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Now available in an eighth edition Intermediate Microeconomics and its Application still offers the most clear and concise introduction to economic analysis of how markets operate. The author's streamlined approach to the material and lively new discussions offer students a textbook that is easy to learn from and interesting to read. Completely updated, the text now features expanded coverage of modern finance theory and new applications dealing with current topics such as Internet Auctions.
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PART 1: INTRODUCTION. 1. Economic Models. Appendix: Mathematics Used In Microeconomics. PART 2: DEMAND. 2. Utility and Choice. 3. Individual Demand Curves. 4. Market Demand and Elasticity. PART 3: UNCERTAINTY and STRATEGY. 5. Uncertainty. 6. Game Theory and Strategy. PART 4: PRODUCTION, COSTS and SUPPLY. 7. Production. 8. Costs. 9. Profit Maximization and Supply. PART 5: PERFECT COMPETITION 10. Perfect Competition in a Single Market. 11. Applying the Competitive Model. 12. General Equilibrium and Welfare. PART 6: MARKET POWER. 13. Monopoly. 14. Imperfect Competition. PART 7: ADDITIONAL TOPICS. 15. Input Markets. Appendix: Individual Labour Supply. 16. Capital and Time. Appendix: Compound Interest. 17. Asymmetric Information. 18. Externalities and Public Goods.
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Intermediate Microeconomics and Its Applications (The Dryden Press Series in Economics)
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Intermediate Microeconomics and Its Application
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ISBN 10: 0030259169
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Intermediate Microeconomics and Its Application
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ISBN 10: 0030259169
ISBN 13: 9780030259166
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Intermediate Microeconomics and Its Application
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Intermediate Microeconomics and Its Application
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ISBN 10: 0030259169
ISBN 13: 9780030259166
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