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Microeconomic Theory By Walter Nicholson

Microeconomic Theory
by Walter Nicholson

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Microeconomic Theory Summary

Microeconomic Theory: Basic Principles and Extensions,(with Economic Applications and InfoTrac): With Economic Applications and Infotrac by Walter Nicholson

Offering the most cutting-edge coverage available, the 10th edition of the market-leading MICROECONOMIC THEORY: BASIC PRINCIPLES AND EXTENSIONS, INTERNATIONAL EDITION delivers a text that is rigorous yet accessible, accurate in theory yet practical in application, thorough yet concise. Now at a more succinct 19 chapters, this tried-and-true, widely popular text is known as the "bible of microeconomics," offering the most clear and accurate presentation of advanced microeconomic concepts. For the new edition, proven author and economic authority Walter Nicholson is joined by new co-author Chris Snyder, a professor of economics at Dartmouth College. These highly respected economists draw from their wealth of experience in the classroom and the marketplace, giving the book a practical, real-world perspective. Taking a calculus-based approach, MICROECONOMIC THEORY provides an ideal level of mathematical rigor for upper level undergraduate students and beginning graduate students. Extremely reader-friendly, the book is designed to help students truly understand and apply economic models as it enables them to work directly with theoretical tools, real-world applications, and the latest developments in the study of microeconomics. Insightful graphic presentations help visual learners see the connections between the calculus and the algebra/geometry of the same material. In addition, end-of-chapter problems are now presented in two tiers: Simple numerical/mathematical exercises, which build student intuition, are followed by more analytical, theoretical, and complex problems. Unlike other, more theoretical texts, MICROECONOMIC THEORY presents theory in an accessible way as well as illustrates how it applies in the real world.

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Table of Contents

PART 1: INTRODUCTION. 1. Economic Models. 2. Mathematics used in Microeconomics. PART 2: CHOICE AND DEMAND. 3. Preferences and Utility. 4. Utility Maximization and Choice. 5. Income and Substitution Effects. 6. Demand Relationships Among Goods. 7. Uncertainty and Information. 8. Strategy and Game Theory. PART 3: PRODUCTION AND SUPPLY. 9. Production Functions. 10. Cost Functions. 11. Profit Maximization. PART 4: COMPETITIVE MARKETS. 12. The Partial Equilibrium Competitive Market. 13. General Equilibrium and Welfare. PART 5: MARKET POWER. 14. Monopoly. 15. Imperfect Competition. PART 6: PRICING IN INPUT MARKETS. 16. Labor Markets. 17. Capital and Time. PART 7: MARKET FAILURE. 18. Asymmetric Information. 19. Externalities and Public Goods.

Additional information

Microeconomic Theory: Basic Principles and Extensions,(with Economic Applications and InfoTrac): With Economic Applications and Infotrac by Walter Nicholson
Walter Nicholson
Used - Very Good
Cengage Learning, Inc
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.