"Microeconomic Theory: Basic Principles and Extension, 11/e, International Edition" delivers economic models, theoretical tools, real-world applications, and the latest developments in the study of microeconomics. Insightful graphic presentations help visual learners see the connections between the calculus and the algebra/geometry of the same material as it applies to microeconomic theory.

Table of Contents

Part I: INTRODUCTION. 1. Economic Models. 2. Mathematics for Microeconomics. Part II: CHOICE AND DEMAND. 3. Preferences and Utility. 4. Utility Maximization and Choice. 5. Income and Substitution Effects. 6. Demand Relationships among Goods. Part III: UNCERTAINTY AND STRATEGY. 7. Uncertainty. 8. Game Theory. Part IV: PRODUCTION AND SUPPLY. 9. Production Functions. 10. Cost Functions. 11. Profit Maximization. Part V: COMPETITIVE MARKETS. 12. The Partial Equilibrium Competitive Model. 13. General Equilibrium and Welfare. Part VI: MARKET POWER. 14. Monopoly. 15. Imperfect Competition. Part VII: PRICING IN INPUT MARKETS. 16. Labor Markets. 17. Capital and Time. Part VIII: MARKET FAILURE. 18. Asymmetric Information. 19. Externalities and Public Goods.