Microeconomic Theory: Basic Principles and Extensions / Edition 7

Microeconomic Theory: Basic Principles and Extensions / Edition 7

by Walter Nicholson
     
 

ISBN-10: 0030244749

ISBN-13: 9780030244742

Pub. Date: 11/28/1997

Publisher: Dryden Press FL

Offering the most cutting-edge coverage available, the 10th edition of the market-leading MICROECONOMIC THEORY: BASIC PRINCIPLES AND EXTENSIONS delivers a text that is rigorous yet accessible, accurate in theory yet practical in application, thorough yet concise. Now at a more succinct 19 chapters, this tried-and-true, widely popular text is known as the "bible of…  See more details below

Overview

Offering the most cutting-edge coverage available, the 10th edition of the market-leading MICROECONOMIC THEORY: BASIC PRINCIPLES AND EXTENSIONS delivers a text that is rigorous yet accessible, accurate in theory yet practical in application, thorough yet concise. Now at a more succinct 19 chapters, this tried-and-true, widely popular text is known as the "bible of microeconomics," offering the most clear and accurate presentation of advanced microeconomic concepts. For the new edition, proven author and economic authority Walter Nicholson is joined by new co-author Chris Snyder, a professor of economics at Dartmouth College. These highly respected economists draw from their wealth of experience in the classroom and the marketplace, giving the book a practical, real-world perspective. Taking a calculus-based approach, MICROECONOMIC THEORY provides an ideal level of mathematical rigor for upper level undergraduate students and beginning graduate students. Extremely reader-friendly, the book is designed to help students truly understand and apply economic models as it enables them to work directly with theoretical tools, real-world applications, and the latest developments in the study of microeconomics. Insightful graphic presentations help visual learners see the connections between the calculus and the algebra/geometry of the same material. In addition, end-of-chapter problems are now presented in two tiers: Simple numerical/mathematical exercises, which build student intuition, are followed by more analytical, theoretical, and complex problems. Unlike other, more theoretical texts, MICROECONOMIC THEORY presents theory in an accessible way as well as illustrates how it appliesin the real world.

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Product Details

ISBN-13:
9780030244742
Publisher:
Dryden Press FL
Publication date:
11/28/1997
Series:
Dryden Press Series in Economics
Edition description:
Older Edition
Pages:
821
Product dimensions:
7.72(w) x 9.38(h) x 1.35(d)

Related Subjects

Table of Contents

Pt. IIntroduction1
Ch. 1Economic Models3
Ch. 2The Mathematics of Optimization23
Pt. IIChoice and Demand67
Ch. 3Preferences and Utility69
Ch. 4Utility Maximization and Choice98
Ch. 5Income and Substitution Effects125
Ch. 6Demand Relationships among Goods164
Ch. 7Market Demand and Elasticity184
Pt. IIIChoice under Uncertainty209
Ch. 8Choice in Uncertain Situations: Expected Utility and Risk Aversion211
Ch. 9The Economics of Information242
Ch. 10Game Theory and Strategic Equilibrium265
Pt. IVProduction and Supply287
Ch. 11Production Functions289
Ch. 12Costs322
Ch. 13Profit Maximization and Supply363
Pt. VPerfect Competition397
Ch. 14The Partial Equilibrium Competitive Model399
Ch. 15Applied Competitive Analysis438
Ch. 16General Competitive Equilibrium459
Ch. 17The Efficiency of Perfect Competition501
Pt. VIModels of Imperfect Competition543
Ch. 18Models of Monopoly545
Ch. 19Traditional Models of Imperfect Competition580
Ch. 20Game Theory Models of Pricing610
Pt. VIIPricing in Input Markets633
Ch. 21Firms' Demands for Inputs635
Ch. 22Labor Supply666
Ch. 23Capital690
Pt. VIIILimits of the Market727
Ch. 24Externalities and Public Goods729
Ch. 25Public Choice Theory757
Brief Answers to Queries781
Solutions to Odd-Numbered Problems791
Glossary of Frequently used Terms801
Name Index809
Subject Index813

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