Intermediate Microeconomics and Its Application

ISBN-10: 0324599102
ISBN-13: 9780324599107
Edition: 11th 2010
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Book details

List price: $333.95
Edition: 11th
Copyright year: 2010
Publisher: Cengage South-Western
Publication date: 8/12/2009
Binding: Hardcover
Pages: 688
Size: 8.25" wide x 9.25" long x 1.00" tall
Weight: 3.146

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
Appendix: Mathematics Used in Microeconomics
Demand
Utility and Choice
Demand Curves
Uncertainty And Strategy
Uncertainty
Game Theory
Production, Costs, And Supply
Production
Costs
Profit Maximization and Supply
Perfect Competition
Perfect Competition in a Single Market
General Equilibrium and Welfare
Market Power
Monopoly
Imperfect Competition
Input Markets
Pricing in Input Markets
Appendix: Labor Supply
Capital and Time
Appendix: Compound IntereSt
Market Failures
Asymmetric Information
Externalities and Public Goods
Behavioral Economics

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