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English
Oxford University Press Inc
15 June 1995
This best-selling textbook covers all the topics in microeconomic theory covered by all students of economics. It combines the results of the authors' experience of teaching microeconomics at Harvard and has been fully classroom tested. Microeconomic Theory provides a balanced and in-depth analysis of the essentials of microeconomics, covering topics such as noncooperative game theory, information economics, mechanism design and general equilibrium under uncertainty. 'Self-sufficient' sections allow lecturers to `mix and match' topics relevant to their courses.

Discussion is clear, accessible and engaging, enabling the student to gradually acquire confidence as well as proficiency. Extensive exercises within each chapter help students to hone their skills, while the text's appendix of terms, fully cross-referenced throughout the previous five sections, offers an accessible guide to the subject matter's terminology.

Contents: I. Individual Decision-Making: Preference and Choice; Consumer Choice; Classical Demand Theory; Aggregate Demand; Production; Choice under Uncertainty; II. Game Theory:

Basic Elements of Non-Cooperative Games; Simultaneous-Move Games; Dynamic Games; III. Market Equilibrium and Market Failure: Competitive Markets; Extrnalities and Public Goods; Market Power; Adverse Selection, Signalling, and Screening; The Principal-Agent Problem; IV. General Equilibrium: General Equilibrium Theory: Some Examples; Equilibrium and its Basic Welfare Properties; The Positive Theory of Equilibrium; Some Foundations for Competitive Equilibria; General Equilibrium under Uncertainty; Equilibrium and Time; V. Welfare Economics and Incentives: Social Choice Theory; Elements of Welfare Economics and Axiomatic Bargaining; Incentives and Mechanism Design; Mathematical Appendix

By:   , , ,
Imprint:   Oxford University Press Inc
Country of Publication:   United States
Dimensions:   Height: 255mm,  Width: 201mm,  Spine: 47mm
Weight:   1.636kg
ISBN:   9780195102680
ISBN 10:   0195102681
Pages:   998
Publication Date:  
Audience:   College/higher education ,  Primary
Format:   Paperback
Publisher's Status:   Active
Part I: Individual Decision-Making; Introduction to Part I; Chapter 1: Preference and Choice; Chapter 2: Consumer Choice; Chapter 3: Classical Demand Theory; Chapter 4: Aggregate Demand; Chapter 5: Production; Chapter 6: Choice under Uncertainty; Part II: Game Theory; Introduction to Part II; Chapter 7: Basic Elements of Non-Cooperative Games; Chapter 8: Simultaneous-Move Games; Chapter 9: Dynamic Games; Part III: Market Equilibrium and Market Failure; Introduction to Part III; Chapter 10: Competitive Markets; Chapter 11: Externalities and Public Goods; Chapter 12: Market Power; Chapter 13: Adverse Selection, Signalling, and Screening; Chapter 14: The Principal-Agent Problem; Part IV: General Equilibrium; Introduction to Part IV; Chapter 15: General Equilibrium Theory: Some Examples; Chapter 16: Equilibrium and its Basic Welfare Properties; Chapter 17: The Positive Theory of Equilibrium; Chapter 18: Some Foundations for Competitive Equilibria; Chapter 19: General Equilibrium under Uncertainty; Chapter 20: Equilibrium and Time; Part V: Welfare Economics and Incentives; Introduction to Part V; Chapter 21: Social Choice Theory; Chapter 22: Elements of Welfare Economics and Axiomatic Bargaining; Chapter 23: Incentives and Mechanism Design.

Reviews for Microeconomic Theory

A seminal textbook in that Area. Should be used (and kept) by all graduate students in economic modelisation . Professor Ferrer, Professor, University of Caen A very thorough and up to date presentation of the most important topics in Microeconomics. In my opinion this book will be the main text in many years to come. Ulrich K. Schittko, Universitat Augsburg This is an excellent text book which will be the bible for economic theory. Dr T. Hens, University of Bonn This is a superb, challenging text in micro theory - rigorous, solid and complete, priced competitively. Colm Harmon, Maynooth College This impressive piece is bound soon to become a standard reference for those teaching microeconomics at the graduate level ... this book reads reasonably well and covers virtually all the material on microeconomic theory that can be taught to doctoral students up to date ... The obvious qualities of this book are clarity and lucidity. In most cases, precise definitions and formal proofs of propositions are supplied, accompanied by appropriate remarks, discussions, and examples. Not only does this rigorous treatment help readers to get a clear idea of the basic theory, but also, as an important byproduct, it teaches them how to reconstruct the proofs themselves ... the main quality of this book is probably that the recourse to abstraction is never fortuitous: it is always justified by a research conciseness and is systematically motivated by simple yet convincing illustrations. Economica


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