Microeconomics – R. Pindyck, D. Rubinfeld – 7th Edition


This book is well known for its coverage of modern topics ( theory, of Information, and Behavioral Economics), clarity of its writing style and graphs, and integrated use of real world examples.

The emphasis on relevance and application to both and public-policy decision-making are focused goals of the book. This emphasis is accomplished by including MANY extended examples that cover such topics as the analysis of demand, cost, and market efficiency; the of pricing strategies; investment and production decisions; and public policy analysis.

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  • <strong>Part I. Introduction: Markets and Prices</strong>
    <b> 1.</b> Preliminaries
    <b> 2.</b> The Basics of Supply and Demand

    <strong>Part II. Producers, Consumers, and Competitive Markets</strong>
    <b> 3.</b> Consumer Behavior
    <b> 4.</b> Individual and Market Demand
    <b> 5.</b> Uncertainty and Consumer Behavior
    <b> 6.</b> Production
    <b> 7.</b> The Cost of Production
    <b> 8.</b> Profit Maximization and Competitive Supply
    <b> 9.</b> The Analysis of Competitive Markets

    <strong>Part III. Market Structure and Competitive Strategy</strong>
    <b> 10.</b> Market Power: Monopoly and Monopsony
    <b> 11.</b> Pricing with Market Power
    <b> 12.</b> Monopolistic Competition and Oligopoly
    <b> 13.</b> Game Theory and Competitive Strategy
    <b> 14.</b> Markets for Factor Inputs
    <b> 15.</b> Investment, Time, and Capital Markets

    <strong>Part IV. Information, Market Failure, and the Role of Government</strong>
    <b> 16.</b> General Equilibrium and Economic Efficiency
    <b> 17.</b> Markets with Asymmetric Information
    <b> 18.</b> Externalities and Public Goods
    Appendix: The Basics of Regression
    Answers to Selected Exercises
    Photo Credits
  • Citation

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