Discover an exceptionally clear, concise introduction to microeconomics using an approach that avoids high-level mathematics but still offers meaningful practice with Nicholson/Snyder's INTERMEDIATE MICROECONOMICS AND ITS APPLICATION, 13E. These prestigious authors present the economics of markets using a managerial focus and a variety of approaches, including intuitive illustrations, graphical presentations and some simple algebra. A wealth of relevant applications and current examples demonstrate microeconomics at work in a variety of settings. In addition, updated step-by-step video problems and engaging activities allow you to learn by doing. This edition's full-color revisions explain the latest developments and events, including the economic impact of the COVID pandemic. New MindTap online resources are also available to further strengthen your mastery of microeconomic concepts.
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Part I: INTRODUCTION. 1. Economic Models. 2. Mathematics Used in Microeconomics. Part II: DEMAND. 3. Utility and Choice. 4. Demand Curves. Part III: UNCERTAINTY AND STRATEGY. 5. Uncertainty. 6. Game Theory. Part IV: PRODUCTION, COSTS, AND SUPPLY. 7. Production. 8. Costs. 9. Profit Maximization and Supply. Part V: PERFECT COMPETITION. 10. Perfect Competition in a Single Market. 11. General Equilibrium and Welfare. Part VI: MARKET POWER. 12. Monopoly. 13. Imperfect Competition. Part VII: INPUT MARKETS. 14. Pricing in Input Markets. Appendix: Labor Supply. 15. Capital and Time. Appendix: Compound Interest. Part VIII: MARKET FAILURES. 16. Asymmetric Information. 17. Externalities and Public Goods. 18. Behavioral Economics.
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13. utgave
South-Western College Publishing
1338 gr
261 mm
209 mm
27 mm
U, 05
Product language
Product format
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Biographical note

Dr. Walter Nicholson is the Ward H. Patton Emeritus Professor of Economics at Amherst College and a visiting professor at Ave Maria University, Naples, Florida. Throughout his teaching career, Dr. Nicholson has sought to develop in students an appreciation for the value of economic models in the study of important social questions. He also has enjoyed showing students some of the stranger things that economists have sought to model. Dr. Nicholson received his Ph.D. in economics from MIT. Most of his research is in the area of labor economics, especially policy questions related to unemployment. He lives in Naples, Florida and Montague, Massachusetts, where he and his wife enjoy the frequent visits of their eight grandchildren. Dr. Christopher Snyder is the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where he pursues research and teaching interests in microeconomic theory, industrial organization, and law and economics. He is a research associate in the National Bureau of Economic Research, serves on the board of the Industrial Organization Society, and is an associate editor of the Review of Industrial Organization. Snyder received his Ph.D. from MIT. His recent research has appeared in leading economics journals, including the Review of Economics and Statistics and Quarterly Journal of Economics. He lives in Hanover, New Hampshire, with his wife, who also teaches economics at Dartmouth, and three daughters.