Title: Microeconomics: Principles and Policy, 13th Edition
Authors: William J. Baumol, Alan S. Blinder
Publisher: Cengage Learning
Description:
“Microeconomics: Principles and Policy” by William J. Baumol and Alan S. Blinder, now in its 13th edition, provides a comprehensive overview of microeconomic principles and their applications in economic policy. This edition offers students a thorough understanding of microeconomic theory and its relevance to real-world issues and policies. Covering topics such as supply and demand, consumer behavior, production and costs, market structures, and government intervention, Baumol and Blinder present complex concepts in an accessible and engaging manner. The book also explores contemporary issues in microeconomics, including income inequality, healthcare, environmental sustainability, and globalization. Through clear explanations, real-world examples, and thought-provoking exercises, the authors equip readers with the analytical tools and critical thinking skills necessary to analyze and evaluate economic policies. Whether you’re a student studying economics or a practitioner in the field, this edition serves as an invaluable resource for understanding and applying microeconomic principles to policy analysis and decision-making.