Overview

Is it more efficient to rent a car or take taxis while on vacation? How do coupons change demand? MICROECONOMICS: AN INTUITIVE APPROACH WITH CALCULUS, International Edition explains the economic theory underlying day-to-day choices. The A sections of each chapter introduce concepts using intuition, a conversational writing style, everyday examples, and graphs. The B sections cover the same concepts with accessible mathematical analyses. Each copy includes access to online LiveGraphs - a suite of interactive, animated graphs that allows you to view dimensional graphs and functions illustrated in the book, as well as some additional graphs that are not in the printed text.

Full Product Details

Author:   Thomas Nechyba (Duke University)
Publisher:   Cengage Learning, Inc
Imprint:   South-Western
Edition:   International edition
Dimensions:   Width: 20.40cm , Height: 4.30cm , Length: 25.40cm
Weight:   2.080kg
ISBN:  

9780538750820

ISBN 10:   0538750820
Pages:   1232
Publication Date:   01 August 2010
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Mixed media product
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

1. Introduction. Part I: CONSUMERS, WORKERS AND SAVERS/BORROWERS. 2. Choice Sets and Budget Constraints. 3. Choice Sets in Labor and Financial Markets. 4. Tastes and Indifference Curves. 5. Different Types of Tastes. 6. Doing the Best We Can. 7. Income and Substitution Effects in Consumer Goods Markets. 8. Wealth and Substitution Effects in Labor and Financial Markets. 9. Demand for Goods and Supply of Labor and Capital. 10. Consumer Surplus and Dead Weight Loss. Part II: PRODUCERS (OR FIRMS). 11. Single Input Production. 12. Production with Multiple Inputs. 13. Production Decisions in the Short and Long Run. Part III: PRICES, MARKETS, AND THE FUNDAMENTAL WELFARE THEOREMS. 14. Competitive Market Equilibrium. 15. The Invisible Hand and Market Equilibrium. 16. General Equilibrium. 17. Risk and Uncertainty. Part IV: DISTORTIONS OF THE INVISIBLE HAND IN COMPETITIVE MARKETS. 18. Elasticities, Price Distorting Policies and Non-Price Rationing. 19. Taxes and Subsidies. 20. Interference with Trading Across Time and Space. 21. Production and Consumption Externalities. 22. Asymmetric Information (Insurance Markets, Discrimination). Part V: DISTORTIONS OF THE INVISIBLE HAND FROM NON-COMPETITIVE MARKETS. 23. An Introduction to Game Theory. 24. Market Power: Monopoly and Monopsony. 25. Innovation and Monopolistic Competition. 26. Oligopoly. 27. Public Goods. Part VI: MAKING THE WORLD A BETTER PLACE. 28. Governments and Politics. 29. What is Good? 30. Balancing Government, Civil Society and Markets.

Reviews

1. Introduction. Part I: CONSUMERS, WORKERS AND SAVERS/BORROWERS. 2. Choice Sets and Budget Constraints. 3. Choice Sets in Labor and Financial Markets. 4. Tastes and Indifference Curves. 5. Different Types of Tastes. 6. Doing the Best We Can. 7. Income and Substitution Effects in Consumer Goods Markets. 8. Wealth and Substitution Effects in Labor and Financial Markets. 9. Demand for Goods and Supply of Labor and Capital. 10. Consumer Surplus and Dead Weight Loss. Part II: PRODUCERS (OR FIRMS). 11. Single Input Production. 12. Production with Multiple Inputs. 13. Production Decisions in the Short and Long Run. Part III: PRICES, MARKETS, AND THE FUNDAMENTAL WELFARE THEOREMS. 14. Competitive Market Equilibrium. 15. The Invisible Hand and Market Equilibrium. 16. General Equilibrium. 17. Risk and Uncertainty. Part IV: DISTORTIONS OF THE INVISIBLE HAND IN COMPETITIVE MARKETS. 18. Elasticities, Price Distorting Policies and Non-Price Rationing. 19. Taxes and Subsidies. 20. Interference with Trading Across Time and Space. 21. Production and Consumption Externalities. 22. Asymmetric Information (Insurance Markets, Discrimination). Part V: DISTORTIONS OF THE INVISIBLE HAND FROM NON-COMPETITIVE MARKETS. 23. An Introduction to Game Theory. 24. Market Power: Monopoly and Monopsony. 25. Innovation and Monopolistic Competition. 26. Oligopoly. 27. Public Goods. Part VI: MAKING THE WORLD A BETTER PLACE. 28. Governments and Politics. 29. What is Good? 30. Balancing Government, Civil Society and Markets.

Author Information

Thomas J. Nechyba is Professor of Economics at the Sanford School of Public Policy, Duke University, US. At Duke, he has previously served as Director of Undergraduate Studies and as Department Chair and currently directs the Economics Center for Teaching (EcoTeach) as well as Duke's Social Science Research Institute. In addition to his activities in the US, he has lectured internationally in Europe, Latin America and New Zealand.

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