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Price Theory and Applications / Edition 7
     

Price Theory and Applications / Edition 7

by Steven Landsburg
 

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ISBN-10: 0324579934

ISBN-13: 9780324579932

Pub. Date: 01/28/2008

Publisher: Cengage Learning

Landsburg (University of Rochester) studies the ways in which individuals and firms make choices, and the ways in which these choices interact with each other. He focuses on positive questions as to what is or will be, as opposed to normative speculation about what ought to be. The intermediate textbook examines both the market for goods which are supplied by firms

Overview

Landsburg (University of Rochester) studies the ways in which individuals and firms make choices, and the ways in which these choices interact with each other. He focuses on positive questions as to what is or will be, as opposed to normative speculation about what ought to be. The intermediate textbook examines both the market for goods which are supplied by firms and purchased by individuals, and the market for inputs to the production process (such as labor) that are supplied by individuals and purchased by firms. The sixth edition incorporates more current examples from the new economy. Annotation ©2004 Book News, Inc., Portland, OR

Product Details

ISBN-13:
9780324579932
Publisher:
Cengage Learning
Publication date:
01/28/2008
Pages:
1

Table of Contents


1. Supply, Demand, and Equilibrium. 2. Prices, Costs, and the Gains from Trade. 3. The Behavior of Consumers. Appendix: Cardinal Utility. 4. Consumers in the Marketplace. 5. The Behavior of Firms. 6. Production and Costs. 7. Competition. 8. Welfare Economics and the Gains from Trade. Appendix: Normative Criteria. 9. Knowledge and Information. 10. Monopoly. 11. Market Power, Collusion, and Oligopoly. 12. The Theory of Games. 13. External Costs and Benefits. 14. Common Property and Public Goods. 15. The Demand for Factors of Production. 16. The Market for Labor. 17. Allocating Goods over Time. 18. Risk and Uncertainty. 19. What Is Economics? Appendix A: Calculus Supplement. Appendix B: Answers to Exercises. Appendix C: Answers to Problem Sets.

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