Intermediate Microeconomics and Its Application (with Economic Applications and InfoTrac 2-Semester Printed Access Cards) / Edition 11

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Overview

INTERMEDIATE MICROECONOMICS AND ITS APPLICATION offers an exceptionally clear and concise introduction to the economics of markets. This proven text uses a managerial focus and includes relevant applications and strong examples, with an algebraic approach, and emphasizes activities that allow you to learn by doing. Your purchase also includes two time-saving resources: access to InfoTrac College Edition's online university library, and online study tools through Economic Applications! With Economic Applications, you'll have online access to study and review materials that will help you succeed in the course, and InfoTrac College Edition lets you save time, save money, and eliminate the trek to the library. Simply log in and access a library of more than 5,000 academic and popular magazines, newspapers, and journals.

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Product Details

  • ISBN-13: 9780324599107
  • Publisher: Cengage Learning
  • Publication date: 8/12/2009
  • Edition description: New Edition
  • Edition number: 11
  • Pages: 688
  • Sales rank: 939,012
  • Product dimensions: 8.10 (w) x 9.40 (h) x 1.30 (d)

Meet the Author

Walter Nicholson is the Ward H. Patton Professor of Economics at Amherst College where he enjoys introducing students to strange kinds of things economists have tried to model. By combining law and economics, he found the perfect match between interesting economic theory and important social questions that he could use to encourage students to speak accurately about economics. Nicholson received his Ph.D. in economics from MIT and has been published in numerous journals such as the Monthly Labor Review, The Journal of Economic Perspectives, and The Review of Economics and Statistics.

Christopher Snyder specializes in the fields of industrial organization, microeconomic theory, and law and economics. He received his Ph.D. in Economics from the Massachusetts Institute of Technology in 1994 before joining the Economics Department at Dartmouth in 2005.He has also taught at George Washington University and has held visiting positions at M.I.T. and the University of Chicago.

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Table of Contents

PART 1 INTRODUCTION. 1 Economic Models. Appendix: Mathematics Used in Microeconomics. PART 2 DEMAND. 2 Utility and Choice. 3 Demand Curves. PART 3 UNCERTAINTY AND STRATEGY. 4 Uncertainty. 5 Game Theory. PART 4 PRODUCTION, COSTS, AND SUPPLY. 6 Production. 7 Costs. 8 Profit Maximization and Supply. PART 5 PERFECT COMPETITION. 9 Perfect Competition in a Single Market. 10 General Equilibrium and Welfare. PART 6 MARKET POWER. 11 Monopoly. 12 Imperfect Competition. PART 7 INPUT MARKETS. 13 Pricing in Input Markets. Appendix: Labor Supply. 14 Capital and Time. Appendix: Compound Interest. PART 8 MARKET FAILURES. 15 Asymmetric Information. 16 Externalities and Public Goods. 17 Behavioral Economics.

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