Study Guide for Nicholson/Snyder's Intermediate Microeconomics, 10th / Edition 10

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Included within each chapter of the study guide: Learning Objectives, Walking Tour Summaries, which are chapter outlines requiring fill-in answers, Multiple Choice questions, and Running Glossary fill-in questions. Answers are included for all questions.

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Product Details

  • ISBN-13: 9780324319712
  • Publisher: Cengage Learning
  • Publication date: 7/31/2006
  • Edition description: Study Guid
  • Edition number: 10
  • Pages: 320
  • Product dimensions: 8.50 (w) x 10.80 (h) x 0.80 (d)

Meet the Author

Walter Nicholson is the Ward H. Patton Professor of Economics at Amherst College. He received his B.A. in mathematics from Williams College and his Ph.D. in economics from MIT. Professor Nicholson's principal research interests are in the econometric analyses of labor market problems including unemployment, job training, and the impact of international trade. Professor Nicholson and his wife, Susan, live in Amherst, Massachusetts, and Naples, Florida. What was previously a very busy household, with four children everywhere, is now rather empty, with only one rather aged Labrador retriever still underfoot. But an ever-increasing number of grandchildren breathe some life into these places whenever they visit, which seems far too seldom.

Christopher M. Snyder is a Professor of Economics at Dartmouth College. He received his B.A. in economics and mathematics from Fordham University and his Ph.D. in economics from MIT. Before coming to Dartmouth in 2005, he taught at George Washington University for over a decade, and he has been a visiting professor at the University of Chicago and MIT. He is currently President of the Industrial Organization Society and Associate Editor of the International Journal of Industrial Organization and Review of Industrial Organization. His research covers various theoretical and empirical topics in industrial organization, contract theory, and law and economics. Professor Snyder and his wife Maura Doyle (who also teaches economics at Dartmouth) live within walking distance of campus in Hanover, New Hampshire, with their three elementary-school-aged daughters.

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Table of Contents

To the Student     v
Economic Models     1
Mathematics Used in Microeconomics     9
Introduction Review     18
Utility and Choice     28
Individual Demand Curves     40
Market Demand and Elasticity     56
Demand Review     66
Uncertainty and Strategy
Uncertainty     85
Game Theory     93
Uncertainty and Strategy Review     100
Production, Costs, and Supply
Production     103
Costs     114
Profit Maximization and Supply     128
Production, Costs, and Supply Review     138
Perfect Competition
Perfect Competition in a Single Market     147
Applying the Competitive Model     163
General Equilibrium and Welfare     173
Perfect Competition Review     188
Market Power
Monopoly     199
Imperfect Competition     212
Market Power Review     220
Further Topics
Pricing in Input Markets     225
Labor Supply     238
Capital and Time     244
Compound Interest     256
Asymmetric Information     262
Externalities andPublic Goods     269
Further Topics Review     281
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