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Microeconomics (Age 18, US Bachelor’s 1)

About This Textbook

This textbook covers the scope and sequence of most one semester introductory microeconomics courses. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world applications.

Textbook Details

Author David Shapiro (Pennsylvania State University), Daniel MacDonald (California State University, San Bernardino), Steven A. Greenlaw (University of Mary Washington)
Age / Grade Age 18 / US Bachelor’s 1
Original Language English
License Type Creative Commons Attribution 4.0 International (CC BY 4.0) This means users are free to copy, redistribute, remix, and build upon the material for any purpose, even commercially, as long as they provide appropriate attribution. Learn more about this license at creativecommons.org/licenses/by/4.0.
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Table of Contents

Welcome to Economics — Choice in a World of Scarcity — Demand and Supply — Labor and Financial Markets — Elasticity — Consumer Choices — Production, Costs, and Industry Structure — Perfect Competition — Monopoly — Monopolistic Competition and Oligopoly — Monopoly and Antitrust Policy — Environmental Protection and Negative Externalities — Positive Externalities and Public Goods — Labor Markets and Income — Poverty and Economic Inequality — Information, Risk, and Insurance — Financial Markets — Public Economy — International Trade — Globalization and Protectionism

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