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New edition of a standard text that studies how markets operate by using in-text examples. It continues to emphasize core principles of microeconomics, but devotes four chapters to the applications of the consumer choice theory, the competitive model, noncompetitive market models, and input market analysis. Other pedagogical aids include detailed explanations of graphs and end-of-chapter summaries. Annotation c. by Book News, Inc., Portland, Or.
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Microeconomic Theory & Applications Sixth Edition Edgar K. Browning, Texas A&M University Mark A. Zupan, University of Arizona This best-selling microeconomics text has helped thousands of students learn microeconomic theory and how to apply it in their everyday lives. Two of the most distinguished authors in the field present an abundance of applications with the conviction that the more real-world examples are provided to bolster the theory, the better prepared students will be to use the theory on their own. In this new sixth edition, the authors have retained and often enhanced the best applications from previous editions and have added numerous new engaging ones to enrich the presentation. Highlights of the sixth edition include the following:
Edgar K. Browning is the Alfred F. Chalk Professor of Economics at Texas A&M University; his specialty is Public Economics. He earned a B.A. in Economics from the University of Virginia and a Ph.D. in Economics from Princeton University in 1971. A selected list of his publications include “ A Neglected Welfare Cost of Monopoly- and Most other Product Market Distortions,” Journal of Public Economics, 1997; The Non-Tax Wedge,” Journal of Public Economics, 1994; “The Marginal Cost of Redistribution,” Public Finance Quarterly, 1993; “On the Marginal Welfare Cost of Taxation,” American Economic Review, 1987; “The Trade-Off Between Equality and Efficiency,” Journal of Political Economy, 1984.
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Book Description John Wiley & Sons Inc, 1998. Hardcover. Condition: New. book. Seller Inventory # M0321009339