Significant modifications were made to the theory of the firm chapters, particularly the price-taking firm (see Chap 10).
The treatment of applied costs (Chap 9) has been made more standard.
Some "advanced" topics that included more complex math have been dropped.
The chapter on government (18) has been dropped, and the key topics integrated into the rest of the text.
More ...show moreexamples have been provided throughout the text.
Distinctive organization integrates treatment of commodity demands and input supplies (Chap.2); early placement of welfare economics (Chap.12); early treatment of profit maximization in discussion of the firm (Chap.7).
...show lessEdition/Copyright: 3RD 98 Cover: Hardback Publisher: Richard D. Irwin, Inc. Published: 08/01/1997 International: No
View Table of Contents
TABLE OF CONTENTS
Chapter 1 The Market Economy
Part I The Household
Chapter 2 Consumer Choice
Chapter 3 Comparative Statics and Demand
Chapter 4 Price Changes and Consumer Welfare
Chapter 5 The Household as Supplier
Chapter 6 Choice under Uncertainty
Part II The Firm
Chapter 7 The Firm and Its Goals
Chapter 8 Technology and Production
Chapter 9 Cost
Part III The Competitive Model
Chapter 10 The Price-Taking Firm
Chapter 11 Equilibrium in Competitive Markets
Chapter 12 General Equilibrium and Welfare Economics
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