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Microeconomic Theory: Basic Principles & Extensions, 13th Edition By Walter Nicholson, Christopher Snyder

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Pages
754
File size
16.02 MB
Format
Digital PDF
Course
Business
Category
eBook[PDF]
About this ebook
Microeconomic Theory: Basic Principles & Extensions (13th Edition) by Walter Nicholson and Christopher M. Snyder is a market-leading textbook designed to provide advanced undergraduate and graduate-level students with a rigorous, calculus-based foundation in microeconomics. Published by Cengage Learning, it bridges advanced mathematical concepts with practical economic intuition. [1, 2, 3]
Key Specifications
  • Authors: Walter Nicholson (Amherst College) and Christopher M. Snyder (Dartmouth College)
  • Publisher: Cengage Learning
  • Print ISBNs: 9780357929384, 0357929381
  • Digital ISBNs: 9780357929476, 9798214048352
  • Length: 784 pages [1, 2, 3, 4, 5]
Core Structural Features
  • Calculus-Based Approach: Employs explicit calculus to model consumer choice, production, and market equilibrium.
  • Two-Tier Problem Sets: End-of-chapter segments offer basic mathematical exercises followed by complex analytical or behavioral problems.
  • Integrated Behavioral Economics: Explores modern deviations from traditional rational-choice theory.
  • Visual Anchor Tools: Uses step-by-step graphical extensions alongside mathematical proofs. [1, 2]
Primary Areas of Study
  • Choice and Demand: Utility maximization, income effects, substitution effects, and market demand functions.
  • Production and Supply: Cost minimization, profit maximization, and perfectly competitive supply curves.
  • Market Structures: Monopoly behavior, imperfect competition, game theory models, and strategic pricing.
  • Asymmetric Information: Principal-agent issues, adverse selection, and moral hazard mechanics.

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