Microeconomic theory : basic principles and extensions / by Walter Nicholson and Christopher Snyder

Includes brief answers to queries, solutions to odd-numbered problems, glossary and index.

INTRODUCTION -- Economic models -- Mathematics for microeconomics -- CHOICE AND DEMAND -- Preferences and utility -- Utility maximization and choice -- Income and substitution effects -- Demand relationships among goods -- UNCERTAINTY AND STRATEGY -- Uncertainty -- Game theory -- PRODUCTION AND SUPPLY -- Production functions -- Cost functions -- Profit maximization -- COMPETITIVE MARKETS -- The partial equilibrium competitive model -- General equilibrium and welfare -- MARKET POWER -- Monopoly -- Imperfect competition -- PRICING IN INPUT MARKETS -- Labor markets -- Capital and time -- The mathematics of compound interest -- MARKET FAILURE -- Asymmetric information -- Externalities and public goods