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A fresh modern approach, this lively application-rich text is one of the most accessible books intended for the undergraduate Intermediate Microeconomic market. A dedicated teacher, Don Waldman has written a book that speaks directly to students without talking down to them. This text provides an applications approach to the subject that will excite and engage students, while making the highly theoretic subject matter easier to understand. Its strong presentation of graphs also promotes better

Table of Contents

I. INTRODUCTION, AND SUPPLY AND DEMAND.

1. Introduction.
2. Supply and Demand.

II. CONSUMER BEHAVIOR.

3. Theory of Consumer Behavior.
4. Further Topics in Consumer Theory.
5. Using Consumer Theory.
6. Uncertainty.
III. THE THEORY OF PRODUCTION AND COSTS.

7. The Theory of Production and Costs.
8. Competitive Product Markets.
9. The Invisible Hand at Work.
10. Using the Model of Perfect Competition.
IV. IMPERFECT COMPETITION.

11. Monopoly and Monopolistic Competition.
12. Additional Monopoly Topics: Pricing Strategies and Public Policy.
13. Game Theory: A Framework for Understanding Oligopoly.
14. Basic Oligopoly Theory.
15. Strategic Behavior.
16. Using the Models of Monopoly and Oligopoly.
V. FACTOR MARKETS, INVESTMENT, TIME, AND RISK.

17. Factor Markets.
18. Investment, Time and Risk.
VI. GENERAL EQUILIBRIUM, INFORMATION AND PUBLIC GOODS.

19. General Equilibrium and Efficiency.
20. Asymmetric Information.
21. Externalities and Public Goods.

760 pages