Microeconomics

Series
Financial Times
Author
Saul Estrin / Michael Dietrich / David Laidler  
Publisher
Pearson
Cover
Softcover
Edition
6
Language
English
Total pages
600
Pub.-date
July 2012
ISBN13
9780273734871
ISBN
0273734873
Related Titles


Product detail

Product Price CHF Available  
9780273734871
Microeconomics
91.80 approx. 7-9 days

Description

This new edition builds a comprehensive picture of the microeconomic tools required to solve a wide range of problems by using an innovative combination of written, illustrative and mathematical analysis.  It helps the reader to think like an economist - in particular demonstrating how individuals, firms and policy-makers decide their best course of action.

Features

    • Rigorous mathematical analysis

    • Worked examples that develop key ideas and concepts

    • End of chapter problems for extra practice

New to this Edition

  • New chapters on decision theory and game theory
  • Fully updated throughout, including new boxed worked examples
  • Detailed new coverage on the tragedy of the commons, auctions and corporate
    governance
  • Diagrammatic and mathematical analysis.

Table of Contents

Chapter I Introduction

Part 1THE THEORY OF CONSUMER BEHAVIOUR

Chapter 2      The basic theory of consumer choice

Chapter3       Money income and real income

Chapter 4      Utility

 

Part II Consumer Theory: Further Topics

Chapter 5      Intertemporal choice

Chapter 6      Choice in the face of risk

Chapter 7      Decision Making: further analysis

 

Part III Production and Costs

Chapter 8      Production

Chapter 9      Costs

Chapter 10     Production functions, cost functions, and the demand for factors of production

 

Part IV Basic Theory of the Firm

Chapter 11     Perfect competition

Chapter 12     Monopoly

Chapter 13     Product differentiation and monopolistic competition

 

Part V Oligopoly and Strategic Interaction

Chapter 14     Imperfect Competition – an introduction

Chapter 15     Oligopoly and strategic interaction

Chapter 16     Game theory

Chapter 17     Game Theory II

 

Part VI Factor Markets

Chapter 18     Factor demand

Chapter 19     Factor supply

Chapter 20     Labour markets – trade unions and bargaining

 

Part VII General Equilibrium and Welfare

Chapter 21     The exchange economy

Chapter 22     General equilibrium with production

Chapter 23     Welfare economics

 

Part VIII Missing Markets

Chapter 24     Externalities, public goods and Taxes

Chapter 25     Economics of information

Chapter 26     Public choice

 

 

Back Cover

Your complete guide to Microeconomic principles, theory and application

Think like an economist... the new sixth edition equips you with the microeconomic tools to help you understand how individuals, firms and policy-makers decide their best course of action. This comprehensive text has been fully updated in light of recent developments in microeconomics, providing a balance of theory and examples to demonstrate the relevance of applying microeconomic principles to effectively analyse and solve a wide range of economic problems.

New for this edition

·         New chapters on decision theory and game theory

·         Fully updated throughout, including new boxed worked examples

·         Detailed new coverage on the tragedy of the commons, auctions and corporate governance

·         Diagrammatic and mathematical analysis.

Microeconomics caters for all students who already possess knowledge of the basic principles, challenging the most able reader whilst leaving no student behind.

Saul Estrin is a Professor of Management and Head of the Department of Management at The London School of Economics and Political Science.

David Laidler is Professor Emeritus of Economics at the University of Western Ontario and Fellow in Residence at the C. D. Howe Institute in Toronto.

Michael Dietrich is a Senior Lecturer in Economics at Sheffield University

 

 

 

 

 

 


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