Solution Manual for Microeconomics 3rd edition by Hubbard and O Brien

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Solution Manual for Microeconomics 3rd edition by Hubbard and O Brien

Solution Manual for Microeconomics 3rd edition by Hubbard and O Brien

The #1 question students of economics ask themselves is:  “Why am I here, and will I ever use this?”  Hubbard/O’Brien answer this question by demonstrating that real businesses use economics to make real decisions daily.  This is motivating to all students, whether they are business majors or not.  All students can relate to businesses they encounter in their everyday lives.  Whether they open an art studio, do social work, trade on Wall Street, work for the government, or bartend at the local pub, students will benefit from understanding the economic forces behind their work.

The book motivates users by demonstrating how real businesses use economics to make real decisions on a daily basis.  Covers the different Market Structures in an intuitive fashion so that readers of all backgrounds and fields can grasp the importance and flow of these concepts.  Chapter opening cases, examples and figures motivate the economic principles covered, while Solved Problems provide models of how to solve an econommic problem – keeping readers focused on the main ideas of each chapter, and preventing them from getting bogged down due to a lack of basic math or “word problem” skills.

Table of contents:

Chapter 1. Economics: Foundations and Models
Chapter 2. Tradeoffs, Comparative Advantage, and the Market System
Chapter 3. Where Prices Come From: The Interaction of Demand and Supply
Chapter 4. Economic Efficiency, Government Price Setting, and Taxes
Part 2: Markets in Action
Chapter 5. Externalities, Environmental Policy, and Public Goods
Chapter 6. Elasticity: The Responsiveness of Demand and Supply
Part 3: Firms in the Domestic and International Economies
Chapter 7. Firms, the Stock Market, & Corporate Governance, and the Stock Market
Chapter 8. Comparative Advantage and the Gains from International Trade
Part 4: Microeconomic Foundations: Consumers and Firms
Chapter 9. Consumer Choice and Behavioral Economics
Chapter 10. Production, Technology, and Costs
Part 5: Market Structure and Firm Strategy
Chapter 11. Firms in Perfectly Competitive Markets
Chapter 12. Monopolistic Competition: The Competitive Model in a More Realistic Setting
Chapter 13. Oligopoly: Firms in Less Competitive Markets
Chapter 14. Monopoly and Antitrust Policy
Chapter 15. Pricing Strategy
Part 6: Markets for Factors of Production
Chapter 16. The Markets for Labor and Other Factors of Production
Part 7: Information, Taxes, and the Distribution of Income
Chapter 17. The Economics of Information
Chapter 18. Public Choice, Taxes, and the Distribution of Income

Product details

Language: English
ISBN-10: 0132479370
ISBN-13: 978-0132479370
ISBN-13: 9780132479370

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