Microeconomic Theory: Basic Principles and Extensions
By Walter Nicholson, Christopher Snyder
About your course materials
Present today’s most cutting-edge treatment of microeconomics with the proven market leader -- MICROECONOMIC THEORY: BASIC PRINCIPLES AND EXTENSIONS. Now even better, this 12th edition offers a level of mathematical rigor ideal for upper-level undergraduate or beginning graduate students. This edition provides clear, accurate coverage of advanced microeconomic concepts while illustrating how theory applies to practical situations Readers work with theoretical tools, real-world applications, new behavioral economics problems, and the latest developments in microeconomics. The book’s unique presentation even helps build student intuition with highly-acclaimed, two-tier end-of-chapter problems that begin with simple numerical/mathematical exercises followed by more analytical, theoretical, complex, and behavioral economics problems. Key figures from the book now appear as interactive Progression Graphs in the all-new online MindTap for Microeconomic Theory.
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About this product
Present today’s most cutting-edge treatment of microeconomics with the proven market leader -- MICROECONOMIC THEORY: BASIC PRINCIPLES AND EXTENSIONS. Now even better, this 12th edition offers a level of mathematical rigor ideal for upper-level undergraduate or beginning graduate students. This edition provides clear, accurate coverage of advanced microeconomic concepts while illustrating how theory applies to practical situations Readers work with theoretical tools, real-world applications, new behavioral economics problems, and the latest developments in microeconomics. The book’s unique presentation even helps build student intuition with highly-acclaimed, two-tier end-of-chapter problems that begin with simple numerical/mathematical exercises followed by more analytical, theoretical, complex, and behavioral economics problems. Key figures from the book now appear as interactive Progression Graphs in the all-new online MindTap for Microeconomic Theory.
STUDENT-FRIENDLY PRESENTATION HELPS ENSURE COMPREHENSION AND APPLICATION. The authors skillfully combine expected calculus derivations used in advanced microeconomics with insightful graphical presentations. Today’s visual learners clearly see the connections between the calculus, geometry, and graphical representations of the same material.
PROVEN LEARNING FEATURES FURTHER STRENGTHEN STUDENT UNDERSTANDING. This edition weaves thorough summaries, memorable examples and instructive figures throughout the presentation to clarify and expand upon key microeconomic principles.
END-OF-CHAPTER “EXTENSIONS” PRESENT EMPIRICAL STUDIES OF THE CHAPTER’S topics. Your students can explore key topics further with these optional empirical studies as well as references to recent and classic related articles. Many extensions illustrate how economic theory is applied to empirical questions.
CONTENT ON DUALITY AND ENVELOPE THEOREM IS COMPLETELY REVISED. The authors have improved the book’ presentation on duality and envelope theorem to provide a more consistent and integrated approach to these key topics.
Table of contents
Chapters
Part 1. Introduction
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