Microeconomic Theory : Basic Principles and Extensions
MICRO ECON with MindTap, 6E
Principles of Microeconomics with MindTap, 8th Edition
Higher Education
Author(s): N. Gregory Mankiw | Mark P. Taylor
ISBN: 9789355737731
Edition: 5th
© Year : 2020
Binding: Paperback
Pages: 465
Trim Size : 254 x 203 mm
Much revered for its friendly and accessible approach, emphasis on active learning, and unrivalled support resources, this edition also has an improved structure to ensure the text aligns even more closely with your course. The new edition incorporates additional coverage of a number of key topics including heterodox theories in economics such as complexity theory; institutional economics and feminist economics; different theories in international trade; game theory; and different measures of poverty.
PART 1 Introduction to economics
1 What is economics?
2 Thinking like an economist
PART 2 The theory of competitive markets
3 The market forces of supply and demand
4 Background to demand: Consumer choices
5 Background to supply: Firms in competitive markets
6 Consumers, producers and the efficiency of markets
PART 3 Interventions in markets
7 Supply, demand and government policies
8 Public goods, common resources and merit goods
9 Market failure and externalities
Part 4 Firm behaviour and market structures
10 Firms’ production decisions
11 Market structures I: Monopoly
12 Market structures II: Monopolistic competition
13 Market structures III: Oligopoly
14 Market structures IV: Contestable markets
Part 5 Factor markets
15 The economics of factor markets
Part 6 Inequality
16 Income inequality and poverty
Part 7 Trade
17 Interdependence and the gains from trade
Part 8 Heterodox economics
18 Information and behavioural economics
19 Heterodox theories in economics
N. GREGORY MANKIW is the Robert M. Beren Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and the Massachusetts Institute of Technology. As a teacher he has taught macroeconomics, microeconomics, statistics and principles of economics. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. In addition to his teaching, research and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research and an advisor to the Federal Reserve Banks of Boston and New York and the Congressional Budget Office. From 2003 to 2005, he served as chairman of the US President’s Council of Economic Advisors and was an advisor to presidential candidate Mitt Romney during the 2012 US presidential election.
MARK P. TAYLOR
MARK P. TAYLOR is Dean of John M Olin Business School at Washington University, US, and was previously Dean of Warwick Business School at the University of Warwick, UK. He obtained his first degree in philosophy, politics and economics from Oxford University and his Master’s degree in economics from London University, from where he also holds a doctorate in economics and international finance. Professor Taylor has taught economics and finance at various universities (including Oxford, Warwick and New York) and at various levels (including principles courses, advanced undergraduate and advanced postgraduate courses). He has also worked as a senior economist at the International Monetary Fund and at the Bank of England and, before becoming Dean of Warwick Business School, was a managing director at BlackRock, the world’s largest financial asset manager, where he worked on international asset allocation based on macroeconomic analysis. His research has been extensively published in scholarly journals and he is today one of the most highly cited economists in the world. He has also been a member of the Academic Advisory Group of the Bank of England Fair and Effective Markets Review.
CONTRIBUTING AUTHOR
ANDREW ASHWIN has over 20 years’ experience as a teacher of economics. He has an MBA from the University of Hull and a PhD in assessment and the notion of threshold concepts in economics from the University of Leicester. Andrew is an experienced author, writing a number of texts for students at different levels, and journal publications related to his PhD research as well as working on the development of online learning materials at the University of Bristol’s Institute of Learning and Research Technologies. Andrew was Chair of Examiners for a major awarding body for business and economics in England and is a subject specialist consultant in economics for the UK regulator, Ofqual. Andrew has a keen interest in assessment and learning in economics and has received accreditation as a Chartered Assessor with the Chartered Institute of Educational Assessors. He has also edited the journal of the Economics, Business and Enterprise Association.