Intermediate microeconomics : an intuitive approach with calculus
Author(s)
Bibliographic Information
Intermediate microeconomics : an intuitive approach with calculus
Cengage Learning EMEA, c2018
1st EMEA ed
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Note
Includes index
Description and Table of Contents
Description
This EMEA adaptation of Thomas Nechyba s popular text presents a European, Middle East and African perspective, whilst also being fully updated. This exciting new edition follows Professor Nechyba s five primary goals for any microeconomics course by presenting the subject as a way of looking at the world, showing students how and why the world works, how to think more clearly and develop conceptual thinking skills, and by providing a flexible learning style and a roadmap for further study. Each chapter follows the A and B structure developed by Professor Nechyba, allowing students to explore an intuitive approach in Part A and then focus on how the intuitive approach can be represented mathematically in Part B. This edition is also available as a MindTap with additional assessments, a Graph Builder and video graph presentations. It is also available with Aplia, a comprehensive online learning assessment tool with autograded randomised questions to test students understanding.
Table of Contents
Chapter 0: Foundational Preliminaries (web-based chapter)
Chapter 1: Introduction
PART 1: Utility-Maximizing Choice: Consumers, Workers and Savers
Chapter 2: A Consumer s Economic Circumstances
Chapter 3: Economic Circumstances in Labour and Financial Markets
Chapter 4: Tastes and Indifference Curves
Chapter 5: Different Types of Tastes
Chapter 6: Doing the Best We Can
Chapter 7: Income and Substitution Effects in Consumer Goods Markets
Chapter 8: Wealth and Substitution Effects in Labour and Capital Markets
Chapter 9: Demand for Goods and Supply of Labour and Capital
Chapter 10: Consumer Surplus and Deadweight Loss
PART 2: Profit-Maximizing Choice: Producers or Firms
Chapter 11: One Input and One Output: A Short-Run Producer Model
Chapter 12: Production with Multiple Inputs
Chapter 13: Production Decisions in the Short and Long Run
PART 3: Competitive Markets and the Invisible Hand
Chapter 14: Competitive Market Equilibrium
Chapter 15: The Invisible Hand and the First Welfare Theorem
Chapter 16: General Equilibrium
Chapter 17: Choice and Markets in the Presence of Risk
PART 4: Distortions of the Invisible Hand in Competitive Markets
Chapter 18: Elasticities, Price-Distorting Policies and Non-Price Rationing
Chapter 19: Distortionary Taxes and Subsidies
Chapter 20: Prices and Distortions across Markets
Chapter 21: Externalities in Competitive Markets
Chapter 22: Asymmetric Information in Competitive Markets
PART 5: Distortions of the Invisible Hand from Strategic Decisions
Chapter 23: Monopoly
Chapter 24: Strategic Thinking and Game Theory
Chapter 25: Oligopoly
Chapter 26: Product Differentiation and Innovation in Markets
Chapter 27: Public Goods
Chapter 28: Governments and Politics
PART 6: Considering How to Make the World a Better Place
Chapter 29: What Is Good? Challenges from Psychology and Philosophy
Chapter 30: Balancing Government, Civil Society, and Markets
by "Nielsen BookData"