Microeconomics: Theory and Applications with Calculus 4th Global Edition, ISBN-13: 978-1292154459

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Microeconomics: Theory and Applications with Calculus 4th Global Edition, ISBN-13: 978-1292154459

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  • Publisher: Pearson; 4th edition (August 11, 2017)
  • Language: English
  •  785 pages
  • ISBN-10: 1292154454
  • ISBN-13: 978-1292154459


Significantly revised and updated with new real-world examples, exercises, and applications, this Fourth Edition of Microeconomics: Theory and Applications with Calculus remains the premiere microeconomics text to marry formal theory with robust, thoroughly analyzed real-world problems.

Aimed at readers who possess a basic understanding of microeconomics, Perloff introduces economic theory through a combination of calculus, algebra, and graphs. The text integrates estimated, real-world problems and applications, using a step-by-step approach to demonstrate how microeconomic theory can be applied to solve practical problems and policy issues. Compared to other similar texts, the author also places greater emphasis on using contemporary theories–such as game theory and contract theory–to analyze markets.

KEY TOPICS: Introduction; Supply and Demand; A Consumer’s Constrained Choice; Demand; Consumer Welfare and Policy Analysis; Firms and Production; Costs; Competitive Firms and Markets; Properties and Applications of the Competitive Model; General Equilibrium and Economic Welfare; Monopoly and Monopsony; Pricing and Advertising; Game Theory; Oligopoly and Monopolistic Competition; Factor Markets; Uncertainty; Property Rights, Externalities, Rivalry, and Exclusion; Asymmetric Information; Contracts and Moral Hazards.

MARKET: For anyone interested in calculus-based intermediate microeconomics.

Jeffrey M. Perloff is a professor in and chair of the Department of Agricultural and Resource Economics at the University of California at Berkeley. His textbooks are Modern Industrial Organization (co-authored with Dennis Carlton) and Microeconomics. Professor Perloff has been an editor of Industrial Relations and an associate editor of the American Journal of Agricultural Economics. He is currently an associate editor of the Journal of Productivity Analysis and edits the Journal of Industrial Organization Education. A fellow of the American Agricultural Economics Association, his economic research covers industrial organization, marketing, labor, trade, and econometrics. He has consulted with a number of nonprofit organizations and government agencies including the Federal Trade Commission and the Departments of Commerce, Justice, and Agriculture.

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