Price Theory and Applications / Edition 5

Price Theory and Applications / Edition 5

by Steven E. Landsburg, University of Rochester Staff
     
 

ISBN-10: 0324059795

ISBN-13: 9780324059793

Pub. Date: 07/01/2001

Publisher: South-Western

Intermediate microeconomics is both fun and intellectually challenging in this new edition, written by the author of The Armchair Economist, the popular trade book that explains basic economics to the general public. The text provides an exceptionally friendly and application-rich presentation, combined with a rigorous and careful development of microeconomic theory…  See more details below

Overview

Intermediate microeconomics is both fun and intellectually challenging in this new edition, written by the author of The Armchair Economist, the popular trade book that explains basic economics to the general public. The text provides an exceptionally friendly and application-rich presentation, combined with a rigorous and careful development of microeconomic theory. All of the standard topics of intermediate price theory are included, as well as innovative topics such as alternative normative criteria, efficient asset markets, contestable markets, antitrust law, human capital, and the demand for public goods. A unique unifying theme of social welfare is used with little higher-level mathematics.

Product Details

ISBN-13:
9780324059793
Publisher:
South-Western
Publication date:
07/01/2001
Series:
Swc-General Business Series
Edition description:
Older Edition
Pages:
780
Product dimensions:
8.26(w) x 10.34(h) x 1.35(d)

Table of Contents

Preface
Ch. 1Supply, Demand, and Equilibrium1
Ch. 2Prices, Costs, and the Gains from Trade32
Ch. 3The Behavior of Consumers48
Ch. 4Consumers in the Marketplace84
Ch. 5The Behavior of Firms119
Ch. 6Production and Costs143
Ch. 7Competition184
Ch. 8Welfare Economics and the Gains from Trade237
Ch. 9Knowledge and Information302
Ch. 10Monopoly339
Ch. 11Market Power, Collusion, and Oligopoly378
Ch. 12The Theory of Games427
Ch. 13External Costs and Benefits447
Ch. 14Common Property and Public Goods490
Ch. 15The Demand for Factors of Production511
Ch. 16The Market for Labor537
Ch. 17Allocating Goods Over Time563
Ch. 18Risk and Uncertainty607
Ch. 19What is Economics?648
App. A: Calculus Supplement671
App. B: Answers to Exercises701
App. C: Answers to Problem Sets714
Glossary731
Index739

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