Microeconomics

by Paul A. Samuelson, William D. Nordhaus

About the Book: Microeconomics: 19th Edition A current and relevant as ever, Samuelson and Nordhauss Microeconomics continues to be the standardbearer for an introduction to modern economic principles. This timeless text has an updated view of financial markets and monetary policy and also continues to emphasize the Analytical Core of Economics with particular attention to analysis of market economics. This emphasis helps foster a focus on the most important concepts in the principles of microeconomics course. Contents: Part One Basic Concepts Chapter 1 The Central Concepts of Economics Chapter 2 The Modern Mixed Economy Chapter 3 Basic Elements of Supply and Demand PART TWO MICROECONOMICS: SUPPLY, DEMAND, AND PRODUCT MARKETS Chapter 4 Supply and Demand: Elasticity and Applications Chapter 5 Demand and Consumer Behavior Chapter 6 Production and Business Organization Chapter 7 Analysis of Costs Chapter 8 Analysis of Perfectly Competitive Markets Chapter 9 Imperfect Competition and Monopoly Chapter 10 Competition Among the Few Chapter 11 Economics of Uncertainty PART THREE FACTOR MARKETS: LABOR, LAND, AND CAPITAL Chapter 12 How Markets Determine Incomes Chapter 13 The Labor Market Chapter 14 Land, Natural Resources, and the Environment Chapter 15 Capital, Interest, and Profits PART FOUR APPLICATIONS OF ECONOMIC PRINCIPLES Chapter 16 Government Taxation and Expenditure Chapter 17 Efficiency vs. Equality: The Big Tradeoff Chapter 18 International Trade About the Author: Paul A. Samuelson, William D. Nordhaus Paul A. Samuelson, Mass Institute of Tech William D. Nordhaus, Yale University

Genres: Economics, Textbooks, Business

432 pages, Paperback

First published March 1, 1989

About the author

Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist. The first American to win the Nobel Memorial Prize in Economic Sciences, the Swedish Royal Academies stated, when awarding the prize in 1970, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Economic historian Randall E. Parker has called him the "Father of Modern Economics", and The New York Times considered him to be the "foremost academic economist of the 20th century"

Reviews

[Hiroku]

Very Good book. Definitely taught me a lot

[Mission]

suppose the price of a coommodity was Tk .03 and at the quantity demand was 3250 units but when price increase to Tk .05 demand decreased to 1250 units .What will be the value of elasticity?