Principles Of Economics: Graphic Edition Volume 4

ISBN: 9789814915465
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Product Details

Publisher,Cengage Learning
Publication Date,
Format, Paperback
Weight,
No. of Pages, 330

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Shelf: Professional Books / Econs/Commerce / Economics (General)

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Adapted from the global bestseller Principles of Economics by N. Gregory Mankiw, this graphic edition of Professor Mankiw’s textbook offers easy-to-understand explanations of the most important concepts in economics. Volume 4 covers the factors of production and the basic theory of markets, income inequality and income distribution, and takes us through the theory of consumer choice. It also provides insight into political economics, behavioral economics, and information asymmetry. Beautifully illustrated and accompanied by entertaining textual discussion, this highly readable and educational series of graphic novels will serve as a lifelong companion to anyone who is interested in economics.

 

TABLE OF CONTENTS
Preface
Chapter 01 The Markets for the Factors of Production
1 The demand and supply for labor
2 Equilibrium in the labor market
3 Land and capital

Chapter 02 Earnings and Discrimination
1 Some determinants of equilibrium wages
2 The economics of discrimination

Chapter 03 Income Inequality and Poverty
1 Measuring inequality
2 The political philosophy of redistributing income
3 Policies to reduce poverty

Chapter 04 The Theory of Consumer Choice
1 The budget constraint
2 Preference
3 Optimization
4 Three applications

Chapter 05 Frontiers of Economics
1 Information asymmetry
2 Political economy
3 Behavioral economics

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