This new edition builds a comprehensive picture of the microeconomic tools required to solve a wide range of problems by using an innovative combination of written, illustrative and mathematical analysis. It helps the reader to think like an economist - in particular demonstrating how individuals, firms and policy-makers decide their best course of action.
Chapter I Introduction Part 1THE THEORY OF CONSUMER BEHAVIOUR Chapter 2 The basic theory of consumer choice Chapter3 Money income and real income Chapter 4 Utility Part II Consumer Theory: Further Topics Chapter 5 Intertemporal choice Chapter 6 Choice in the face of risk Chapter 7 Decision Making: further analysis Part III Production and Costs Chapter 8 Production Chapter 9 Costs Chapter 10 Production functions, cost functions, and the demand for factors of production Part IV Basic Theory of the Firm Chapter 11 Perfect competition Chapter 12 Monopoly Chapter 13 Product differentiation and monopolistic competition Part V Oligopoly and Strategic Interaction Chapter 14 Imperfect Competition an introduction Chapter 15 Oligopoly and strategic interaction Chapter 16 Game theory Chapter 17 Game Theory II Part VI Factor Markets Chapter 18 Factor demand Chapter 19 Factor supply Chapter 20 Labour markets trade unions and bargaining Part VII General Equilibrium and Welfare Chapter 21 The exchange economy Chapter 22 General equilibrium with production Chapter 23 Welfare economics Part VIII Missing Markets Chapter 24 Externalities, public goods and Taxes Chapter 25 Economics of information Chapter 26 Public choice
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