
- 576 pages
- English
- PDF
- Available on iOS & Android
About this book
Microeconomics: Theory & Applications, 13 th Edition teaches students how fundamental tools of analysis are used explain and predict market phenomena. Designed for both economics and business students, this thorough yet accessible textbook describes basic microeconomic principles using various applications to clarify complicated economic concepts and provides an essential foundation of microeconomics knowledge. Clear and engaging chapters discuss cutting-edge models and explore numerous real-world examples of microeconomic theory in action.
Comprehensive and topically relevant, this textbook offers greater coverage of input market analysis and applications than other texts on the subject. In-depth applications, such as consumer choice theory and noncompetitive market models, complement over 100 shorter applications that reinforce the graphical and logical techniques developed in the theory chapters. The authors' innovative use of relatable applications promotes student engagement and comprehension, and facilitates a case-based, active-learning approach. Discussion of globalization, ethics, sustainability, and other important contemporary themes helps students understand how economics impacts their lives in various, often unexpected ways.
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Information
Table of contents
- Cover
- Title Page
- Copyright
- Preface
- Acknowledgments
- Table of ContentsÂ
- Applications
- Chapter 1 An Introduction to Microeconomics
- Chapter 2 Supply and Demand
- Chapter 3 The Theory of Consumer Choice
- Chapter 4 Individual and Market Demand
- Chapter 5 Using Consumer Choice Theory
- Chapter 6 Exchange, Efficiency, and Prices
- Chapter 7 Production
- Chapter 8 The Cost of Production
- Chapter 9 Profit Maximization in Perfectly Competitive Markets
- Chapter 10 Using the Competitive Model
- Chapter 11 Monopoly
- Chapter 12 Product Pricing with Monopoly Power
- Chapter 13 Monopolistic Competition and Oligopoly
- Chapter 14 Game Theory and the Economics of Information
- Chapter 15 Using Noncompetitive Market Models
- Chapter 16 Employment and Pricing of Inputs
- Chapter 17 Wages, Rent, Interest, and Profit
- Chapter 18 Using Input Market Analysis
- Chapter 19 General Equilibrium Analysis and Economic Efficiency
- Chapter 20 Public Goods and Externalities
- Answers to Selected Problems
- Glossary
- Index
- EULA