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Book Synopsis

This book provides a comprehensive analysis of the theoretical tools, real-world applications, policy implications and corner solutions of microeconomics.

It offers a discussion of all significant topics including applications and extension of consumer theory, theory of the firm, production, cost and supply, partial and general equilibrium, welfare economics, uncertainty and information, and market imperfections as well as a detailed overview of the theory of games. Apart from all the topics receiving both the algebraic and geometric treatment, the other distinguishing features of the book are an emphasis on policy implications and a full treatment of corner solutions. This latter feature has arisen out of the realization that students easily master interior solutions by memorizing the standard first-order conditions but do not necessarily understand the underlying concepts. Complete with several original algebraic derivations and graphical expositions, this book will serve as

Microeconomic Theory

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    Order before 4pm today for delivery by Tue 11 Aug 2026.

    A Paperback by Pankaj Tandon

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      Publisher: Taylor & Francis
      Publication Date: Publication Date: 7/26/2024
      ISBN13: 9781032789668, 978-1032789668
      ISBN10: 1032789662
      Also in:
      Economic theory and philosophy

      Description

      Book Synopsis

      This book provides a comprehensive analysis of the theoretical tools, real-world applications, policy implications and corner solutions of microeconomics.

      It offers a discussion of all significant topics including applications and extension of consumer theory, theory of the firm, production, cost and supply, partial and general equilibrium, welfare economics, uncertainty and information, and market imperfections as well as a detailed overview of the theory of games. Apart from all the topics receiving both the algebraic and geometric treatment, the other distinguishing features of the book are an emphasis on policy implications and a full treatment of corner solutions. This latter feature has arisen out of the realization that students easily master interior solutions by memorizing the standard first-order conditions but do not necessarily understand the underlying concepts. Complete with several original algebraic derivations and graphical expositions, this book will serve as

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