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Full Description
INTERMEDIATE MICROECONOMICS AND ITS APPLICATION offers an exceptionally clear and concise introduction to the economics of markets. This proven text uses a managerial focus and includes relevant applications and strong examples as well as step-by-step video problems, an algebraic approach, and activities that allow you to learn by doing. Your purchase also includes online resources on CourseMate, including a complete eBook, step-by-step video problems, solutions to odd=numbered questions, and interactive quizzes.
Contents
Part I1. Economic Models.Appendix: Mathematics Used in Microeconomics.Part II: DEMAND.2. Utility and Choice.3. Demand Curves.Part III: UNCERTAINTY AND STRATEGY.4. Uncertainty.5. Game Theory.Part IV: PRODUCTION, COSTS, AND SUPPLY.6. Production.7. Costs.8. Profit Maximization and Supply.Part V: PERFECT COMPETITION.9. Perfect Competition in a Single Market.10. General Equilibrium and Welfare.Part VI: MARKET POWER.11. Monopoly.12. Imperfect Competition.Part VII: INPUT MARKETS.13. Pricing in Input Markets.Appendix: Labor Supply.14. Capital and Time.Appendix: Compound Interest.Part VIII: MARKET FAILURES.15. Asymmetric Information.16. Externalities and Public Goods.17. Behavioral Economics.