pt. A. The Methodology of Microeconomic Policy -- 1. How do economists approach microeconomic policy? -- 2. Why do governments need microeconomic policies? -- 3. Relevance to business management of microeconomics and microeconomic policy -- pt. B. Demand, Supply, Markets and Policy -- 4. Competitive markets and price regulation -- 5. Consumers and policy -- 6. Costs, supply and policy -- pt. C. Imperfect Markets -- 7. The behaviour of firms -- 8. Monopoly: Consequences, regulation and prevention -- 9. Oligopoly and policy-making -- 10. Ownership of enterprises: Public or private? -- pt. C. Factor Markets and Policy -- 11. Labour markets -- 12. Human capital and social policy -- 13. Trade unions -- pt. E. Public Choice -- 14. Do votes determine policies? A public choice perspective on policy -- 15. The contract state -- pt. F. Global Applications -- 16. The state of the environment and the availability of natural resources -- 17. Defence, disarmament and conflict.
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"This textbook shows students how microeconomic theory can be used and applied to major issues of public policy. In this way, it will improve their understanding of both microeconomic theory and policy and also develop their ability to critically assess them." "Clem Tisdell and Keith Hartley have expanded upon their previous successful work on microeconomics. As a result, this new book is considerably updated with substantial chapter revisions, as well as new chapters dealing with business management, ownership, environmental issues, public choice, defence, conflict and terrorism."--Jacket.