O'Sullivan, Arthur.

Microeconomics : principles and tools / Arthur O'Sullivan, Steven M. Sheffrin. - 3rd ed. - Upper Saddle River, N.J. : Prentice Hall, c2002. - xxxii, 438p.: col. ill. ; 26 cm. 1 computer optical disc (4 3/4 in.) - Prentice-Hall series in economics .


Table of contents

I. INTRODUCTION AND KEY PRINCIPLES. 1

1. Introduction: What Is Economics? 1-14

2. Key Principles of Economics. 23-37

3. Markets in the Global Economy. 41-58

4. Supply, Demand, and Market Equilibrium. 63-89

II. A CLOSER LOOK AT SUPPLY AND DEMAND. 95

5. Elasticity: A Measure of Responsiveness. 95-114

6. Market Efficiency and Government Intervention. 119-139

7. Consumer Choice. 145-155

III. MARKET STRUCTURES AND PRICING. 163

8. Production and Cost. 163-182

9. Perfect Competition: Short Run and Long Run. 187-206

10. Monopoly.213-231

11. Entry and Monopolistic Competition. 235-246

12. Oligopoly and Strategic Behavior. 251-272

13. Using Market Power: Price Discrimination and Advertising. 277-289

14. Controlling Market Power: Antitrust Policy and Deregulation. 293-306

IV. SPILLOVERS AND INFORMATION. 311

15. Imperfect Information and Disappearing Markets. 311-325

16. Public Goods, Taxes and Public Choice. 329-345

17. Environmental Policy. 349-366

V. THE LABOR MARKET AND ECONOMIC CHALLENGES. 371

18. The Labor Market. 371-394

19. Economic Challenges: Poverty, Aging, Health Care. 399-414

20. International Trade and Public Policy. 417-434

Glossary G-1
Photo credits P-1
Answers to odd- Numbered problems and discussion questions A-1
Index I-1







Includes bibliographical references and index.

Includes bibliographical references and index.

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Microeconomics.

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