Principles and Practice of Economics
  2. 2 Economic Science: Using Data and Models to Understand the World
  3. 3 Optimization: Trying to Do the Best You Can
  4. 4 Demand, Supply, and Equilibrium
  5. 5 Consumers and Incentives
  6. 6 Sellers and Incentives
  7. 7 Perfect Competition and the Invisible Hand
  8. 8 Trade
  9. 9 Externalities and Public Goods
  10. 10 The Government in the Economy: Taxation and Regulation
  11. 11 Markets for Factors of Production
  12. 12 Monopoly
  13. 13 Game Theory and Strategic Play
  14. 14 Oligopoly and Monopolistic Competition
  15. 15 Trade-offs Involving Time and Risk
  16. 16 The Economics of Information
  17. 17 Auctions and Bargaining
  18. 18 Social Economics

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