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Microeconomics / Edition 2

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Overview

Beginning at the intermediate level and ending at a level appropriate for the graduate student, this is a core text for upper level undergraduate and taught graduate microeconomics courses.
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Product Details

  • ISBN-13: 9780201637731
  • Publisher: Pearson
  • Publication date: 7/25/2000
  • Edition description: Older Edition
  • Edition number: 2
  • Pages: 703
  • Product dimensions: 7.36 (w) x 9.13 (h) x 0.49 (d)

Table of Contents

1 The nature and scope of microeconomics 1
2 The theory of the consumer 11
3 Consumer theory : duality 46
4 Further models of consumer behaviour 71
5 Production 92
6 Cost 111
7 Supply and firm objectives 143
8 The theory of a competitive market 170
9 Monopoly 190
10 Input markets 210
11 Capital markets 227
12 General equilibrium 250
13 Welfare economics 279
14 Market failure and government failure 314
15 Game theory 346
16 Oligopoly 400
17 Choice under uncertainty 446
18 Production under uncertainty 491
19 Insurance, risk spreading and pooling 507
20 Agency, contract theory and the firm 553
21 General equilibrium under uncertainty and incomplete markets 602
App. A The structure of an optimization problem 657
App. B Solutions to optimization problems 660
App. C Existence of solutions 670
App. D Local and global optima 672
App. E Uniqueness of solutions 675
App. F Interior and boundary optima 677
App. G Location of the optimum : the method of Lagrange 679
App. H Concave programming and the Kuhn-Tucker conditions 686
App. I Second-order conditions and comparative statics 696
App. J The envelope theorem 708
App. K Fixed point theorems 710
App. L Bayes's rule 712
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