Pindyck, Robert S.; Rubinfeld, Daniel L.;Mehta, Prem L.
Microeconomics
- 7th Ed.,
- New Delh Pearson 2011
- xxx, 674 p 25 cm ; Pbk
Gratis Rs.749/-
PART I:Introduction: Markets and Prices Preliminaries Demand and Supply PART II: Producers, Consumers, and Competitive Markets Consumer Choice Individual and Market Demand Production The Cost of Production Profit Maximization and Perfect Competition The Analysis of Competitive Markets PART III: Market Structure and Competitive Strategy Market Power: Monopoly and Monopsony Pricing with Market Power Monopolistic Competition and Oligopoly Game Theory and Competitive Strategy Price and Employment of Factor Inputs Investment, Time, and Capital Markets PART IV: Information, Market Failure, and the Role of Government General Equilibrium and Economic Efficiency Externalities and Public Goods Markets with Asymmetric Information PART V: Risk and Uncertainty Choice Involving Risk
Improved exposition of some of the core material on production and cost in Chapters 5, 6, and 7, as well as the mathematical appendix to Chapter 6 New material has been added in Chapter 13 to clarify the distinction between monopsony power and bargaining power. The chapter on externalities and public goods has been expanded and updated to include a more thorough and up-to-date treatment of environmental economics. Substantially revised and updated coverage of behavioral economics in Chapter 18 New sections on international price discrimination and dumping, non-price competition, and bilateral monopoly Rewritten and improved sections on externalities, a new section on stock externalities (of the kind that arise with greenhouse gases and global warming), and an example on pollution control in China Most of the older examples have been updated or replaced, and several new examples have been added.