Written by distinguished authorities in the field, this book offers the liveliest writing, the right sequence of topics, and exceptionally well developed graphs with unusually thorough explanations.... all at the right level for people learning microeconomics. It follows a practical, real-world approach through a wealth of applications that demonstrate the relevance of microeconomics to everyday life. Completely updated with the latest information in the field, the new ninth edition also continues the tradition of superior quality and precise technical coverage.
The world looks different through the eyes of an economist.
From internet dating and antiwar protests to citrus farming, caviar, and Canadian prescription drugs--everything looks different through the eyes of an economist.
Recognized for it's extensive collection of intriguing applications, Browning Zupan's Microeconomics: Theory Applications, Ninth Edition teaches you how to look at the world through the eyes of an economist. You'll learn to analyze real-world situations and predict market phenomena using fundamental analysis tools.
Now revised with several new applications, this Ninth Edition continues to make microeconomics real and relevant. Firmly committed to the needs of today's students, the authors present fundamental concepts and techniques in a brief, less expensive paperback format.
New applications include:
- The Accounting and Economic Costs of SOX
- Social Security and Saving
- An Example of a Backward-Bending Labor Supply Curve: The Work Effort Choices of Dentists Versus Physicians
- The Likelihood of Good Samaritan Behavior and Group Size
- What the Marginal-Average Relationship Means for Your Grade Point Average
- The Low-Down on Why Lojack Is Underprovided
- What to Do if the World Truly Is Flat
- The Effect of Wal-Mart on Retailing Productivity, Costs, and Prices
- Asymmetric Information and Internet Dating
Table of contents:
Chapter 1: An Introduction to Microeconomics
Chapter 2: Supply and Demand
Chapter 3: The Theory of Consumer Choice
Chapter 4: Individual and Market Demand
Chapter 5: Using Consumer Choice Theory
Chapter 6: Exchange, Efficiency, and Prices
Chapter 7: Production.
Chapter 8: The Cost of Production
Chapter 9: Profit Maximization in Perfectly Competitive Markets
Chapter 10: Using the Competitive Model
Chapter 11: Monopoly
Chapter 12: Product Pricing with Monopoly Power
Chapter 13: Monopolistic Competition and Oligopoly
Chapter 14: Game Theory and the Economics of Information.
Chapter 15: Using Noncompetitive Market Models.
Chapter 16: Employment and Pricing of Inputs.
Chapter 17: Wages, Rent, Interest, and Profit.
Chapter 18: Using Input Market Analysis.
Chapter 19: General Equilibrium Analysis and Economic Efficiency.
Chapter 20: Public Goods and Externalities.
Answers to Selected Problems
Glossary (new in the 9th edition) Index
The world looks different through the eyes of an economist.
From internet dating and antiwar protests to citrus farming, caviar, and Canadian prescription drugs--everything looks different through the eyes of an economist.
Recognized for it's extensive collection of intriguing applications, Browning Zupan's Microeconomics: Theory Applications, Ninth Edition teaches you how to look at the world through the eyes of an economist. You'll learn to analyze real-world situations and predict market phenomena using fundamental analysis tools.
Now revised with several new applications, this Ninth Edition continues to make microeconomics real and relevant. Firmly committed to the needs of today's students, the authors present fundamental concepts and techniques in a brief, less expensive paperback format.
New applications include:
- The Accounting and Economic Costs of SOX
- Social Security and Saving
- An Example of a Backward-Bending Labor Supply Curve: The Work Effort Choices of Dentists Versus Physicians
- The Likelihood of Good Samaritan Behavior and Group Size
- What the Marginal-Average Relationship Means for Your Grade Point Average
- The Low-Down on Why Lojack Is Underprovided
- What to Do if the World Truly Is Flat
- The Effect of Wal-Mart on Retailing Productivity, Costs, and Prices
- Asymmetric Information and Internet Dating
The world looks different through the eyes of an economist.
From internet dating and antiwar protests to citrus farming, caviar, and Canadian prescription drugs--everything looks different through the eyes of an economist.
Recognized for it's extensive collection of intriguing applications, Browning Zupan's Microeconomics: Theory Applications, Ninth Edition teaches you how to look at the world through the eyes of an economist. You'll learn to analyze real-world situations and predict market phenomena using fundamental analysis tools.
Now revised with several new applications, this Ninth Edition continues to make microeconomics real and relevant. Firmly committed to the needs of today's students, the authors present fundamental concepts and techniques in a brief, less expensive paperback format.
New applications include:
- The Accounting and Economic Costs of SOX
- Social Security and Saving
- An Example of a Backward-Bending Labor Supply Curve: The Work Effort Choices of Dentists Versus Physicians
- The Likelihood of Good Samaritan Behavior and Group Size
- What the Marginal-Average Relationship Means for Your Grade Point Average
- The Low-Down on Why Lojack Is Underprovided
- What to Do if the World Truly Is Flat
- The Effect of Wal-Mart on Retailing Productivity, Costs, and Prices
- Asymmetric Information and Internet Dating
Table of contents:
Chapter 1: An Introduction to Microeconomics
Chapter 2: Supply and Demand
Chapter 3: The Theory of Consumer Choice
Chapter 4: Individual and Market Demand
Chapter 5: Using Consumer Choice Theory
Chapter 6: Exchange, Efficiency, and Prices
Chapter 7: Production.
Chapter 8: The Cost of Production
Chapter 9: Profit Maximization in Perfectly Competitive Markets
Chapter 10: Using the Competitive Model
Chapter 11: Monopoly
Chapter 12: Product Pricing with Monopoly Power
Chapter 13: Monopolistic Competition and Oligopoly
Chapter 14: Game Theory and the Economics of Information.
Chapter 15: Using Noncompetitive Market Models.
Chapter 16: Employment and Pricing of Inputs.
Chapter 17: Wages, Rent, Interest, and Profit.
Chapter 18: Using Input Market Analysis.
Chapter 19: General Equilibrium Analysis and Economic Efficiency.
Chapter 20: Public Goods and Externalities.
Answers to Selected Problems
Glossary (new in the 9th edition) Index
The world looks different through the eyes of an economist.
From internet dating and antiwar protests to citrus farming, caviar, and Canadian prescription drugs--everything looks different through the eyes of an economist.
Recognized for it's extensive collection of intriguing applications, Browning Zupan's Microeconomics: Theory Applications, Ninth Edition teaches you how to look at the world through the eyes of an economist. You'll learn to analyze real-world situations and predict market phenomena using fundamental analysis tools.
Now revised with several new applications, this Ninth Edition continues to make microeconomics real and relevant. Firmly committed to the needs of today's students, the authors present fundamental concepts and techniques in a brief, less expensive paperback format.
New applications include:
- The Accounting and Economic Costs of SOX
- Social Security and Saving
- An Example of a Backward-Bending Labor Supply Curve: The Work Effort Choices of Dentists Versus Physicians
- The Likelihood of Good Samaritan Behavior and Group Size
- What the Marginal-Average Relationship Means for Your Grade Point Average
- The Low-Down on Why Lojack Is Underprovided
- What to Do if the World Truly Is Flat
- The Effect of Wal-Mart on Retailing Productivity, Costs, and Prices
- Asymmetric Information and Internet Dating