All Formats & Editions

This textbook integrates contemporary economics into the traditional curriculum. It offers coverage of the economics of information and imperfect markets and emphasises on the critical role of capital markets in the macro economy.

Co-written by Joseph Stiglitz, winner of the Nobel Prize for his research on imperfect markets, and Carl E. Walsh, one of the leading monetary economists in the field, Principles of Microeconomics is the most modern and accurate text available.

Paying close attention to significant topics neglected by most principles-level texts-such as imperfect markets and the centrality of technological change in modern economies-the authors provided beginning students with the tools to interpret economic realities in the world around... Read Full Overview

These day s economics is big news. If we pick up a newspaper or turn on the television for the prime-time news report, we are likely to be bombarded with statistics on unemployment rates, inflation rates, exports, and imports. How well are we doing in competition with other countries,... Read Full Overview

These day s economics is big news. If we pick up a newspaper or turn on the television for the prime-time news report, we are likely to be bombarded with statistics on unemployment rates, inflation rates, exports, and imports. How well are we doing in competition with other countries,... Read Full Overview

These day s economics is big news. If we pick up a newspaper or turn on the television for the prime-time news report, we are likely to be bombarded with statistics on unemployment rates, inflation rates, exports, and imports. How well are we doing in competition with other countries,... Read Full Overview

These day s economics is big news. If we pick up a newspaper or turn on the television for the prime-time news report, we are likely to be bombarded with statistics on unemployment rates, inflation rates, exports, and imports. How well are we doing in competition with other countries,... Read Full Overview