Microeconomics Theory and Applications / Edition 6

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Overview

Written in a style designed to motivate readers and capture their interest, the 6th edition of this text, featuring hundreds of real-world examples and applications brings microeconomic theory to life.
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Editorial Reviews

Booknews
New edition of a microeconomics text that provides the fundamental tools of analysis and shows how the tools can be used to analyze both old and new economy markets. In addition to core principles, it emphasizes input market analysis and public policy issues. Although all chapters contain applictions, four of them are devoted exclusively to longer examples that use and reinforce the graphical and logical techniques developed in the theory chapters. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780471364429
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 8/28/1998
  • Series: Addison-Wesley Series in Economics Series
  • Edition description: Older Edition
  • Edition number: 6
  • Pages: 608
  • Product dimensions: 8.30 (w) x 10.31 (h) x 1.08 (d)

Table of Contents

An Introduction to Microeconomics.

Supply and Demand.

The Theory of Consumer Choice.

Individual and Market Demand.

Using Consumer Choice Theory.

Production.

The Cost of Production.

Profit Maximization in Perfectly Competitive Markets.

Using the Competitive Model.

Monopoly.

Product Pricing with Monopoly Power.

Monopolistic Competition and Oligopoly.

Game Theory and the Economics of Information.

Using Noncompetitive Market Models.

Employment and Pricing of Inputs.

Wages, Rent, Interest, and Profit.

Using Input Market Analysis.

General Equilibrium Analysis and Economic Efficiency.

Public Goods and Externalities.

Mathematical Appendix.

Answers to Selected Problems.

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