Microeconomic Theory(1st Edition)

Authors:

Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

In Stock: 1 Left

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Book details

ISBN: 0195073401, 978-0195073409

Book publisher: Oxford University Press

Book Price $90.24 : Microeconomic Theory by Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green is a seminal work in the field of economics, meticulously crafted to offer an in-depth exploration of microeconomic models and principles. The book intricately details fundamental concepts such as consumer theory, producer theory, and market equilibria, weaving in advanced elements of game theory and information economics. Notably, it explores the implications of oligopolies on market competition and dives into the subtleties of welfare economics and externalities. A central feature of this textbook is its comprehensive approach to solution methodologies, providing clear 'solution manual' insights and 'answer key' guidance to complex theoretical problems, essentially equipping students and practitioners with robust analytical tools. The 'table of content' is systematically structured to guide readers through the layers of microeconomic analysis, promoting a sequential understanding of topics that range from classic economic models to modern-day applications. The reception of this book in academia is overwhelmingly positive, often cited as a definitive resource for graduate studies in economics due to its rigorous treatment of microeconomic theory paired with practical applications. Instructors and students find the extensive exercises particularly beneficial, designed to reinforce learning outcomes and analytical proficiency. Whether for classroom use or individual study, Microeconomic Theory serves as an indispensable resource for anyone looking to master the complexities of economic analysis. With its firm grounding in economic theory and practice, the book stands as a cornerstone reference for both theoretical economists and policy makers. Incorporating a cheap review section, this book helps students reinforce their understanding in a cost-effective way.

Customer Reviews

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RM
Russell Morgan
5.0
As an economics major, I found 'Microeconomic Theory' to be an invaluable resource. It manages to break down complex concepts with clarity, using insightful examples that really helped me understand the nuances of microeconomic principles. The book arrived faster than expected, which was perfect since I needed it urgently for my course. Another perk: got a nice deal using my membership discount, saving a little extra is always a bonus. Highly recommend it for anyone seriously studying economics!