Price Theory and Applications:

ISBN-10: 1285423526
ISBN-13: 9781285423524
Edition: 2013
Authors: Steven Landsburg
List price: $318.95 Buy it from $45.49 Rent it from $19.53
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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 ninth edition of PRICE THEORY AND APPLICATIONS adopts an inductive, hands-on approach that enables students to  More...

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Book details

List price: $318.95
Copyright year: 2013
Publisher: Cengage Learning
Binding: Cloth Text 
Pages: 704
Size: 9.00" wide x 12.00" long x 1.50" tall
Weight: 3.740
Language: English

Written in the same humorous, reader-friendly style as Professor Landsburg's widely popular trade book, The Armchair Economist, the lively ninth 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, untraditional 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.

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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