Textbook in PDF format

For the two-semester course in Principles of Microeconomics.
An Introduction to the Functioning of the Economy and the Power and Breadth of Economics.
Reviewers tell us that Case/Fair/Oster is one of the all-time bestselling Principles of Economics texts because they trust it to be clear, thorough, and complete. Readers of Principles of Microeconomics, Twelfth Edition, Global Edition, come away with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of things they do poorly. With the latest research and added exercises, students begin to learn the art and science of economic thinking and start to look at some policy and even personal decisions in a different way.
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Also Available with MyEconLab
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Contents
Part I Introduction To Economics
The Scope and Method of Economics
The Economic Problem: Scarcity and Choice
Demand, Supply, and Market Equilibrium
Demand and Supply Applications
Elasticity
Part II The Market System
Household Behavior and Consumer Choice
The Production Process: The Behavior of Profit-Maximizing Firms
Short-Run Costs and Output Decisions
Long-Run Costs and Output Decisions
Input Demand: The Labor and Land Markets
Input Demand: The Capital Market and the Investment Decision
General Equilibrium and the Efficiency of Perfect Competition
Part III Market Imperfections and the Role of Government
Monopoly and Antitrust Policy
Oligopoly
Monopolistic Competition
Externalities, Public Goods, and Common Resources
Uncertainty and Asymmetric Information
Income Distribution and Poverty
Public Finance: The Economics of Taxation
Part IV The World Economy
International Trade, Comparative Advantage, and Protectionism
Economic Growth in Developing Economies
Part V Methodology
Critical Thinking about Research
Glossary
Index