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Intermediate Microeconomics and Its Application (with CourseMate  2-Semester Printed Access Card) : 12th Edition - Walter Nicholson

Intermediate Microeconomics and Its Application (with CourseMate 2-Semester Printed Access Card)

12th Edition

Book with Other Items Published: 3rd March 2013
ISBN: 9781133189022
Number Of Pages: 648

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The 12th edition of Intermediate Microeconomics and Its Application, by Walter Nicholson of Amherst College and Christopher Snyder of Dartmouth College, provides an exceptionally clear and concise introduction to the economics of markets, providing a managerial focus and using an algebraic approach. The authors have provided a complete range of highly relevant applications and appealing current examples, filling this edition with strong examples, step-by-step video problems, and activities that engage students' interest and encourage them to learn by doing.

New to this Edition

  • Step-by-step video solutions are provided for selected problems. This collection of videos is available on CourseMate.

  • The text is fully integrated with CourseMate, providing access to a number of learning aids, including an e-Book, step-by-step video solutions, interactive quizzes, flashcards, and solutions to odd-numbered problems.

  • There are more in-chapter numerical illustrations of problem-solving techniques.

  • All applications have been updated and many new ones added.

  • Footnotes have been added showing the derivation of some calculus-based results.



About the Authors

Dr. Walter Nicholson is the Ward H. Patton Emeritus Professor of Economics at Amherst College and a visiting professor at Ave Maria University, Naples, Florida. Throughout his teaching career, Dr. Nicholson has sought to develop in students an appreciation for the value of economic models in the study of important social questions. He also has enjoyed showing students some of the stranger things that economists have sought to model. Dr. Nicholson received his Ph.D. in economics from MIT. Most of his research is in the area of labor economics, especially policy questions related to unemployment. He lives in Naples, Florida and Montague, Massachusetts, where he and his wife enjoy the frequent visits of their eight grandchildren.

Dr. Christopher Snyder is the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where he pursues research and teaching interests in microeconomic theory, industrial organization, and law and economics. He is a research associate in the National Bureau of Economic Research, serves on the board of the Industrial Organization Society, and is an associate editor of the Review of Industrial Organization. Snyder received his Ph.D. from MIT. His recent research has appeared in leading economics journals, including the Review of Economics and Statistics and Quarterly Journal of Economics. He lives in Hanover, New Hampshire, with his wife, who also teaches economics at Dartmouth, and three daughters.


Part I: INTRODUCTION.

1. Economic Models.

Appendix: Mathematics Used in Microeconomics.

Part II: DEMAND.

2. Utility and Choice.

3. Demand Curves.

Part III: UNCERTAINTY AND STRATEGY.

4. Uncertainty.

5. Game Theory.

Part IV: PRODUCTION, COSTS, AND SUPPLY.

6. Production.

7. Costs.

8. Profit Maximization and Supply.

Part V: PERFECT COMPETITION.

9. Perfect Competition in a Single Market.

10. General Equilibrium and Welfare.

Part VI: MARKET POWER.

11. Monopoly.

12. Imperfect Competition.

Part VII: INPUT MARKETS.

13. Pricing in Input Markets.

Appendix: Labor Supply.

14. Capital and Time.

Appendix: Compound Interest.

Part VIII: MARKET FAILURES.

15. Asymmetric Information.

16. Externalities and Public Goods.

17. Behavioral Economics.

ISBN: 9781133189022
ISBN-10: 1133189024
Series: Mindtap Course List
Audience: Tertiary; University or College
Format: Book with Other Items
Language: English
Number Of Pages: 648
Published: 3rd March 2013
Publisher: Cengage Learning, Inc
Country of Publication: US
Dimensions (cm): 26.1 x 20.9  x 2.9
Weight (kg): 1.7
Edition Number: 12
Edition Type: Revised

Earn 277 Qantas Points
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