Microeconomics: Principles and Analysis

Front Cover
Oxford University Press, 2018 - 623 pages
Complete mathematical support and numerous real-world examples make this the only text to provide an accessible and engaging overview of microeconomics, without compromising on the technical level.

Examples are linked through each individual chapter and throughout the book to enable students to build understanding as they work through each chapter, and then apply what they have learned to other areas of microeconomics.

A range of learning features, including mini-problems, theorems, definitions, and end-of-chapter exercises, complement the examples to help students to master advanced principles and techniques.

Microeconomics is supported by a range of online resources, including:

For registered adopters of the book:

DT Worked solutions to selected exercises in the book which can be distributed to students to illustrate the steps followed to complete the exercises
DT Figures from the book: available to download for use in lectures
DT A complete set of customizable PowerPoint slides to use as the basis for lectures, or as hand-outs in class
DT A solutions manual for all of the exercises in the book
DT Figures to accompany the solutions manual

 

Selected pages

Contents

1 Introduction
1
2 The Firm
8
3 The Firm and the Market
52
4 The Consumer
71
5The Consumer and theMarket
105
6 A Simple Economy
129
7 General Equilibrium
149
8 Uncertainty and Risk
182
11 Information
330
12 Design
379
13 Government and theIndividual
424
Appendix A
467
Appendix B
500
Appendix C
580
References
605
Index
615

9 Welfare
228
10 Strategic Behaviour
272
Copyright

Other editions - View all

Microeconomics: Principles and Analysis
Frank A. Cowell
Snippet view - 2006

Common terms and phrases

actions agent allocation amount analysis apply approach assume assumption Axiom Bill budget Chapter choice choose clear Clearly commodity competitive concept condition consider constraint consumer consumption contract convex corresponding cost defined definition demand derivative determined diagram differentiable discussion distribution economic effect efficient equal equation equilibrium exactly example Exercise expected expression externality Figure firm given gives household illustrated implies income increase indifference curves individual input interesting introduce issues marginal maximise means mechanism Mini Problems move optimal outcome output payoff person play positive possible preferences probability production profits represented respect result risk rule Show side situation slope social solution specific strategy strictly substitution supply Suppose Table Theorem units utility function vector welfare write zero

About the author (2018)

Frank Cowell is Professor of Economics at The London School of Economics.

Bibliographic information

TitleMicroeconomics: Principles and Analysis
AuthorFrank A. Cowell
Editionillustrated
PublisherOxford University Press, 2018
ISBN0198804091, 9780198804093
Length623 pages
  
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