Microeconomics

About this book

Key Benefit: Hubbard & OBrien are still keeping it real in the third edition with new and updated coverage that reflects the current state of the economy and the recent financial meltdown. Key Topics: MICROECONOMICS: Economics: Foundations and Models; Trade-offs Comparative Advantage and the Market System; Where Prices Come From: The Interaction of Demand and Supply; Economic Efficiency Government Price Setting and Taxes; Externalities Environmental Policy and Public Goods; Elasticity: The Responsiveness of Demand and Supply; Firms the Stock Market and Corporate Governance; Comparative Advantage and the Gains from International Trade; Consumer Choice and Behavioral Economics; Technology Production and Costs; Firms in Perfectly Competitive Markets; Monopolistic Competition: The Competitive Model in a More Realistic Setting; Oligopoly: Firms in Less Competit