Authors: Robert Pindyck, Daniel Rubinfeld
ISBN-13: 9780132080231, ISBN-10: 0132080230
Format: Hardcover
Publisher: Prentice Hall
Date Published: June 2008
Edition: 7th Edition
KEY BENEFIT: This book is well known for its coverage of modern topics (Game theory, Economics of Information, and Behavioral Economics), clarity of its writing style and graphs, and integrated use of real world examples.
KEY TOPICS: The emphasis on relevance and application to both managerial and public-policy decision-making are focused goals of the book. This emphasis is accomplished by including MANY extended examples that cover such topics as the analysis of demand, cost, and market efficiency; the design of pricing strategies; investment and production decisions; and public policy analysis.
Economists and strategists looking to stay current with economic information.
Part I. Introduction: Markets and Prices
Chapter 1. Preliminaries
Chapter 2. The Basics of Supply and Demand
Part II. Producers, Consumers, and Competitive Markets
Chapter 3. Consumer Behavior
Chapter 4. Individual and Market Demand
Chapter 5. Uncertainty and Consumer Behavior
Chapter 6. Production
Chapter 7. The Cost of Production
Chapter 8. Profit Maximization and Competitive Supply
Chapter 9. The Analysis of Competitive Markets
Part III. Market Structure and Competitive Strategy
Chapter 10. Market Power: Monopoly and Monopsony
Chapter 11. Pricing with Market Power
Chapter 12. Monopolistic Competition and Oligopoly
Chapter 13. Game Theory and Competitive Strategy
Chapter 14. Markets for Factor Inputs
Chapter 15. Investment, Time, and Capital Markets
Part IV. Information, Market Failure, and the Role of Government
Chapter 16. General Equilibrium and Economic Efficiency
Chapter 17. Markets with Asymmetric Information
Chapter 18. Externalities and Public Goods
Appendix: The Basics of Regression
Glossary
Answers to Selected Exercises
Photo Credits
Index