Intermediate Microeconomics and Its Application

✍ Scribed by Walter Nicholson, Christopher M. Snyder

• Publisher: Cengage Learning
• Year: 2021
• Tongue: English
• Leaves: 657
• Edition: 13
• Category: Library

✦ Synopsis

Discover an exceptionally clear, concise introduction to microeconomics using an approach that avoids high-level mathematics but still offers meaningful practice with Nicholson/Snyder's INTERMEDIATE MICROECONOMICS AND ITS APPLICATION, 13E. These prestigious authors present the economics of markets using a managerial focus and a variety of approaches, including intuitive illustrations, graphical presentations and some simple algebra. A wealth of relevant applications and current examples demonstrate microeconomics at work in a variety of settings. In addition, updated step-by-step video problems and engaging activities allow you to learn by doing. This edition's full-color revisions explain the latest developments and events, including the economic impact of the COVID pandemic. New MindTap online resources are also available to further strengthen your mastery of microeconomic concepts.

✦ Table of Contents

Dedication
About the Authors
Brief Contents
Contents
Preface
Part 1: Introduction
1 Two Basic Economic Models
2 Some Useful Math
Part 2: Demand
3 Utility and Choice
4 Demand Curves
Part 3: Uncertainty and Strategy
5 Uncertainty
6 Game Theory
Part 4: Production, Costs, and Supply
7 Production
8 Costs
9 Profit Maximization and Supply
Part 5: Perfect Competition
10 Perfect Competition in a Single Market
11 General Equilibrium and Welfare
Part 6: Market Power
12 Monopoly
13 Imperfect Competition
Part 7: Input Markets
14 Pricing in Input Markets
15 Capital and Time
Part 8: Market Failures
16 Asymmetric Information
17 Externalities and Public Goods
18 Behavioral Economics
Glossary
Solutions
Brief Answers
Index