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Intermediate Microeconomics - A Tool-Building Approach (Paperback, 2nd edition)
Loot Price: R2,038
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Intermediate Microeconomics - A Tool-Building Approach (Paperback, 2nd edition)
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Intermediate Microeconomics: A Tool-Building Approach is a clear
and concise calculus-based exposition of current microeconomic
theory that is essential for students pursuing degrees in economics
or business. The second edition explicitly incorporates constrained
optimization techniques. This beautifully presented and accessible
text covers all the essential topics typically required at the
intermediate level, from consumer and producer theory to the market
structures of perfect competition, monopoly, duopoly, and
oligopoly. Other topics include general equilibrium, risk, and game
theory, as well as chapters on externalities, asymmetric
information, and public goods. Through numerical examples as well
as exercises, the book aims to teach microeconomic theory via a
process of learning-by-doing. When there is a skill to be acquired,
a list of steps outlining the procedure is provided, followed by an
example to illustrate how this procedure is carried out. Once
learned, students will be able to solve similar problems and be
well on their way to mastering the skills needed for future study.
Intermediate Microeconomics presents a large amount of material in
a concise way, without sacrificing rigor or clarity of exposition.
Through use of this text, students will acquire both the analytical
toolkit and theoretical foundation necessary in order to take
upper-level field courses in economics, such as industrial
organization, international trade, and public finance.
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