Microeconomic Theory: Basic Principles & Extensions

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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's presentation on duality and envelope theorem to provide a more consistent and integrated approach to these key topics.

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.