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9780030335938

Microeconomic Theory Basic Principles and Extensions

by
  • ISBN13:

    9780030335938

  • ISBN10:

    0030335930

  • Edition: 8th
  • Format: Hardcover
  • Copyright: 2001-10-26
  • Publisher: South-Western College Pub
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Summary

Applauded for providing the most clear and accurate presentation of advanced microeconomic concepts, Walter Nicholson brings us Microeconomic Theory: Basic Principles and Extensions, 8e . It gives readers the opportunity to work directly with theoretical tools, real-world applications, and cutting edge developments in the study of microeconomics. Reviewers exclaim, "Nicholsonà ;'s text is solid, rigorous and comprehensive. It is sensibly challenging for students, best serving students with a mathematics background, and absolutely essential for those who are preparing for graduate studies in economics."

Author Biography

Walter Nicholson is the Ward H. Patton Professor of Economics at Amherst College

Table of Contents

Introductionp. 1
Economic Modelsp. 3
The Mathematics of Optimizationp. 21
Choice and Demandp. 63
Preferences and Utilityp. 65
Utility Maximization and Choicep. 91
Income and Substitution Effectsp. 115
Demand Relationships Among Goodsp. 151
Market Demand and Elasticityp. 171
Choice Under Uncertaintyp. 195
Expected Utility and Risk Aversionp. 197
The Economics of Informationp. 225
Game Theory and Strategic Equilibriump. 245
Production and Supplyp. 265
Production Functionsp. 267
Costsp. 297
Profit Maximization and Supplyp. 333
Perfect Competitionp. 365
The Partial Equilibrium Competitive Modelp. 367
Applied Competitive Analysisp. 401
General Competitive Equilibriump. 421
The Efficiency of Perfect Competitionp. 455
Models of Imperfect Competitionp. 493
Models of Monopolyp. 495
Traditional Models of Imperfect Competitionp. 527
Game Theory Models of Pricingp. 553
Pricing in Input Marketsp. 575
Firms' Demands for Inputsp. 577
Labor Supplyp. 605
Capitalp. 625
Limits of the Marketp. 657
Externalities and Public Goodsp. 659
Political Economicsp. 685
Brief Answers to Queriesp. 709
Solutions to Odd-Numbered Problemsp. 719
Glossary of Frequently Used Termsp. 729
Name Indexp. 735
Subject Indexp. 738
Table of Contents provided by Syndetics. All Rights Reserved.

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