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Microeconomics: Theory and Applications with Calculus / Edition 1

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Overview

For all intermediate Microeconomics courses at the undergraduate or graduate level. This text is also suitable for readers interested in calculus-based intermediate microeconomics.

Understand the practical, problem-solving aspects of microeconomic theory.

Microeconomics: Theory and Applications with Calculus uses calculus, algebra, and graphs to present microeconomic theory using actual examples, and then encourages readers to apply the theory to analyze real-world problems.

The Third Edition has been substantially revised, 80% of the Applications are new or updated, and there are 24 new Solved Problems. Every chapter (after Chapter 1) contains a new feature (the Challenge and the Challenge Solution) and has many new end-of-chapter exercises.

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Product Details

  • ISBN-13: 9780321277947
  • Publisher: Addison Wesley
  • Publication date: 9/20/2007
  • Series: Pearson Custom Business Resources Series
  • Edition description: Older Edition
  • Edition number: 1
  • Pages: 800
  • Product dimensions: 8.16 (w) x 10.32 (h) x 1.27 (d)

Meet the Author

Jeffrey M. Perloff is a professor in the Department of Agricultural and Resource Economics at the University of California at Berkeley. His economic research covers industrial organization, marketing, labor, trade, and econometrics. His textbooks are Modern Industrial Organization (coauthored with Dennis Carlton) and Microeconomics. He has been an editor of Industrial Relations and an associate editor of the American Journal of Agricultural Economics. He is an associate editor of the Journal of Productivity Analysis and edits the Journal of Industrial Organization Education. He has consulted with nonprofit organizations and government agencies (including the Federal Trade Commission and the Departments of Commerce, Justice, and Agriculture) on topics ranging from a case of alleged Japanese television dumping to the evaluation of social programs. He has also conducted research in psychology. He is a fellow of the American Agricultural Economics Association. He received his B.A. in economics from the University of Chicago in 1972 and his Ph.D. in economics from the Massachusetts Institute of Technology in 1976. He was previously an assistant professor in the Department of Economics at the University of Pennsylvania.

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Table of Contents

1. Introduction
2. Supply and Demand
3. A Consumer’s Constrained Choice
4. Demand
5. Consumer Welfare and Policy Analysis
6. Firms and Production
7. Costs
8. Competitive Firms and Markets
9. Properties and Applications of the Competitive Model
10. General Equilibrium and Economic Welfare
11. Monopoly
12. Pricing and Advertising
13. Game Theory
14. Oligopoly and Monopolistic Competition
15. Factor Markets

16. Uncertainty
17. Externalities, Open Access, and Public Goods
18. Asymmetric Information
19. Contracts and Moral Hazards

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