Microeconomics: An Intuitive Approach with Calculus (Book Only)

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Overview

Is it more efficient to rent a car or take taxis while on vacation? How do coupons change demand? MICROECONOMICS: AN INTUITIVE APPROACH WITH CALCULUS explains the economic theory underlying day-to-day choices. The A sections of each chapter introduce concepts using intuition, a conversational writing style, everyday examples, and graphs. The B sections cover the same concepts with accessible mathematical analyses. Each copy includes access to online LiveGraphs — a suite of interactive, animated graphs that allows you to view dimensional graphs and functions illustrated in the book, as well as some additional graphs that are not in the printed text.

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Product Details

  • ISBN-13: 9781439039991
  • Publisher: Cengage Learning
  • Publication date: 1/11/2010
  • Pages: 1224
  • Product dimensions: 8.20 (w) x 10.00 (h) x 1.70 (d)

Meet the Author

Professor Nechyba, who received his PhD from the University of Rochester in 1994, joined the Duke faculty in 1999 after spending five years on the faculty at Stanford University. He has lectured as a Visiting Professor at the Fundacao Getulio Vargas in Rio de Janeiro and the Center for Economic Studies at the University of Munich, and he held the year-long National Fellowship at the Hoover Institution on War, Revolution and Peace at Stanford in 1998/99. Professor Nechyba is currently a Research Associate at the National Bureau of Economic Research and serves as Associate Editor for the American Economic Review, International Tax and Public Finance, and The BE Journals of Economic Analysis and Policy. He has previously served as Director of Undergraduate Studies in the Department of Economics at Duke and is currently Department Chair. His research, which has been funded by agencies such as the National Science Foundation and the Spencer Foundation, lies in the field of public economics, with particular focus on primary and secondary education, federalism and the functioning of local governments, as well as public policy issues relating to disadvantaged families.

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Table of Contents


1. Introduction. Part I: CONSUMERS, WORKERS AND SAVERS/BORROWERS.
2. Choice Sets and Budget Constraints.
3. Choice Sets in Labor and Financial Markets.
4. Tastes and Indifference Curves.
5. Different Types of Tastes.
6. Doing the Best We Can.
7. Income and Substitution Effects in Consumer Goods Markets.
8. Wealth and Substitution Effects in Labor and Financial Markets.
9. Demand for Goods and Supply of Labor and Capital.
10. Consumer Surplus and Dead Weight Loss. Part II: PRODUCERS (OR FIRMS).
11. Single Input Production.
12. Production with Multiple Inputs.
13. Production Decisions in the Short and Long Run. Part III: PRICES, MARKETS, AND THE FUNDAMENTAL WELFARE THEOREMS.
14. Competitive Market Equilibrium.
15. The Invisible Hand and Market Equilibrium.
16. General Equilibrium.
17. Risk and Uncertainty. Part IV: DISTORTIONS OF THE INVISIBLE HAND IN COMPETITIVE MARKETS.
18. Elasticities, Price Distorting Policies and Non-Price Rationing.
19. Taxes and Subsidies.
20. Interference with Trading Across Time and Space.
21. Production and Consumption Externalities.
22. Asymmetric Information (Insurance Markets, Discrimination). Part V: DISTORTIONS OF THE INVISIBLE HAND FROM NON-COMPETITIVE MARKETS.
23. An Introduction to Game Theory.
24. Market Power: Monopoly and Monopsony.
25. Innovation and Monopolistic Competition.
26. Oligopoly.
27. Public Goods. Part VI: MAKING THE WORLD A BETTER PLACE.
28. Governments and Politics.
29. What is Good?
30. Balancing Government, Civil Society and Markets.
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