Microeconomics: Principles and Applications

Microeconomics: Principles and Applications

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Show students how todaya€™s microeconomic policy issues, decisions, and applications impact them every day with the practical, accessible presentation in MICROECONOMICS. Written by acclaimed economists Hall and Lieberman, this straightforward, contemporary text remains as current as the latest headlines. Fresh new cutting-edge examples throughout this edition as well as updated mini-cases clearly illustrate core microeconomic principles and applications in action. This editiona€™s streamlined chapters focus on todaya€™s most important microeconomic theories and events as well as how they relate to practical situations. This easy-to-understand comprehensive text equips students with a solid foundation in microeconomics that students can build on for success no matter what their careers. New diagrams, interactive online exercises, graphing applications, and internet research resources give students hands-on experience in understanding current microeconomic challenges. This edition presents the latest thinking from leading economics. Dynamic online resources, such as Aplia (a leading online homework manager), CourseMate online tools, and CengageNOW, help ensure students master key principles and applications. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.The Nobel prizea€”winning economist Milton Friedman (1912a€”2006), explaining a point originally made by another great economist, Alfred Marshall (1842a€”1924 ), put it this way: Everything depends on the problem; there is no inconsistency in regarding ... Advertising, whether it merely informs customers about the product (a€œ The new Toyota Corolla gets 45 miles per gallon on the highwaya€) or attempts to anbsp;...

Title:Microeconomics: Principles and Applications
Author:Robert Hall, Marc Lieberman
Publisher:Cengage Learning - 2012-02-16


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