eBook Description
Microeconomics: Improve Your World (3rd Edition)
ISBN: 9781260521078
Overview
:
Microeconomics: Improve Your World by Dean Karlan and Jonathan Morduch is built around the central idea that economics is a powerful tool students can use to make meaningful changes in their lives and the world. The 3rd edition draws students in with relatable examples and contemporary issues, helping them develop economic intuition and apply it to real-life situations.
This edition offers a balanced approach, equipping students to analyze data and evidence behind economic effects, encouraging them to see economics as a lens through which they can view and respond to the world around them. Karlan and Morduch challenge students to consider how they will use their economic knowledge to improve their world.
In addition to covering core economic concepts, this edition introduces new ideas from areas such as finance, behavioral economics, and political economy. The content bridges the gap between classroom theory and real-world application, driven by empirical evidence, data, and research. This approach shows students that economics can be a tool for personal growth, as well as for promoting better public and business policies globally.
Table of Contents
:
- 1. Economics and Life
- 2. Specialization and Exchange
- 3. Markets
- 4. Elasticity
- 5. Efficiency
- 6. Government Intervention
- 7. Consumer Behavior
- 8. Behavioral Economics: A Closer Look at Decision Making
- 9. Game Theory and Strategic Thinking
- 10. Information
- 11. Time and Uncertainty
- 12. The Costs of Production
- 13. Perfect Competition
- 14. Monopoly
- 15. Monopolistic Competition and Oligopoly
- 16. The Facts of Production
- 17. International Trade
- 18. Externalities
- 19. Public Goods and Common Resources
- 20. Taxation and the Public Budget
- 21. Poverty, Inequality, and Discrimination
- 22. Political Choices
- 23. Public Policy and Choice Architecture
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