For courses in microeconomics.
Exploring Microeconomics: Formal Theory and Practical Problems
Significantly revised and updated with new real-world examples, exercises, and applications, this Fourth Edition of Microeconomics: Theory and Applications with Calculus remains the premiere microeconomics text to marry formal theory with robust, thoroughly analyzed real-world problems.
Intended as an intermediate microeconomics text, Perloff introduces economic theory through a combination of calculus, algebra, and graphs. The text integrates estimated, real-world problems and applications, using a step-by-step approach to demonstrate how microeconomic theory can be applied to solve practical problems and policy issues. Compared to other similar texts, the author also places greater emphasis on using contemporary theories–such as game theory and contract theory–to analyze markets.
MyEconLab® not included. Students, if MyEconLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyEconLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.
MyEconLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts.
Table of Contents
Chapter 1 Introduction
Chapter 2 Supply and Demand
Chapter 3 A Consumer’s Constrained Choice
Chapter 4 Demand
Chapter 5 Consumer Welfare and Policy Analysis
Chapter 6 Firms and Production
Chapter 7 Costs
Chapter 8 Competitive Firms and Markets
Chapter 9 Properties and Applications of the Competitive Model
Chapter 10 General Equilibrium and Economic Welfare
Chapter 11 Monopoly and Monopsony
Chapter 12 Pricing and Advertising
Chapter 13 Game Theory
Chapter 14 Oligopoly and Monopolistic Competition
Chapter 15 Factor Markets
Chapter 16 Uncertainty
Chapter 17 Property Rights, Externalities, Rivalry, and Exclusion
Chapter 18 Asymmetric Information
Chapter 19 Contracts and Moral Hazards