Synopsis
This text fits the undergraduate intermediate Microeconomics course. This book provides the most clear and concise introduction to economic analysis of how markets operate. This edition has a renewed commitment to streamlining the presentation of the material.
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Review
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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Study Guide to accompany Intermediate Microeconomics
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South-Western College Pub, 2000
ISBN 10: 0030259185
ISBN 13: 9780030259180
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Study Guide to accompany Intermediate Microeconomics
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