Previous edition: 2012.
Originally published as: Microeconomics : principles and tools / Arthur O'Sullivan, Steven M. Sheffrin. 1998.
Introduction : what is economics?
The key principles of economics
Exchange and markets
Demand, supply, and market equilibrium
Elasticity : a measure of responsiveness
Market efficiency and government intervention
Consumer choice : utility theory and insights from neuroscience
Production technology and cost
Perfect competition
Monopoly and price discrimination
Market entry and monopolistic competition
Oligopoly and strategic behavior
Controlling market power : antitrust and regulation
Imperfect information : adverse selection moral hazard
Public goods and public choice
External costs and environmental policy
The labor market and the districution of income
International trade and public policy.
Microeconomics : principles, applications, and tools by Arthur O'Sullivan. ISBN 9780132948869. Published by Pearson in 2014. Publication and catalogue information, links to buy online and reader comments.