Readings in Applied Microeconomics: The Power of the Market

by Craig Newmark

A central concern of economics is how society allocates its resources. Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets work with concrete examples, addresses questions about whether markets...

• Format: Paperback
• Language: English
• ISBN: 0415777402
• ISBN13: 9780415777407
• Release Date: June 2009
• Publisher: Routledge
• Length: 446 Pages
• Weight: 1.85 lbs.
• Dimensions: 1.0" x 6.8" x 9.6"