Description
Book SynopsisTable of Contents1. 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
Answers to Selected Questions and Problems
Definitions
References
Sources for Challenges and Applications
Index
Credits
