Microeconomics Theory and Applications

Fully revised and expanded in this fourth edition, Microeconomics: Theory and Applications presents all the standard topics of traditional microeconomic theory while offering a modern approach that reflects the many recent developments in the field. With its student-friendly writing style andclear presentation of graphs, this is an ideal text for undergraduate courses in intermediate microeconomics and business programs. Unique Features * Offers a balance of traditional microeconomic topics while addressing contemporary issues and concerns * Introduces an important international dimension to microeconomics, reflecting the strong trend toward globalization in tastes, production, and distribution in today's world * Presents an "At the Frontier" section in each chapter that highlights the most exciting recent examples of advanced theoretical developments in microeconomics New and Expanded Treatment in the Fourth Edition * Includes a new chapter, "Choice Under Uncertainty," which examines consumer choices, risk, and uncertainty * Provides more than 130 new and updated real-world examples of how microeconomic theory can be used to analyze and possibly resolve important present-day economic problems * Offers expanded treatment of important topics such as game theory, financial microeconomics, the new international economies of scale, economics of information, and market structure, efficiency, and regulation * Features Internet site addresses for the most important topics in each chapter Web Site A companion web site is now available at www.oup.com/us/salvatore. New to this fourth edition, this practical learning tool offers updated material, additional examples, and PowerPoint lecture slides for each textbook chapter.Salvatore, Dominick is the author of 'Microeconomics Theory and Applications', published 2002 under ISBN 9780195139952 and ISBN 019513995X.