Microeconomics – R. Pindyck, D. Rubinfeld – 7th Edition


This book is well known for its coverage of modern topics (Game theory, Economics of Information, and Behavioral Economics), clarity of its writing style and graphs, and integrated use of real world examples.

The emphasis on relevance and application to both managerial and public-policy decision-making are focused goals of the book. This emphasis is accomplished by including MANY extended examples that cover such topics as the analysis of demand, cost, and market efficiency; the design of pricing strategies; investment and production decisions; and public policy analysis.

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  • Part I. Introduction: Markets and Prices
    1. Preliminaries
    2. The Basics of Supply and Demand

    Part II. Producers, Consumers, and Competitive Markets
    3. Consumer Behavior
    4. Individual and Market Demand
    5. Uncertainty and Consumer Behavior
    6. Production
    7. The Cost of Production
    8. Profit Maximization and Competitive Supply
    9. The Analysis of Competitive Markets

    Part III. Market Structure and Competitive Strategy
    10. Market Power: Monopoly and Monopsony
    11. Pricing with Market Power
    12. Monopolistic Competition and Oligopoly
    13. Game Theory and Competitive Strategy

  • Citation

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