Nelson Higher Education

Higher Education

Exploring Microeconomics, 3rd Edition

  • Robert L. Sexton
  • Peter N. Fortura
  • Colin C. Kovacs
  • ISBN-10: 0176509771
  • ISBN-13: 9780176509774
  • 0 Pages | Paperback
  • Previous Editions: 2010, 2006
  • COPYRIGHT: 2013 Published
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Overview

About the Product

Exploring Microeconomics offers students a lively, back-to-the-basics approach designed to take the intimidation out of economics. The text is unique in the market in that it uses a modular format: each chapter is broken into bite-sized Sections. These short, self-contained learning units and carefully chosen pedagogy, graphs, and photos aid in mastery and retention of economic principles.

Features

  • Aplia is a Cengage Learning online homework solution dedicated to improving learning by increasing student effort and engagement. With exercises authored by Aplia content experts and drawn directly from or relating to the supporting text, Aplia makes it easy for instructors to assign online homework.

  • CourseMate provides instructors with all of the reporting tools needed to track student engagement, while students can access an interactive ebook and study tools in a dynamic, online learning environment.

About the Author

Robert L. Sexton

Robert L. Sexton is Distinguished Professor of Economics at Pepperdine University. Professor Sexton has also been a Visiting Professor at the University of California at Los Angeles in the Anderson Graduate School of Management and the Department of Economics. Professor Sexton’s research ranges across many fields of economics: economics education, labour economics, environmental economics, law and economics, and economic history. He has written several books and has published numerous reference articles, many in top economic journals such as the American Economic Review, the Southern Economic Journal, the Economics Letters, the Journal of Urban Economics, and the Journal of Economic Education. Professor Sexton has also written more than 100 other articles that have appeared in books, magazines, and newspapers. He received the Pepperdine Professor of the Year Award in 1991, the Harriet and Charles Luckman Teaching Fellow in 1994, the Tyles Professor of the Year in 1997, and the Howard A. White Award for Teaching Excellence in 2011.

Peter N. Fortura

Peter N. Fortura earned his undergraduate degree from Brock University, where he was awarded the Vice-Chancellor’s Medal for academic achievement, and his Master of Arts from the University of Western Ontario in London, Ontario. He has taught economics at Algonquin College in Ottawa for over 20 years. Prior to that, he was an economist in the International Department of the Bank of Canada in Ottawa. Professor Fortura has published articles on Canadian housing prices, Canada’s automotive industry, and Canada’s international competitiveness. As well, he is the author of the Study Guide to Accompany Principles of Macroeconomics, by Mankiw, Kneebone, and McKenzie (Nelson Education, 7th edition), and co-author of the statistics textbook Contemporary Business Statistics with Canadian Applications (Pearson, 3rd edition). He lives in Ottawa with his wife, Cynthia, and their children, Laura and Nicholas.

Colin C. Kovacs

Colin C. Kovacs received his Master of Arts degree from Queen’s University after completing his Bachelor of Arts degree at the University of Western Ontario. He has taught economics, statistics, and finance for nearly 25 years at both the DeVry College of Technology in Toronto and Algonquin College in Ottawa. His research papers have included Determinants of Labour Force Participation Among Older Males in Canada and Minimum Wage—The Past and Future for Ontario. Professor Kovacs lives in Ottawa with his wife, Lindsay, and their children, Rowan, Seth, and Myles.

Table of Contents

Chapter 1: The Role and Method of Economics
Chapter 2: Scarcity, Trade-Offs, and Economic Growth
Chapter 3: Supply and Demand
Chapter 4: Bringing Supply and Demand Together
Chapter 5: Elasticity
Chapter 6: Market Efficiency and Market Failure
Chapter 7: Production and Costs
Chapter 8: Perfect Competition
Chapter 9: Monopoly
Chapter 10: Monopolistic Competition and Oligopoly
Chapter 11: Labour Markets and the Distribution of Income
Chapter 12: The Environment

New to this edition

  • More math! Better variety of questions for instructors to choose from.
  • Review Cards at the back of the text for easy study of chapter’s key points, key terms, and key graphs.
  • Study Guide moved to CourseMate, which provides students with immediate feedback on work.
  • Two new boxes: Business Connection and Economic Debate. Provides opportunities for application.
  • Added coverage of Game Theory to Chapter 10 and Consumer Choice to Chapter 6. (Micro)

Supplements

All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

Aplia 6-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648259 | ISBN-13: 9780176648251)
Aplia 6-months Printed Access Card for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648305 | ISBN-13: 9780176648305)
Aplia 12-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176661638 | ISBN-13: 9780176661632)
Aplia Instant Access Code (6 mths) for Exploring Micro/Macroeconomics  (ISBN-10: 0176662189 | ISBN-13: 9780176662189)

Created by Paul Romer, a leading economist, Aplia enhances teaching and learning by providing online interactive tools and experiments that help economics students become “active learners.” This application allows a tight content correlation between the third Canadian edition of Exploring Microeconomics and Aplia’s online tools.

Aplia Printed Access Card (6 Months) for Exploring Micro/Macroeconomics  (ISBN-10: 0176662146 | ISBN-13: 9780176662141)
Aplia 12-months Instant Acess for Sexton, Exploring Micro/Macroeconomics, Third Canadian Edition  (ISBN-10: 0176660674 | ISBN-13: 9780176660673)
Aplia 12-months Printed Access Card for Sexton, Exploring Micro/Macroeconomics, Third Canadian Edition  (ISBN-10: 0176660771 | ISBN-13: 9780176660772)
CourseMate 6-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176674381 | ISBN-13: 9780176674380)
CourseMate 12-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648178 | ISBN-13: 9780176648176)

Nelson Education’s CourseMate brings course concepts to life with interactive learning and exam preparation tools that integrate with the printed textbook. CourseMate provides immediate feedback that enables students to connect results to the work they have just produced, decreasing their learning curve. It also encourages contact between students and faculty: You can monitor your students’ level of engagement with CourseMate, correlating their efforts to their outcomes. You can even use CourseMate’s quizzes to practise “just in time” teaching by tracking results in the Engagement Tracker and customizing your lesson plans to address student weaknesses. CourseMate for Exploring Microeconomics, Third Canadian Edition, provides an opportunity for students to activate their learning through a multitude of tools:

CourseMate 12-months Printed Access Card for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648224 | ISBN-13: 9780176648220)
Instructors' Resource CD for Exploring Micro-/Macroeconomics  (ISBN-10: 0176647724 | ISBN-13: 9780176647728)

Key instructor ancillaries are provided on the Instructor’s Resource CD (ISBN-0176647724), giving instructors the ultimate tool for customizing lectures and presentations. The Instructor’s Resource CD includes:

Student Supplements

Aplia 6-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648259 | ISBN-13: 9780176648251)
Aplia 6-months Printed Access Card for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648305 | ISBN-13: 9780176648305)
Aplia 12-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176661638 | ISBN-13: 9780176661632)
Aplia Instant Access Code (6 mths) for Exploring Micro/Macroeconomics  (ISBN-10: 0176662189 | ISBN-13: 9780176662189)

Created by Paul Romer, a leading economist, Aplia enhances teaching and learning by providing online interactive tools and experiments that help economics students become “active learners.” This application allows a tight content correlation between the third Canadian edition of Exploring Microeconomics and Aplia’s online tools.

Aplia Printed Access Card (6 Months) for Exploring Micro/Macroeconomics  (ISBN-10: 0176662146 | ISBN-13: 9780176662141)
Aplia 12-months Instant Acess for Sexton, Exploring Micro/Macroeconomics, Third Canadian Edition  (ISBN-10: 0176660674 | ISBN-13: 9780176660673)
Aplia 12-months Printed Access Card for Sexton, Exploring Micro/Macroeconomics, Third Canadian Edition  (ISBN-10: 0176660771 | ISBN-13: 9780176660772)
CourseMate 6-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176674381 | ISBN-13: 9780176674380)
CourseMate 12-months Instant Access for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648178 | ISBN-13: 9780176648176)

Nelson Education’s CourseMate brings course concepts to life with interactive learning and exam preparation tools that integrate with the printed textbook. CourseMate provides immediate feedback that enables students to connect results to the work they have just produced, decreasing their learning curve. It also encourages contact between students and faculty: You can monitor your students’ level of engagement with CourseMate, correlating their efforts to their outcomes. You can even use CourseMate’s quizzes to practise “just in time” teaching by tracking results in the Engagement Tracker and customizing your lesson plans to address student weaknesses. CourseMate for Exploring Microeconomics, Third Canadian Edition, provides an opportunity for students to activate their learning through a multitude of tools:

CourseMate 12-months Printed Access Card for Sexton, Exploring Microeconomics, Third Canadian Edition  (ISBN-10: 0176648224 | ISBN-13: 9780176648220)