Description
WILEY INDIA Microeconomics 4Th Edition by David Besanko and Ronald Braeutigam
Business professionals that struggle to understand key concepts in economics and how they are applied in the field rely on Microeconomics. The fourth edition makes the material accessible while helping them build their problem-solving skills. It includes numerous new practice problems and exercises that arm them with a deeper understanding. Learning by Doing exercises explore the theories while boosting overall math skills. Graphs are included throughout the mathematical discussions to reinforce the material. In addition, the balanced approach of rigorous economics gives business professionals a more practical resource. Part 1: Introduction To Microeconomics • Analyzing Economic Problems • Demand and Supply Analysis Part 2: Consumer Theory • Consumer Preferences and the Concept of Utility • Consumer Choice • The Theory of Demand Part 3: Production and Cost Theory • Inputs and Production Functions • Costs and Cost Minimization • Cost Curves Part 4: Perfect Competition • Perfectly Competitive Markets • Competitive Markets: Applications Part 5: Market Power • Monopoly and Monopsony • Capturing Surplus Part 6: Imperfect Competition and Strategic Behavior • Market Structure and Competition • Game Theory and Strategic Behavior Part 7: Special Topics • Risk and Information • General Equilibrium • Externalities and Public Goods