Microeconomics

More about the book

A dedicated teacher, Don Waldman uses over ninety thought-provoking examples—such as the market for human organs, drug testing in professional baseball, and collusion in the Ivy League—to demonstrate the power of microeconomics as a tool for thinking about complex issues.The Second Edition of Microeconomics is delivered in dotlearn, making the learning experience more robust for a fraction of the cost of a traditional textbook. Waldman’s online text integrates animated figures, hands-on explorations, and dynamic example problems into the core text. dotlearn offers complete course management and assessment options, as well as a fully interactive study guide. With dotlearn, readers are doing economics—not just reading it.Introduction; Supply and Demand; Theory of Consumer Behavior; Further Topics in Consumer Theory; Using Consumer Theory; Uncertainty; The Theory of Production and Costs; Perfectly Competitive Product Markets; The Invisible Hand at Work; Using the Model of Perfect Competition; Monopoly and Monopolistic Competition; Additional Monopoly Practicing Strategies and Public Policy; An Introduction to Game Theory; Oligopoly; Strategic Behavior; Using the Models of Monopoly and Oligopoly; Factor Markets; Investment, Time, and Risk; General Equilibrium and Efficiency; Asymmetric Information; Externalities and Public Goods.For all readers interested in intermediate microeconomics.