TY - BOOK AU - Baumol, William J. AU - Blinder, Alan S. AU - Solow, John L. TI - Basic microeconomics SN - 9789814986519 [newsprint] U1 - 338.5 B32 2022 PY - 2022/// CY - Australia PB - Cengage KW - Microeconomics N1 - Includes appendices and index; What is economics? -- The fundamental economic problem: scarcity and choice -- Supply and demand: an initial look -- Consumer choice: individual and market demand -- Demand and elasticity -- Output, price, and profit: the importance of marginal analysis -- The firm and the industry under perfect competition -- The case for free markets: the price system -- Monopoly -- Between competition and monopoly ER -