Principles of Microeconomics

Front Cover
McGraw-Hill/Irwin, 2001 - Business & Economics - 480 pages

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Contents

Introduction
1
Chapter
3
Chapter
6
Copyright

26 other sections not shown

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Principles of Macro-economics
Robert H. Frank,Ben Bernanke
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Principles of Microeconomics
Robert H. Frank,Ben Bernanke
Snippet view - 2001
Principles of Macro-economics
Robert H. Frank,Ben Bernanke
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Common terms and phrases

accounting profit allocation amount billing plan buyers charge choose coconuts/day comparative advantage cones consumer surplus cost-benefit principle costs and benefits deadweight loss decision demand curve dollar earn ECONOMIC NATURALIST economic profit economists efficient elasticity of demand equation equilibrium price equilibrium quantity example extra firm's graph hamburgers higher hour incentive income increase individual labor less marginal benefit marginal cost marginal revenue marginal utility market price megabyte million monopolist monthly bill opportunity cost optimal output payoff percent picking coffee player pounds of coffee pounds of nuts pounds/day price and quantity price elasticity prisoner's dilemma production possibilities curve quantity demanded reduce rent reservation price result sell sellers shift shown in Figure slope spend sundaes sunk cost supply and demand supply curve Suppose Susan ticket total economic surplus total revenue vertical intercept wage workers

References to this book

About the author (2001)

Ben Shalom. Bernanke was born on December 13, 1953 in Augusta, Georgia and was raised in Dillon, South Carolina. He has a Bachelor of Arts degree and a Masters in Economics from Harvard University and a Ph.d in in Economics from Massachusetts Institute of Technology. Bernanke taught at Stanford Graduate School of Business and New York University. He was a professor of economics at Princeton University. He served as chairman of the Federal Reserve from 2006 to 2014. Time magazine named him "Person of the Year" in 2009. Since leaving public servce he has changed his political affiliation from Republican to a moderate Independent. He and his wife Anna have two children.In 2015, his larest book, "The Courage to Act: A Memoir of a Crisis and its Aftermath," became a New York Times bestseller.

Bibliographic information

TitlePrinciples of Microeconomics
AuthorsRobert H. Frank, Ben Bernanke
Editionillustrated
PublisherMcGraw-Hill/Irwin, 2001
ISBN0070219915, 9780070219915
Length480 pages
Subjects ›  › 

Business & Economics / Economics / Microeconomics
  
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