Microeconomics Theory An Integrated Approach

• Main Authors: Mathis, Stephen (Author), Koscianski, Janet (Author)
• Format: Book
• Language: English
• Published: Upper Saddle River, N.J. Prentice Hall 2002
• Subjects: Economics, Mathematical; Microeconomics
• Online Access: Click Here to View Status and Holdings.
• Item Description: Includes index
• Physical Description: xxi, 681 pages illustrations 25 cm
• ISBN: 0130114189

This book, which focuses on the fundamentals of microeconomic theory, presents an integrated approach to solving decision-making problems. Concepts are developed by using several tools: words, graphs, mathematics, and real-world examples; this allows the reader to solve many models and problems by forming actual numerical solutions, providing an understanding of the underlying principles these solutions represent. The book is organized into 6 broad-based topical areas: a review of basic calculus techniques, including univariate and multivariate functions; theory of the consumer, including utility theory, consumer optimization, market demand curves, and demand related elasticities; theory of the firm, including short and long run production; market structures, including perfect competition, monopoly, and oligopoly; input markets, including demand for and supply of labor, and capital markets; and general equilibrium analysis. For those needing to analyze decision-making processes of their business, including agents, consumers, entrepreneurs, suppliers of resources, investors, and policy-makers.