Intermediate Microeconomics and Its Applications
Walter Nicholson
Abstract
Walter Nicholson
Abstract
Part I: INTRODUCTION. 1. Economic Models. Appendix: Mathematics Used in Microeconomics. Part II: DEMAND. 2. Utility and Choice. 3. Demand Curves. Part III: UNCERTAINTY AND STRATEGY. 4. Uncertainty. 5. Game Theory. Part IV: PRODUCTION, COSTS, AND SUPPLY. 6. Production. 7. Costs. 8. Profit Maximization and Supply. Part V: PERFECT COMPETITION. 9. Perfect Competition in a Single Market. 10. General Equilibrium and Welfare. Part VI: MARKET POWER. 11. Monopoly. 12. Imperfect Competition. Part VII: INPUT MARKETS. 13. Pricing in Input Markets. Appendix: Labor Supply. 14. Capital and Time. Appendix: Compound Interest. Part VIII: MARKET FAILURES. 15. Asymmetric Information. 16. Externalities and Public Goods. 17. Behavioral Economics.
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Part I: INTRODUCTION. 1. Economic Models. Appendix: Mathematics Used in Microeconomics. Part II: DEMAND. 2. Utility and Choice. 3. Demand Curves. Part III: UNCERTAINTY AND STRATEGY. 4. Uncertainty. 5. Game Theory. Part IV: PRODUCTION, COSTS, AND SUPPLY. 6. Production. 7. Costs. 8. Profit Maximization and Supply. Part V: PERFECT COMPETITION. 9. Perfect Competition in a Single Market. 10. General Equilibrium and Welfare. Part VI: MARKET POWER. 11. Monopoly. 12. Imperfect Competition. Part VII: INPUT MARKETS. 13. Pricing in Input Markets. Appendix: Labor Supply. 14. Capital and Time. Appendix: Compound Interest. Part VIII: MARKET FAILURES. 15. Asymmetric Information. 16. Externalities and Public Goods. 17. Behavioral Economics.
Key concepts: Economics, Microeconomics, Monopoly, Imperfect competition, Market power, Profit maximization, Externality, Perfect competition