Microeconomics - Mylab Economics With Pearson Etext Combo Access Card

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For courses in microeconomics.

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Exploring microeconomics: Formal theory and practical problems

Microeconomics: Theory and Applications with Calculus , 5th Edition remains the premiere microeconomics text to marry formal theory with robust, thoroughly analyzed real-world problems. Intended as an intermediate microeconomics text, Perloff introduces economic theory through a combination of calculus, algebra, and graphs. It then integrates estimated, real-life problems and applications, using a step-by-step approach to demonstrate how microeconomic theory can be applied to solve practical problems and policy issues. Compared with similar texts, the author places greater emphasis on using contemporary theories to analyze markets, so students are prepared to apply economic theory to the latest policy analysis in the field.

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1. Introduction

2. Supply and Demand

3. A Consumer’s Constrained Choice

4. Demand

5. Consumer Welfare and Policy Analysis

6. Firms and Production

7. Costs

8. Competitive Firms and Markets

9. Properties and Applications of the Competitive Model

10. General Equilibrium and Economic Welfare

11. Monopoly and Monopsony

12. Pricing and Advertising

13. Game Theory

14. Oligopoly and Monopolistic Competition

15. Factor Markets

16. Uncertainty

17. Property Rights, Externalities, Rivalry, and Exclusion

18. Asymmetric Information

19. Contracts and Moral Hazards

Calculus Appendix

Regression Appendix

Answers to Selected Exercises

Definitions

References

Sources for Applications and Challenges