Microeconomic Theory Basic Principles and Extensions

ISBN-10: 0324270860
ISBN-13: 9780324270860
Edition: 9th 2005
Authors: Walter Nicholson
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Description: Nicholson's Microeconomic Theory: Basic Principles and Extensions, 9th edition is a tried-and-true, well-known and respected market-leading text. Applauded for providing the most clear and accurate presentation of advanced microeconomic concepts, it  More...

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Book details

List price: $250.95
Edition: 9th
Copyright year: 2005
Publisher: Cengage South-Western
Publication date: 4/23/2004
Binding: Hardcover
Pages: 680
Size: 8.00" wide x 10.00" long x 1.25" tall
Weight: 3.146
Language: English

Nicholson's Microeconomic Theory: Basic Principles and Extensions, 9th edition is a tried-and-true, well-known and respected market-leading text. Applauded for providing the most clear and accurate presentation of advanced microeconomic concepts, it offers an ideal 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 cutting edge developments in the study of microeconomics. This book is solid, rigorous, comprehensive, and is sensibly challenging for students, best serving students with a mathematics background.

Walter Nicholson is the Ward H. Patton Emeritus Professor of Economics at Amherst College and a visiting professor at Ave Maria University, Naples, Florida. Over his teaching career, Professor Nicholson has sought to develop in students an appreciation for the value of economic models in the study of important social questions. He also has enjoyed showing students some of the stranger things that economists have sought to model. Nicholson received his PhD in economics from MIT. Most of his research is in the area of labor economics, especially policy questions related to unemployment.

Introduction
Economic Models
The Mathematics of Optimization
Choice and Demand
Preferences and Utility
Utility Maximization and Choice
Income and Substitution Effects
Demand Relationships Among Goods
Market Demand and Elasticity
Choice Under Uncertainty
Expected Utility and Risk Aversion
The Economics of Information
Game Theory and Strategic Equilibrium
Production and Supply
Production Functions
Costs
Profit Maximization and Supply
Perfect Competition
The Partial Equilibrium Competitive Model
Applied Competitive Analysis
General Competitive Equilibrium
The Efficiency of Perfect Competition
Models of Imperfect Competition
Models of Monopoly
Traditional Models of Imperfect Competition
Game Theory Models of Pricing
Pricing in Input Markets
Firms' Demands for Inputs
Labor Supply
Capital
Limits of the Market
Externalities and Public Goods
Political Economics
Brief Answers to Queries
Solutions to Odd-Numbered Problems
Glossary of Frequently Used Terms
Name Index
Subject Index

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