Price Theory and Applications

ISBN-10: 0324421613
ISBN-13: 9780324421613
Edition: 7th 2008
Authors: Steven Landsburg
List price: $388.95
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Description: Written in the same humorous, reader-friendly style as Professor Landsburg's widely popular trade book, The Armchair Economist, the lively seventh edition of PRICE THEORY AND APPLICATIONS adopts an inductive, hands-on approach that enables students  More...

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Book details

List price: $388.95
Edition: 7th
Copyright year: 2008
Publisher: Cengage South-Western
Publication date: 8/2/2007
Binding: Hardcover
Pages: 768
Size: 8.00" wide x 9.75" long x 1.25" tall
Weight: 3.146
Language: English

Written in the same humorous, reader-friendly style as Professor Landsburg's widely popular trade book, The Armchair Economist, the lively seventh edition of PRICE THEORY AND APPLICATIONS adopts an inductive, hands-on approach that enables students to learn economics by doing. And it requires no knowledge or use of calculus. Using a student-friendly, easy-to-understand format, the book thoroughly develops the standard concepts of intermediate price theory as well as timely nontraditional issues not found in many texts -- such as the economics of information. Social welfare is also highlighted as a unifying concept throughout. The book's rigorous, meticulous development of economic theory is supported by countless intriguing and entertaining exhibits, examples, numerical exercises, and problem sets integrated within the text and included at the end of chapters, giving students countless opportunities to test their comprehension of chapter concepts. With its highly interactive approach, the new Price Theory gives students a solid understanding of economic theory as well as the skills to apply it to the world around them.

Steven E. Landsburg is a Professor of Economics at the University of Rochester.nbsp; He is the author of The Armchair Economist, Fair Play, More Sex is Safer Sex, The Big Questions, two textbooks in economics, a forthcoming textbook on general relativity and cosmology, and over 30 journal articles in mathematics, economics and philosophy.nbsp;His current research is in the area of quantum game theory.nbsp;He blogs daily at www.TheBigQuestions.com . For over ten years, he wrote the monthly "Everyday Economics" column in Slate magazine, and has written regularly for Forbes and occasionally for the New York Times, the Wall Street Journal and the Washington Post. He appeared as a commentator on the PBS/Turner Broadcasting series "Damn Right", and has made over 200 appearances on radio and television broadcasts over the past few years.nbsp;

Supply, Demand, and Equilibrium
Prices, Costs, and the Gains from Trade
The Behavior of Consumers. (Appendix: Cardinal Utility)
Consumers in the Marketplace
The Behavior of Firms
Production and Costs
Competition
Welfare Economics and the Gains from Trade. (Appendix: Normative Criteria.)
Knowledge and Information
Monopoly
Market Power, Collusion, and Oligopoly
The Theory of Games
External Costs and Benefits
Common Property and Public Goods
The Demand for Factors of Production
The Market for Labor
Allocating Goods Over Time
Risk and Uncertainty
What Is Economics?
Calculus Supplement
Answers to Exercises
Answers to Problem Sets

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