Microeconomics plus MyEconLab plus eBook 1-semester Student Access Kit

Students need to learn two skills in this course: they need to master the requisite micro theory, and at the same time develop their problem-solving skills.Microeconomicshas become a market leader because Perloff presents theory in the context of real, data-driven examples, and then develops intuition through his hallmark Solved Problems. Students gain a practice perspective, seeing how models connect to real-world decisions being made in today’s firms and policy debates.

Introduction.Supply and Demand:Supply and Dem∧ Applying the Supply-and-Demand Model.Consumer Theory:Consumer Choice; Applying Consumer Theory.Theory of the Firm:Firms and Production; Costs.Perfect Competition:Competitive Firms and Markets; Applying the Competitive Model; General Equilibrium and Economic Welfare.Market Power and Market Structure:Monopoly; Pricing and Advertising; Oligopoly and Monopolistic Competition; Game Theory.Factor Markets:Factor Markets and Vertical Integration; Interest Rates, Investments, and Capital Markets.Uncertainty, Missing Markets, and Limited Information:Uncertainty; Externalities, Commons, and Public Goods; Asymmetric Information; Contracts and Moral Hazards.

For all readers interested in algebra-based intermediate microeconomics.