1st Edition
Intermediate Microeconomics Neoclassical and Factually-oriented Models
By Lester O. Bumas
Copyright 2000
556 Pages
by
Routledge
544 Pages
by
Routledge
Also available as eBook on:
This is the first intermediate microeconomics textbook to offer both a theoretical and real-world grounding in the subject. Relying on simple algebraic equations, and developed over years of classroom testing, it covers factually oriented models in addition to the neoclassical paradigm, and goes beyond theoretical analysis to consider practical realities.
1. Some Economic Perspectives 2. Fundamentals of Supply and Demand 3. Equilibrium and Its Attainment 4. Models of Consumer Behavior 5. The Production Function, Productivity, and Productivity Growth 6. Cost Functions 7. The Firm and the Competitive Product Market 8. Monopoly 9. The Firm 10. Imperfect Competition and Oligopoly 11. Product Price Setting and the Economics of Advertising 12. The Labor Market: Supply and Demand 13. Employment, Unemployment, and the Real Wage 14. The Market for Capital Goods 15. Market Failures
Biography
Lester O. Bumas
