Microeconomics

Hardcover
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Author: Robert Pindyck

ISBN-10: 0132080230

ISBN-13: 9780132080231

Category: Microeconomics

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KEY BENEFIT: This book is well known for its coverage of modern topics (Game theory, Economics of Information, and Behavioral Economics), clarity of its writing style and graphs, and integrated use of real world examples.KEY TOPICS: The emphasis on relevance and application to both managerial and public-policy decision-making are focused goals of the book. This emphasis is accomplished by including MANY extended examples that cover such topics as the analysis of demand, cost, and market efficiency; the design of pricing strategies; investment and production decisions; and public policy analysis.Economists and strategists looking to stay current with economic information.

Part I. Introduction: Markets and PricesChapter 1. PreliminariesChapter 2. The Basics of Supply and DemandPart II. Producers, Consumers, and Competitive MarketsChapter 3. Consumer BehaviorChapter 4. Individual and Market DemandChapter 5. Uncertainty and Consumer BehaviorChapter 6. ProductionChapter 7. The Cost of ProductionChapter 8. Profit Maximization and Competitive SupplyChapter 9. The Analysis of Competitive MarketsPart III. Market Structure and Competitive StrategyChapter 10. Market Power: Monopoly and MonopsonyChapter 11. Pricing with Market PowerChapter 12. Monopolistic Competition and OligopolyChapter 13. Game Theory and Competitive StrategyChapter 14. Markets for Factor InputsChapter 15. Investment, Time, and Capital MarketsPart IV. Information, Market Failure, and the Role of GovernmentChapter 16. General Equilibrium and Economic EfficiencyChapter 17. Markets with Asymmetric InformationChapter 18. Externalities and Public GoodsAppendix: The Basics of RegressionGlossaryAnswers to Selected ExercisesPhoto CreditsIndex