Microeconomics Theory and Applications (5th Revised edition)

ISBN : 9780195382686

Dominick Salvatore
768 ページ
191 x 235 mm

Fully revised and expanded, this fifth edition of Microeconomics: Theory and Applications presents all the standard topics of traditional microeconomic theory while offering a modern approach that reflects the many exciting recent developments in the field. With its student-friendly writing style and clear presentation of graphs, this is an ideal text for undergraduate courses in intermediate microeconomics and business programs. Features of the Fifth Edition *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 more advanced theoretical developments in microeconomics New and Expanded Treatment in the Fifth Edition *Includes electronic commerce, behavioral economics, auctioning airwaves, effect of outsourcing on employment and wages in the United States, fields of education and lifetime earnings, effect of taxation on business decisions *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 Website A companion website is now available at www.oup. com/us/salvatore. This practical learning tool offers updated material, additional examples, and PowerPointR lecture slides for each textbook chapter


CHAPTER 1* Introduction
CHAPTER 2* Basic Demand and Supply Analysis
CHAPTER 3* Consumer Preferences and Choice
CHAPTER 4* Consumer Behavior and Individual Demand
CHAPTER 5* Market Demand and Elasticities
CHAPTER 6 Choice Under Uncertainty
CHAPTER 7* Production Theory
CHAPTER 8* Costs of Production
CHAPTER 9* Price and Output Under Perfect Competition
CHAPTER 10* Price and Output Under Pure Monopoly
CHAPTER 11* Price and Output Under Monopolistic Competition and Oligopoly
CHAPTER 12 Game Theory and Ogilopolistic Behavior
CHAPTER 13* Market Structure, Efficiency, and Regulation
CHAPTER 14* Input Price and Employment Under Perfect Competition
CHAPTER 15 Input Price and Employment Under Imperfect Competition
CHAPTER 16 Financial Microeconomics: Interest, Investment, and the Cost of Capital
CHAPTER 17 General Equilibrium and Welfare Economics
CHAPTER 18 Externalities, Public Goods, and the Role of Government
CHAPTER 19 The Economics of Information


Dominick Salvatore is Distinguished Professor of Economics at Fordham University in New York and Honorary Professor at the Shanghai Finance University. He is Chairman of the Society for Policy Modeling and consultant to the United Nations, the World Bank, and the Economic Policy Institute in Washington, D.C. He is the author of forty-eight books including Schaum's Outline of Microeconomic Theory, Fourth Edition (2006), which was translated into ten languages and sold more than one-half million copies.