Microeconomics David Besanko Study Guide - Microeconomics (The Pearson Series in Economics) - Kindle edition by Daron Acemoglu, David Laibson, John List. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Microeconomics (The Pearson Series in Economics).. The Practice of Statistics for Business and Economics on Amazon.com. *FREE* shipping on qualifying offers.. Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. In a capitalist market economy, decision-making and investment are determined by every owner of wealth, property.