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.
I Introduction
2 The basic theory of consumer choice
3 Money income and real income
4 Utility
5 Intertemporal choice
6 Choice in the face of risk
7 Decision Making: further analysis
8 Production
9 Costs
10 Production functions, cost functions, and the demand for factors of production
11 Perfect competition
12 Monopoly
13 Product differentiation and monopolistic competition
14 Imperfect Competition - an introduction
15 Oligopoly and strategic interaction
16 Game theory
17 Game Theory II
18 Factor demand
19 Factor supply
20 Labour markets - trade unions and bargaining
21 The exchange economy
22 General equilibrium with production
23 Welfare economics
24 Externalities, public goods and Taxes
25 Economics of information
26 Public choice
