Microeconomics: Theory and Applications with Calculus, Global Edition, 5th edition

Published by Pearson (July 29, 2024) © 2024

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

Hallmark features of this title

A textbook that differs from most microeconomic texts.

  • Uses a mixture of calculus, algebra, and graphs to define economic theory.
  • Integrates real-world examples and extended applications.
  • Places greater emphasis on modern theories, such as industrial organisation theories, game theory, and behavioural economics.
  • Follows a step-by-step approach to demonstrate how microeconomic theory can solve problems and analyse policy issues.

A book that focuses on real-world issues to reinforce your students' understanding.

  • The text uses theory and analyses real-world problems, offering your students a breadth of learning resources from theory to practice.
  • The content emphasises that economic theory has practical, problem-solving uses and is not just an empty academic exercise.

Table of contents

  1. 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

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