The late Clem Tisdell, formerly Professor Emeritus, School of Economics, The University of Queensland, Australia and Keith Hartley, Emeritus Professor, Economics Department, University of York, UK

’The new and updated edition of Microeconomic Policy provides an excellent blend of theory and application to foster understanding of economic-based policy making. The book is eclectic in its approach and addresses a rich set of current applications. It is an ideal book for teaching microeconomic-based policy analysis to students.’

• Contents: Preface Preface to Earlier Book Part I: The Methodology of Microeconomic Policy 1. How Do Economists Approach Microeconomic Policy? 2. Why do Governments Need Microeconomic Polices? 3. Relevance to Business Management of Microeconomics and Microeconomic Policy Part II: Demand, Supply, Markets and Policy 4. Competitive Markets and Price Regulation 5. Consumers and Policy 6. Costs, Supply and Policy Part III: 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? Part IV: Factor Markets and Policy 11. Labour Markets 12. Human Capital and Social Policy 13. Trade Unions Part V: Public Choice 14. Do Votes Determine Polices? A Public Choice Perspective on Policy 15. The Contract State Part VI: Global Applications 16. The State of the Environment and the Availability of Natural Resources 17. Defence, Disarmament and Conflict Index

The late Clem Tisdell, formerly Professor Emeritus, School of Economics, The University of Queensland, Australia and Keith Hartley, Emeritus Professor, Economics Department, University of York, UK

’The new and updated edition of Microeconomic Policy provides an excellent blend of theory and application to foster understanding of economic-based policy making. The book is eclectic in its approach and addresses a rich set of current applications. It is an ideal book for teaching microeconomic-based policy analysis to students.’

• Contents: Preface Preface to Earlier Book Part I: The Methodology of Microeconomic Policy 1. How Do Economists Approach Microeconomic Policy? 2. Why do Governments Need Microeconomic Polices? 3. Relevance to Business Management of Microeconomics and Microeconomic Policy Part II: Demand, Supply, Markets and Policy 4. Competitive Markets and Price Regulation 5. Consumers and Policy 6. Costs, Supply and Policy Part III: 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? Part IV: Factor Markets and Policy 11. Labour Markets 12. Human Capital and Social Policy 13. Trade Unions Part V: Public Choice 14. Do Votes Determine Polices? A Public Choice Perspective on Policy 15. The Contract State Part VI: Global Applications 16. The State of the Environment and the Availability of Natural Resources 17. Defence, Disarmament and Conflict Index

The late Clem Tisdell, formerly Professor Emeritus, School of Economics, The University of Queensland, Australia and Keith Hartley, Emeritus Professor, Economics Department, University of York, UK

’The new and updated edition of Microeconomic Policy provides an excellent blend of theory and application to foster understanding of economic-based policy making. The book is eclectic in its approach and addresses a rich set of current applications. It is an ideal book for teaching microeconomic-based policy analysis to students.’

• Contents: Preface Preface to Earlier Book Part I: The Methodology of Microeconomic Policy 1. How Do Economists Approach Microeconomic Policy? 2. Why do Governments Need Microeconomic Polices? 3. Relevance to Business Management of Microeconomics and Microeconomic Policy Part II: Demand, Supply, Markets and Policy 4. Competitive Markets and Price Regulation 5. Consumers and Policy 6. Costs, Supply and Policy Part III: 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? Part IV: Factor Markets and Policy 11. Labour Markets 12. Human Capital and Social Policy 13. Trade Unions Part V: Public Choice 14. Do Votes Determine Polices? A Public Choice Perspective on Policy 15. The Contract State Part VI: Global Applications 16. The State of the Environment and the Availability of Natural Resources 17. Defence, Disarmament and Conflict Index