Microeconomics / by R. Glenn Hubbard and Anthony Patrick O'Brien

Includes glossary and index.

Economics: foundations and models Trade offs, comparative advantage, and the market system Where prices come from: the interaction of demand and supply Economic efficiency, government price setting and taxes Markets in action Externalities, environmental policy and public goods Elasticity; the responsiveness of demand and supply Firms in the domestic and international economies Firms, the stock market and corporate governance Comparative advantage and the gains from international trade Multinational firms Microeconomic foundations: consumers and firms Consumer choice and behavioral economies Using indifference curves and budget lines to understand consumer behavior Technology, production and costs Using isoquants and isocosts to understand production and cost Market structure and the firm strategy Firms in the perfectly competitive markets Monopolistic competition: the competitive model in a more realistic setting Oligopoly: firms in less competitive markets Monopoly and antitrust policy Pricing strategy Markets for factors of production The markets for labor and other factors of production Information, taxes and the distribution of income The economics of information The tax system and the distribution of income