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A dedicated teacher, Don Waldman uses over ninety thought-provoking examples—such as the market for human organs, drug testing in professional baseball, and collusion in the Ivy League—to demonstrate the power of microeconomics as a tool for thinking about complex issues.
The Second Edition of Microeconomics is delivered in dotlearn, making the learning experience more robust for a fraction of the cost of a traditional textbook. Waldman’s online text integrates animated figures, hands-on explorations, and dynamic example problems into the core text. dotlearn offers complete course management and assessment options, as well as a fully interactive study guide. With dotlearn, readers are doing economics—not just reading it.
Introduction; Supply and Demand; Theory of Consumer Behavior; Further Topics in Consumer Theory; Using Consumer Theory; Uncertainty; The Theory of Production and Costs; Perfectly Competitive Product Markets; The Invisible Hand at Work; Using the Model of Perfect Competition; Monopoly and Monopolistic Competition; Additional Monopoly Topics: Practicing Strategies and Public Policy; An Introduction to Game Theory; Oligopoly; Strategic Behavior; Using the Models of Monopoly and Oligopoly; Factor Markets; Investment, Time, and Risk; General Equilibrium and Efficiency; Asymmetric Information; Externalities and Public Goods.
For all readers interested in intermediate microeconomics.
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Don Waldman is the Richard M. Kessler Professor of Economic Studies and Chair of the Department of Economics at Colgate University. Prior to his current post, he was Director of the Division of Social Sciences from 1992 to 1995. He received a bachelor’s degree from Temple University, a master’s degree from Brown University, and a PhD from Cornell. His research interests include antitrust policy, regulation and deregulation, and the social impacts of tax policy. He is the author of several books and articles on economic topics, including Industrial Organization: Theory and Practice with Elizabeth Jensen.Review:
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“After taking this course last semester, I have certainly discovered that this text was far better than the one used on campus. The text provided helpful examples as well as excellent supplementary materials. I would highly recommend this textbook.
This was the first experience I had with an online textbook. I was quite impressed with the system. The textbook seemed catered to only what we needed. The study guide and self tests were quite helpful in preparing for exams. It was easy to get access to the text and print copies as needed. I had no trouble with the text, and I would enjoy using a similar system in the future.”
—Student, Lehigh University
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—Parke Wilde, Professor, Tufts University
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