Intermediate Microeconomics

This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic traditional theory, but also a “From the Literature” box in each chapter directing students to applications of the theory. The theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A substantial number of homework problems are also interspersed throughout the text. Covering the essential topics of microeconomics, this book is highly suitable for a one-term class in microeconomics at the intermediate level.

A complimentary copy of the Instructor's Manual and the PowerPoint presentations of the text materials are available for all instructors who adopt this book as a course text. Please send your request to sales@wspc.com.

Contents:

• Some Building Blocks
• Review of Supply and Demand
• Preferences, Utility, Demand
• Income and Substitution Effects and Elasticity
• Moving Toward Profit: The Firm's Costs
• Profit Maximization: The Case of Competition
• Monopoly
• More Monopoly
• Oligopoly
• The Long-Run Competitive Model
• Hiring Labor
• General Equilibrium
• Welfare Economics
• Uncertainty

Readership: Researchers, academics, undergraduates and graduates in economics.
Key Features:

• The volume is more axiomatic than most, yet does not require a background in mathematics beyond one-variable calculus
• Additional problems and applications are posed in a separate, stand-alone workbook
• PowerPoint slides and an Instructor's Manual with test questions are available for instructors