For Intermediate Microeconomics courses.

Microeconomics exposes students to topics that play a central role in microeconomics. From game theory and competitive strategy, to the roles of uncertainty and information, and the analysis of pricing by firms with market power, the text helps students understand what's going on in the world of business. It also shows students how microeconomics can be used as a practical tool for decision-making and for designing and understanding public policy. The 9th Edition further illustrates microeconomics' relevance and usefulness with new coverage and examples, and an improved exposition that is clear and accessible as well as lively and engaging. With Microeconomics, readers will be able to fully appreciate how a modern economy functions. The full text downloaded to your computer With eBooks you can:

• search for key concepts, words and phrases
• make highlights and notes as you study

• share your notes with friends
  eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps.

  Upon purchase, you'll gain instant access to this eBook.

  Time limit

  The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

  Inhalt

• Part 1: INTRODUCTION: MARKETS AND PRICES
• 1. Preliminaries
• 2. The Basics of Supply and Demand
• Part 2: PRODUCERS, CONSUMRS, AND COMPETITIVE MARKETS
• 3. Consumer Behavior
• 4. Individual and Market Demand
• 5. Uncertainty and Consumer Behavior
• 6. Production
• 7. The Cost of Production
• 8. Profit Maximization and Competitive Supply
• 9. The Analysis of Competitive Markets
• Part 3: MARKET STRUCTURE AND COMPETITIVE STRATEGY
• 10. Market Power: Monopoly and Monopsony
• 11. Pricing with Market Power
• 12. Monopolistic Competition and Oligopoly
• 13. Game Theory and Competitive Strategy
• 14. Markets for Factor Inputs
• 15. Investment, Time, and Capital Markets
• Part 4: INFORMATION, MARKET FAILURE, AND THE ROLE OF GOVERNMENT
• 16. General Equilibrium and Economic Efficiency
• 17. Markets with Asymmetric Information
• 18. Externalities and Public Goods
• 19. Behavioral Economics
• Appendix: The Basics of Regression
• Answers to Selected Exercises