MicroeconomicsPrentice Hall, 2001 - 700 halaman For courses in intermediate microeconomics, microeconomic theory, price theory, and managerial economics. The market leader in Intermediate Microeconomics, the book is well known for its coverage of modern topics (Game theory, Economics of Information), clarity of its writing style and graphs, and integrated use of real world examples. The book is used in both economics departments and business schools and is well received for its applied nature. The emphasis on relevance and application to both managerial and public-policy decision making are focused goals of the book. It succeeds in showing how microeconomics can be used as a tool for decision making. |
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amount budget line bundle buyers capital cars Chapter choose competitive market competitors consumer surplus consumption cost curve cost of production deadweight loss demand curve dollars earn economic elasticity of demand equal equation equilibrium example expenditure Figure firm firm's gasoline given increase indifference curve industry inputs investment isocost isoquant long-run average cost marginal cost marginal cost curve marginal product marginal rate marginal revenue market basket market demand curve market price maximize million monopolist monopoly power monopsony Nash equilibrium output levels P₁ payoff percent preferences price and quantity price elasticity price of food producer surplus product of labor profit profit-maximizing purchase Q₁ quantity demanded quantity supplied result returns to scale risk sell sellers shift short-run shows slope strategy substitution sumer supply and demand supply curve Suppose tion total cost U₁ unit of output units of clothing units of food workers zero