ECON MICRO, 5th Edition

Through ongoing research into students’ workflows and preferences, ECON Micro from 4LTR Press combines an easy-reference, paperback textbook with Chapter Review Cards, and an innovative online experience – all at an affordable price. New for this edition, students explore ECON Micro anywhere, anytime, and on most devices with ECON Micro Online! With the intuitive StudyBits™ functionality, students study more effectively and can visually monitor their own progress. Coupled with straightforward course management, assessment, and analytics for instructors, ECON Micro with ECON Micro Online engages students of all generations and learning styles, and integrates seamlessly into your Economics course. ECON Micro features examples and illustrations that your students will recognize when they show up for class the first day, because they already have at least 17 years of personal experience with economic choices, institutions, and events. This book truly leads by example, taking a “just-in-time” approach that introduces material just as it is needed to develop an argument.

Table of Contents

Ch 1: The Art and Science of Economic Analysis
Ch 2: Economic Tools and Economic Systems
Ch 3: Economic Decision Makers
Ch 4: Demand, Supply, and Markets
Ch 5: Elasticity of Demand and Supply
Ch 6: Consumer Choice and Demand
Ch 7: Production and Cost in the Firm
Ch 8: Perfect Competition
Ch 9: Monopoly
Ch 10: Monopolistic Competition and Oligopoly
Ch 11: Resource Markets
Ch 12: Labor Markets and Labor Unions
Ch 13: Capital, Interest, Entrepreneurship, and Corporate Finance
Ch 14: Transaction Costs, Asymmetric Information, and Behavioral Economics
Ch 15: Economic Regulation and Antitrust Policy
Ch 16: Public Goods and Public Choice
Ch 17: Externalities and the Environment
Ch 18: Poverty and Redistribution
Ch 19: International Trade
Ch 20: International Finance
Ch 21: Economic Development