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Microeconomics
 
Microeconomics, 3rd Edition
October 2007, ©2008
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The Solution is in the Problems!
The solution to students understanding microeconomics is in the wide variety of problems in Besanko and Braeutigam's new Third Edition! This highly esteemed text for the Intermediate Microeconomics course presents material in an accessible way that helps students develop a deeper understanding of microeconomics. Worked-out Learning-by-Doing problems throughout the book help students experience the material more directly and learn it more thoroughly. The text balances and integrates the graphical and mathematical data so students get a more complete understanding of how each relate to economic concepts. The authors also include a rich selection of examples and applications focused on real-world business situations in each chapter.
Table of Contents
Part 1 - Introduction To Microeconomics
1. Analyzing Economic Problems
2. Demand and Supply Analysis
Part 2 - Consumer Theory
3. Consumer Preferences and the Concept of Utility
4. Consumer Choice
5. The Theory of Demand
Part 3- Production and Cost Theory
6. Inputs and Production Functions
7. Costs and Cost Minimization
8. Cost Curves
Part 4 - Perfect Competition
9. Perfectly Competitive Markets
10. Competitive Markets: Applications
Part 5 - Market Power
11. Monopoly and Monopsony
12. Capturing Surplus
Part 6 - Imperfect Competition and Strategic Behavior
13. Market Structure and Competition
14. Game Theory and Strategic Behavior
Part 7 - Special Topics
15. Risk and Information
16. General Equilibrium
17. Externalities and Public Goods
1. Analyzing Economic Problems
2. Demand and Supply Analysis
Part 2 - Consumer Theory
3. Consumer Preferences and the Concept of Utility
4. Consumer Choice
5. The Theory of Demand
Part 3- Production and Cost Theory
6. Inputs and Production Functions
7. Costs and Cost Minimization
8. Cost Curves
Part 4 - Perfect Competition
9. Perfectly Competitive Markets
10. Competitive Markets: Applications
Part 5 - Market Power
11. Monopoly and Monopsony
12. Capturing Surplus
Part 6 - Imperfect Competition and Strategic Behavior
13. Market Structure and Competition
14. Game Theory and Strategic Behavior
Part 7 - Special Topics
15. Risk and Information
16. General Equilibrium
17. Externalities and Public Goods
New To This Edition
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Five brand new problems per chapter! There are over 500 quality problems included throughout the text
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New Application Boxes in nearly every chapter: many derived from ideas and suggestions of real microeconomics students.
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Extensive revision and updates throughout the text to include the most current examples and theory.
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Glossary items are now featured in the margins as well as at the end of the book.
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WileyPLUS--a powerful course management tool that combines a dynamic, interactive learning environment with a complete online version of the textbook.
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Correlated Aplia content available (see www.aplia.com/wiley for details).
Hallmark Features
- Learning-by-Doing problems throughout the text give students a chance to make economics their own. These fully worked-out problems provide a step-by-step road map to help students solve numerical problems. Each problem correlates to similar practice problems at the end of each chapter.
- The authors include many extensive real-world examples in the text. These examples are contemporary applications of the theory and are longer and more extensive to show the evolution of the example. Each chapter opens with an example to draw readers into the topic.
- Over 100 applications make the subject relevant and interesting for students. (For example, Example 10.3 on Scalping Super Bowl Tickets on the Internet.)
- Math and graphs are integrated and presented in parallel, to help students understand both more deeply and to see the connections between them.
- This text includes modern topics and a more modern treatment of conventional topics. Examples include: an integrated treatment of game theory, ologopoly, a more detailed treatment of sunk costs, and consumer surplus.
- This well-respected author team includes David Besanko, a coauthor of Economics of Strategy, Fourth Edition (John Wiley & Sons, Inc.), and Ronald Braeutigam, Provost, and a highly-regarded professor at Northwestern University who has taught the intermediate microeconomics course for over 15 years.
Available Versions
Microeconomics, 3rd Edition
ISBN 978-0-470-04924-2
October 2007, ©2008
Hardcover, 768 pages
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