This textbook aims to provide a comprehensive overview of the essentials of microeconomics. It offers unprecedented depth of coverage, whilst allowing lecturers to 'tailor-make' their courses to suit personal priorities. Covering topics such as noncooperative game theory, information economics, mechanism design and general equilibrium under uncertainty, it is written in a clear, accessible and engaging style and provides practice exercises and a full appendix of terminology.
This is a comprehensive textbook covering all of the topics taught in the graduate-level, two-semester course in microeconomic theory required of all graduate students in economics. It combines the results of the authors' experience of teaching microeconomics at Harvard and has been fully classroom tested.
PART I: INDIVIDUAL DECISION-MAKING; PART II: GAME THEORY; PART III: MARKET EQUILIBRIUM AND MARKET FAILURE; PART IV: GENERAL EQUILIBRIUM; PART V: WELFARE ECONOMICS AND INCENTIVES
"A seminal textbook in that Area. Should be used (and kept) by all graduate students in economic modelisation". * Professor Ferrer, Professor, University of Caen *A very thorough and up to date presentation of the most important topics in Microeconomics. In my opinion this book will be the main text in many years to come. * Ulrich K. Schittko, Universitat Augsburg *This is an excellent text book which will be the "bible" for economic theory. * Dr T. Hens, University of Bonn *This is a superb, challenging text in micro theory - rigorous, solid and complete, priced competitively. * Colm Harmon, Maynooth College *This impressive piece is bound soon to become a standard reference for those teaching microeconomics at the graduate level ... this book reads reasonably well and covers virtually all the material on microeconomic theory that can be taught to doctoral students up to date ... The obvious qualities of this book are clarity and lucidity. In most cases, precise definitions and formal proofs of propositions are supplied, accompanied by appropriate remarks, discussions, and examples. Not only does this rigorous treatment help readers to get a clear idea of the basic theory, but also, as an important byproduct, it teaches them how to reconstruct the proofs themselves ... the main quality of this book is probably that the recourse to abstraction is never fortuitous: it is always justified by a research conciseness and is systematically motivated by simple yet convincing illustrations. * Economica *