Torrent details for "Frank R. Principles of Microeconomics 8ed 2022 [andryold1]"    Log in to bookmark

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Principles of Microeconomics focuses on seven core principles to produce economic naturalists through active learning. By eliminating overwhelming detail and focusing on core principles, students from all backgrounds are able to gain a deeper understanding of economics. Focused on helping students become "economic naturalists," people who employ basic economic principles to understand and explain what they observe in the world around them. COVID-19 pandemic content, analysis, and examples further engage students. With engaging questions, explanations, exercises and videos, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become "economic naturalists." Author developed Learning Glass concept overview videos and Worked Problem videos give students an overview of challenging and important concepts. With new videos and engagement tools in Connect, like Application-Based Activities, alongside SmartBook's adaptive reading experience, the 8th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics.
Introduction
Thinking Like an Economist
Comparative Advantage
Supply and Demand
Competition and the Invisible Hand
Elasticity
Demand
Perfectly Competitive Supply
Efficiency, Exchange, and the Invisible Hand in Action
Market Imperfections
Monopoly, Oligopoly, and Monopolistic Competition
Games and Strategic Behavior
An Introduction to Behavioral Economics
Externalities, Property Rights, and the Environment
Economics of Public Policy
The Economics of Information
Labor Markets, Poverty, and Income Distribution
Public Goods and Tax Policy
International Trade
International Trade and Trade Policy

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