1. Modern Economics and thinking like an Economist -- 2. Demand and supply -- 3. Consuming and producing -- 4. The competitive firm -- 5. Labour and capital markets -- 6. The efficeincy of competitive markets -- 7. Monopoly, Monopolistic competition and oligopoly -- 8. Government polices towards competition -- 9. Imperfections in the Labour market -- 10. Imperfect information -- 11. Strategic behaviour --12. Externalities, public goods and the public sector -- 13. Environmental Economics
Summary
This book has contextualised the content to suit the needs of Australian university students. Key introductory microeconomics concepts are explained using the latest theory and research, with data relevant to the Australian economy