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Microeconomics and Behavior » (8th Edition)

Book cover image of Microeconomics and Behavior by Robert H. Frank

Authors: Robert H. Frank
ISBN-13: 9780073375946, ISBN-10: 0073375942
Format: Hardcover
Publisher: McGraw-Hill Companies, The
Date Published: September 2009
Edition: 8th Edition

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Author Biography: Robert H. Frank

Robert H. Frank received his B.S. in mathematics from Georgia Tech in 1966, then taught math and science for two years as a Peace Corps Volunteer in rural Nepal. He received his M.A. in statistics from the University of California at Berkeley in 1971, and his Ph.D. in economics in 1972, also from U.C. Berkeley. He is the Goldwin Smith Professor of Economics at Cornell University, where he has taught since 1972 and where he currently holds a joint appointment in the department of economics and the Johnson Graduate School of Management. During leaves of absence from Cornell, he served as chief economist for the Civil Aeronautics Board from 1978 to 1980 and was a Fellow at the Center for Advanced Study in the Behavioral Sciences in 1992-93. He has published on a variety of subjects, including price and wage discrimination, public utility pricing, the measurement of unemployment spell lengths, and the distributional consequences of direct foreign investment. For the past several years, his research has focused on rivalry and cooperation in economic and social behavior. His books on these themes include Choosing the Right Pond: Human Behavior and the Quest for Status (Oxford University Press, 1985) and Passions Within Reason: The Strategic Role of the Emotions (W.W. Norton, 1988). He and Philip Cook are co-authors of The Winner-Take-All Society (The Free Press, 1995) , which received a Critic’s Choice Award and appeared on both the New York Times Notable Books list and Business Week Ten Best list for 1995. His most recent general interest publication is Luxury Fever (The Free Press, 1999). Professor Frank’s books have been translated into eight languages. He has been awarded an Andrew W. Mellon Professorship (1987 – 1990), a Kenan Enterprise Award (1993), and a Merrill Scholars Program Outstanding Educator Citation (1991).

Book Synopsis

Robert Frank’s Microeconomics and Behavior covers the essential topics of microeconomics while exploring the relationship between economics analysis and human behavior. The book’s clear narrative appeals to students, and its numerous examples help students develop economic intuition. This book introduces modern topics not often found in intermediate textbooks. Its focus throughout is to develop a student’s capacity to “think like an economist.”

Table of Contents

Preface
Ch. 1Thinking Like an Economist
Ch. 2Supply and Demand
Ch. 3Rational Consumer Choice
Ch. 4Individual and Market Demand
Ch. 5Applications of Rational Choice and Demand Theories
Ch. 6The Economics of Information and Choice Under Uncertainty
Ch. 7Explaining Tastes: The Importance of Altruism and Other Nonegoistic Behavior
Ch. 8Cognitive Limitations and Consumer Behavior
Ch. 9Production
Ch. 10Costs
Ch. 11Perfect Competition
Ch. 12Monopoly
Ch. 13Oligopoly and Monopolistic Competition
Ch. 14Labor
Ch. 15Capital
Ch. 16General Equilibrium and Market Efficiency
Ch. 17Externalities, Property Rights, and the Coase Theorem
Ch. 18Government
Appendixes
Ch. 3 AppThe Utility Function Approach to the Consumer Budgeting Problem
Ch. 4 AppAdditional Topics in Demand Theory
Ch. 5 AppAdditional Applications of Rational Choice and Demand Theories
Ch. 6 AppSearch Theory and the Winner's Curse
Ch. 9 AppMathematical Extensions of Production Theory
Ch. 10 AppMathematical Extensions of the Theory of Costs
Ch. 13 AppAdditional Models of Monopolistic Competition
Ch. 15 AppA More Detailed Look at Exhaustible Resource Allocation
Index

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