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Microeconomic theory : basic principles and extensions /

Nicholson, Walter.

Microeconomic theory : basic principles and extensions / Walter Nicholson. - Ninth edition - xvi, 671 pages : illustrations ; 27 cm.

Includes bibliographical references and index.

Part I: INTRODUCTION.1. Economic Models.2. Mathematics for Microeconomics.Part II: CHOICE AND DEMAND.3. Preferences and Utility.4. Utility Maximization and Choice.5. Income and Substitution Effects.6. Demand Relationships among Goods.Part III: UNCERTAINTY AND STRATEGY.7. Uncertainty.8. Game Theory.Part IV: PRODUCTION AND SUPPLY.9. Production Functions.10. Cost Functions.11. Profit Maximization.Part V: COMPETITIVE MARKETS.12. The Partial Equilibrium Competitive Model.13. General Equilibrium and Welfare.Part VI: MARKET POWER.14. Monopoly.15. Imperfect Competition.Part VII: PRICING IN INPUT MARKETS.16. Labor Markets.17. Capital and Time.Part VIII: MARKET FAILURE.18. Asymmetric Information.19. Externalities and Public Goods.


Provides a presentation of advanced microeconomic concepts. This text offers a suitable level of mathematical rigor for upper level undergraduate students and beginning graduate students. It gives students the opportunity to work directly with theoretical tools, real-world applications, and developments in the study of microeconomics.

0324270860 0324225059 9780324225051


Microeconomics.

HB172 / .N49 2005

338.5 / N.W.M