Preface Introduction to Microeconomic Theory Theory of Consumer Behavior Applications of Consumer Theory Extensions of Consumer Theory Production, Cost, and Supply Markets in Partial Equilibrium General Equilibrium and Welfare Economics Uncertainty and Information Monopoly and Market Power The Theory of Games Market Structures between Competition and Monopoly Externalities and Public Goods Answers to Chapter-end Exercises Index

A comprehensive analysis of the theoretical tools and real world applications of microeconomics

This book covers all the significant topics in modern microeconomics: demand and the theory of the consumer, including applications and extensions; theory of the firm; production, cost and supply; partial equilibrium theory of markets; general equilibrium and welfare economics; uncertainty and information; and market imperfections, including monopoly, oligopoly, externalities and public goods.

Key Features

· Accessible and reader-friendly approach

· Coverage of basic and modern aspects of each topic

· Graphical and algebraic expositions throughout

· Special emphasis on policy applications

· Full treatment of corner solutions

· Use of calculus throughout

· Rich pedagogical elements, including examples and end-of-chapter exercises