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Microeconomic Theory: Basic Principles and Extensions

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Book Details:

  • Author: Walter Nicholson

  • Publisher: Cengage Learning

  • Edition: 12th Edition

  • Binding Type: Paperback

  • Number of Pages: 786

  • Release Date: 01-01-2017

  • ISBN: 9789386668059

  • Language: English

  • Dimensions: 10.0 x 8.0 x 1.1 inches

About The Book:

Microeconomic Theory: Basic Principles and Extensions by Walter Nicholson is the definitive guide for upper-level undergraduate and beginning graduate students in economics. This 12th edition offers a comprehensive treatment of microeconomic theory, with a level of mathematical rigor that is perfect for advanced learners. The book not only presents core microeconomic principles but also illustrates how these theories apply to real-world situations, preparing students to analyze and solve contemporary economic issues.

This edition brings together the latest advancements in microeconomics, including new behavioral economics problems, and provides readers with an in-depth understanding of economic behavior. The text introduces practical applications and theoretical tools that build students' intuition through a two-tier system of end-of-chapter problems—starting with simpler numerical and mathematical exercises, followed by more complex, analytical, and behavioral economics challenges.

A perfect resource for students eager to master the concepts of microeconomics and apply them to current economic trends and behaviors, this edition continues to be a proven market leader in the field.