TAILIEUCHUNG - MICROeCONOMICS Principles & Applications

Economics. The word conjures up all sorts of images: manic stock traders on Wall Street, an economic summit meeting in a European capital, a somber television news anchor announcing good or bad news about the economy. . . . You probably hear about economics several times each day. What exactly is economics? First, economics is a social science. It seeks to explain something about society, just like other social sciences, such as psychology, sociology, and political science. But economics is different from these other social sciences because of what economists study and how they study it. Economists ask different questions, and they answer them using tools that other social. | Microeconomics Robert E. HALL Marc LIEBERMAN Robert E. HALL Department of Economics Stanford University Marc LIEBERMAN Department of Economics New York University SOUTH-WESTERN í cENGAGE Learning Australia Brazil Japan Korea Mexico Singapore Spain United Kingdom United States SOUTH-WESTERN í CENGAGE Learning Microeconomics Principles Applications 5th Edition Robert E. Hall Marc Lieberman Vice President of Editorial Business Jack W. Calhoun Publisher Joe Sabatino Executive Editor Michael Worls Senior Developmental Editor Susanna C. Smart Senior Marketing Manager John Carey Senior Marketing Communications Manager Sarah Greber Content Project Manager Corey Geissler Media Editor Deepak Kumar Editorial Assistant Lena Mortis Manufacturing Coordinator Sandra Milewski Production Service S4Carlisle Publishing Services Senior Art Director Michelle Kunkler Internal Designer Imbue Design Cover Designer Imbue Design Cover Image Copyright Theo Rudnak Photography Permissions Manager Deanna Ettinger Text Permissions Manager Mardell Glinski Schultz 2010 2008 South-Western Cengage Learning ALL RIGHTS RESERVED. No part of this work covered by the copyright herein may be reproduced transmitted stored or used in any form or by any means graphic electronic or mechanical including but not limited to photocopying recording scanning digitizing taping Web distribution information networks or information storage and retrieval systems except as permitted under Section 107 or 108 of the 1976 United States Copyright Act without the prior written permission of the publisher. For product information and technology assistance contact us at Cengage Learning Customer Sales Support 1-800-354-9706 For permission to use material from this text or product submit all requests online at permissions Further permissions questions can be emailed to permissionrequest@ Library of Congress Control Number 2009933897 ISBN-10 1-4390-3897-X ISBN-13 978-1-4390-3897-0 .

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