Intermediate Microeconomics and Its Application - Hardcover

Nicholson, Walter

Hardcover

ISBN 10: 0030313929 ISBN 13: 9780030313929

Publisher: Harcourt School, 1990

Synopsis

INTERMEDIATE MICROECONOMICS AND ITS APPLICATION offers an exceptionally clear and concise introduction to the economics of markets. This proven text uses a managerial focus and includes relevant applications and strong examples, with an algebraic approach, and emphasizes activities that allow you to learn by doing. Your purchase also includes two time-saving resources: access to InfoTrac College Edition's online university library, and online study tools through Economic Applications! With Economic Applications, you'll have online access to study and review materials that will help you succeed in the course, and InfoTrac College Edition lets you save time, save money, and eliminate the trek to the library. Simply log in and access a library of more than 5,000 academic and popular magazines, newspapers, and journals.

About this title

About the Author

Walter Nicholson is the Ward H. Patton Emeritus Professor of Economics at Amherst College and a visiting professor at Ave Maria University, Naples, Florida. Over his teaching career, Professor Nicholson has sought to develop in students an appreciation for the value of economic models in the study of important social questions. He also has enjoyed showing students some of the stranger things that economists have sought to model. Nicholson received his PhD in economics from MIT. Most of his research is in the area of labor economics, especially policy questions related to unemployment.

Review

PART 1: INTRODUCTION. 1. Economic Models. Appendix: Mathematics Used In Microeconomics. PART 2: DEMAND. 2. Utility and Choice. 3. Individual Demand Curves. 4. Market Demand and Elasticity. PART 3: UNCERTAINTY and STRATEGY. 5. Uncertainty. 6. Game Theory and Strategy. PART 4: PRODUCTION, COSTS and SUPPLY. 7. Production. 8. Costs. 9. Profit Maximization and Supply. PART 5: PERFECT COMPETITION 10. Perfect Competition in a Single Market. 11. Applying the Competitive Model. 12. General Equilibrium and Welfare. PART 6: MARKET POWER. 13. Monopoly. 14. Imperfect Competition. PART 7: ADDITIONAL TOPICS. 15. Input Markets. Appendix: Individual Labour Supply. 16. Capital and Time. Appendix: Compound Interest. 17. Asymmetric Information. 18. Externalities and Public Goods.

Edition details

• Publisher: Harcourt School
• Publication date: 1990
• Language: English
• ISBN 10: 0030313929
• ISBN 13: 9780030313929
• Binding: Hardcover
• Number of pages: 705