Wyn Morgan,
University of Nottingham Michael Katz,
University of California at Berkeley Harvey Rosen,
Princeton University
ISBN: 0077109074 Copyright year: 2006
Microeconomics, European Edition offers comprehensive coverage of microeconomic theory, explaining how this is used to analyse and evaluate contemporary market systems. This European edition has been adapted from the well-established US text, to provide a thoroughly European approach to the subject. The book draws on relevant real world examples to highlight how theory can help to solve or understand a range of problems and is a central basis for thinking like an economist.
Key features include:
Chapter Introductions, outlining the main themes of the chapter and setting the scene for further discussion
Modern topics such as game theory and asymmetric information, which are given the same careful treatment as traditional issues
Up to date European examples provided throughout the text, drawing on a variety of contexts including housing, education, industry and agriculture
Key Terms, highlighted throughout the book, with summary definitions at the end of each chapter
Chapter Summary to briefly review and reinforce the main topics covered in each chapter and to ensure a solid understanding of key issues
Discussion Questions to encourage students to apply the knowledge acquired from each chapter to specific situations
Progress Checks, included within each chapter to test students' knowledge as they learn. Answers to the Progress Checks are supplied at the end of the book