Microeconomics, Global Edition, 8th edition

Published by Pearson (June 20, 2022) © 2022

  • Jeffrey M. Perloff University of California-Berkeley
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Title overview

For courses in microeconomics

Significantly revised and updated with new real-world examples, exercises, and applications, this edition remains the premiere microeconomics text to marry formal theory with robust, thoroughly analysed real-world problems.

Intended as an intermediate microeconomics text, Perloff introduces economic theory through a combination of calculus, algebra, and graphs. The text integrates estimated, real-world 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 to other similar texts, the author also places greater emphasis on using contemporary theories - such as game theory and contract theory - to analyse markets.

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Table of contents

  • 1. Introduction
  • 2. Supply and Demand
  • 3. Applying the Supply-and-Demand Model
  • 4. Consumer Choice
  • 5. Applying Consumer Theory
  • 6. Firms and Production
  • 8. Competitive Firms and Markets
  • 9. Applying the Competitive Model
  • 10. General Equilibrium and Economic Welfare
  • 11. Monopoly
  • 12. Pricing and Advertising
  • 13. Oligopoly and Monopolistic Competition
  • 14. Game Theory
  • 15. Factor Markets
  • 16. Interest Rates, Investments, and Capital Markets
  • 17. Uncertainty
  • 18. Externalities, Open-Access, and Public Goods
  • 19. Asymmetric Information
  • 20. Contracts and Moral Hazards
  • Appendixes
  • Answers to Selected Questions and Problems
  • Sources for Challenges and Applications
  • References
  • Definitions
  • Index

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