Microeconomics: Principles and Practice with Student Resource Access 12 Months

Microeconomics Principles and Practice is a top-tier, academically challenging text that complements Cengage’s suite of Economics titles. Cengage Australia’s second edition of Microeconomics Principles and Practices sees Frost and Schuwalow adapt Taylor’s revised reflections on the global financial crisis and how businesses are recovering. Examples of current events from Australia, New Zealand and the Asia-Pacific region help explain how discussions on the role of the government can affect the economy. Microeconomics Principles and Practice is concerned with concepts and understanding, which sets it apart from competitor texts.
New to this Edition
NEW boxed features focusing on current business issues add currency and reflect the latest economic issues.

NEW number of chapters has been reduced from 14 chapters to 11, keeping the content concise and relevant.

NEW streamlined chapter 6, ‘The Firm and Industry’ includes coverage of the supply curve as well costs of production.

NEW streamlined Chapter 9, ‘Strategic behaviour’, examines oligopoly and monopolistic competition

Content pertaining to ‘Labour Markets’ is now distributed throughout the book (previously Chapter 13)