Microeconomics
Book information
Description
Content: Part 1: INTRODUCTION: MARKETS AND PRICES1. Preliminaries 2. The Basics of Supply and Demand Part 2: PRODUCERS, CONSUMRS, AND COMPETITIVE MARKETS 3. Consumer Behavior4. Individual and Market Demand5. Uncertainty and Consumer Behavior6. Production7. The Cost of Production8. Profit Maximization and Competitive Supply9. The Analysis of Competitive Markets Part 3: MARKET STRUCTURE AND COMPETITIVE STRATEGY 10. Market Power: Monopoly and Monopsony11. Pricing with Market Power12. Monopolistic Competition and Oligopoly13. Game Theory and Competitive Strategy14. Markets for Factor Inputs15. Investment, Time, and Capital Markets Part 4: INFORMATION, MARKET FAILURE, AND THE ROLE OF GOVERNMENT 16. General Equilibrium and Economic Efficiency17. Markets with Asymmetric Information18. Externalities and Public Goods19. Behavioral Economics Appendix: The Basics of RegressionAnswers to Selected Exercises
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