Is it more efficient to rent a car or take taxis while on vacation? How do coupons change demand? MICROECONOMICS: AN INTUITIVE APPROACH explains the economic theory underlying everyday choices in a fun and conversational way. While showing the big picture of economic intuition, this easy-to-read text also aids conceptual thinking with careful analysis. Each copy includes access to online LiveGraphs -- a suite of interactive, animated graphs that allows you to view dimensional graphs and functions illustrated in the book, as well as some additional graphs that are not in the printed text. LiveGraphs and the Study Guide are accessible through the access code that is included with the purchase of a new text.
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The book presents a vigorous treatment of all relevant introductory microeconomic concepts. The book also emphasizes on modern economics — game theory and imperfect markets.
Microeconomics: Theory & Applications, 13th Edition teaches students how fundamental tools of analysis are used explain and predict market phenomena.
BY ROBERT L. ROSE A penny saved is a penny earned . Usually . Take the case of Grace Capetillo , a thirty - six - year - old mother with a true talent for parsimony . To save on clothing , Ms. Capetillo dresses herself plainly in thrift ...
In this book Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures.
The text closes with a chapter that presents the cost efficiency and best process methods, which are used to determine the right combination of labor, capital, and land equipment to determine maximum output and minimal costs.
This book shows, from start to finish, how microeconomics can and should be used in the analysis of public policy problems.
This book helps readers to think like an economist.
This is a book on applied microeconomics.
This is the first intermediate microeconomics textbook to offer both a theoretical and real-world grounding in the subject.