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Microeconomics, 5th Edition

November 2013, ©2014
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Description

Microeconomics, 5th Edition gives students the most effective approach for learning microeconomic tools and concepts. This text provides an accessible, integrated structure with numerous practice problems, exercises, and engaging applications.  Worked-out Learning-by-Doing problems, mathematical and graphical data, and verbal explanations enable business and economics majors to recognize significant data, patterns, and trends.

Microeconomics, 5th Edition is also available as a Wiley E-Text: Powered by VitalSource enhanced with dynamic content to further enrich student learning.

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Author Information

DAVID BESANKO is the Alvin J. Huss Distinguished Professor of Management and Strategy at the Kellogg School of Management at Northwestern University. He received his AB in Political Science from Ohio University in 1977, his MS in Managerial Economics and Decision Sciences from Northwestern University in 1982. Before joining the Kellogg faculty in 1991, Professor Besanko was a member of the faculty of the School of Business at Indiana University from 1982 to 1991. In addition, in 1985, he held a post-doctorate position on the Economics Staff at Bell Communications Research. Professor Besanko teaches courses in the fields of Management and Strategy, Competitive Strategy, and Managerial Economics. In 1995, the graduating class at Kellogg awarded Professor Besanko the L.G. Lavengood Professor of the Year, the highest teaching honor a faculty member at Kellogg can receive.

RONALD R. BRAEUTIGAM is the Harvey Kapnick Professor of Business Institutions in the Department of Economics at Northwestern University. He is Associate Dean for Undergraduate Studies in the Weinberg College of Arts and Sciences. He received a BS in Petroleum Engineering from the University of Tulsa in 1970 and then attended Stanford University and the California Institute of Technology, and he has also held an appointment as a Senior Research Fellow at the Wissenschaftszentrum Berlin (Science Center Berlin). He has also worked in both government and industry, beginning his career as a petroleum engineer with Standard Oil of Indiana (now BP), serving as research economist in The White House office of Telecommunications Policy, and as an economic consultant to Congress, many government agencies and private firms on matters of pricing, costing, managerial strategy, antitrust, and regulation.

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New To This Edition

  • This book is also available as a Wiley E-Text: Powered by VitalSource enhanced with dynamic content such as embedded quizzes, audio-enhanced graphics, interactive charts and graphs, and clickable images.
  • New applications with a focus on current events such as health care reform in the U.S., the collapse of AIG, parking meter privatization in Chicago, and the bailout of the Parmesan cheese industry in Italy.
  • New content on pay for performance has been added to Chapter 15 and on contrasting emissions fees, emission standards, and tradable permits to Chapter 17.
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The Wiley Advantage

  • This book is also available as a Wiley E-Text: Powered by VitalSource enhanced with dynamic content such as embedded quizzes, audio-enhanced graphics, interactive charts and graphs, and clickable images.
  • Custom Content allows instructors to customize this textbook with Hot Topic modules, Darden cases, and other content from Wiley’s Professional Development titles.
  • Learning By Doing Exercises, one of the key features of the text, will now be presented in a more interactive format directly in-line with the e-textbook.
  • End-of-Chapter Problems will be available through Respondus to provide more integration with a variety of different LMSs.
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Instructors Resources
Wiley Instructor Companion Site
Instructor’s Resource Manual
Offers helpful teaching ideas, advice on course development, sample assignments, learning objectives, lecture outlines, class exercises, lecture notes, chapter reviews, and more!
Test Bank
Test your students’ comprehension with this digital collection of fill-in-the-blank, multiple-choice, true/false, and free-response questions.
Computerized Test Bank
Test your students’ comprehension with this digital collection of fill-in-the-blank, multiple-choice, true/false, and free-response questions. Easily pick, choose, and incorporate questions to include in your student assessments. Wiley’s CBTs allows you to tailor exams according to study objectives and learning outcomes.
Instructor Solutions Manual
Contains detailed solutions to all questions, exercises, and problems in the textbook.
PowerPoint Lecture Slides
Our PowerPoint™ lecture slides contain a combination of key concepts allowing you to illustrate important topics with images, figures, and problems from the textbook.
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Students Resources
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Student Web Quizzes
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Purchase Options
Wiley E-Text   
Microeconomics, 5th Edition
ISBN : 978-1-118-88322-8
816 pages
May 2014, ©2014
$82.50   BUY

Loose-leaf   
Microeconomics, Binder Ready Version, 5th Edition
ISBN : 978-1-118-48887-4
816 pages
May 2016, ©2014
$170.95   BUY

Paperback   
Microeconomics, 5th Edition
ISBN : 978-1-118-57227-6
816 pages
November 2013, ©2014
$242.95   BUY

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