Microeconomics: Theory and Applications with Calculus
by Jeffrey M. Perloff
5th Edition
Publisher: Pearson
Book Details
| Print ISBN | 9780135183779 |
| eText ISBN | 9780135183977 |
| Publisher | Pearson |
| Publishing Year | 2020 |
| Edition | 5th Edition |
| Language | English |
| Pages | 800 |
Microeconomics: Theory and Applications with Calculus, 5th Edition, is an intermediate textbook by Jeffrey M. Perloff that connects formal economic models with practical applications. The text introduces economic theory through a blend of calculus, algebra, and graphs.
Coverage addresses consumer constrained choice, demand, and welfare analysis alongside firm production, costs, competitive markets, and general equilibrium. The book also examines imperfect market structures, game theory, factor markets, uncertainty, externalities, and asymmetric information.
To prepare students to apply theory to policy analysis, the 2020 edition incorporates new challenges and step-by-step solved problems based on estimated real-world scenarios.
Table of Contents
Chapter 1: Introduction
Chapter 2: Supply and Demand
Chapter 3: A Consumer's Constrained Choice
Chapter 4: Demand
Chapter 5: Consumer Welfare and Policy Analysis
Chapter 6: Firms and Production
Chapter 7: Costs
Chapter 8: Competitive Firms and Markets
Chapter 9: Properties and Applications of the Competitive Model
Chapter 10: General Equilibrium and Economic Welfare
Chapter 11: Monopoly and Monopsony
Chapter 12: Pricing and Advertising
Chapter 13: Game Theory
Chapter 14: Oligopoly and Monopolistic Competition
Chapter 15: Factor Markets
Chapter 16: Uncertainty
Chapter 17: Property Rights, Externalities, Rivalry, and Exclusion
Chapter 18: Asymmetric Information
Chapter 19: Contracts and Moral Hazards
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