**Microeconomics: Theory and Applications with Calculus 5th Edition by Jeffrey Perloff, ISBN-13: 978-0135183779**

[PDF eBook eTextbook]

- Publisher: Pearson; 5th edition (April 1, 2019)
- Language: English
- 845 pages
- ISBN-10: 0135183774
- ISBN-13: 978-0135183779

**For intermediate microeconomics courses.**

Exploring microeconomics: Formal theory and practical problems

* Microeconomics: Theory and Applications with Calculus *marries economic theory with robust, real-world problems. Perloff introduces contemporary theory through a combination of calculus, algebra and graphs and then uses it to analyze markets. It integrates real problems and applications, using a step-by-step approach to demonstrate how theory can be applied to solve practical problems and policy issues every day.

Featuring new challenges and solved problems, the * 5th Edition *effectively preps students to apply economic theory to the latest policy analysis in the field.

– Real-World Examples use real people, companies and data to illustrate basic microeconomic theory. They provide a practical perspective that showcases the versatility of modern microeconomics.

– Extensive coverage of issues, including resource economics, labor economics, international trade, public finance, and industrial organization, is analyzed using contemporary theories.

– What-If Policy Analysis sections use microeconomic models to probe the likely outcomes of changes in public policies.

– UPDATED: Solved Problems provide students with a step-by-step model and exercises for working out qualitative and quantitative problems using algebra and calculus (744 exercises in total).

– UPDATED: Challenges combine an Application and a Solved Problem. Each chapter (excluding Ch. 1) begins with a Challenge, which discusses a real-world issue, and concludes with one or more questions based on that discussion. At the end of the chapter, a Challenge Solution answers it.

**Table of Contents:**

1. Introduction

2. Supply and Demand

3. A Consumer’s Constrained Choice

4. Demand

5. Consumer Welfare and Policy Analysis

6. Firms and Production

7. Costs

8. Competitive Firms and Markets

9. Properties and Applications of the Competitive Model

10. General Equilibrium and Economic Welfare

11. Monopoly and Monopsony

12. Pricing and Advertising

13. Game Theory

14. Oligopoly and Monopolistic Competition

15. Factor Markets

16. Uncertainty

17. Property Rights, Externalities, Rivalry, and Exclusion

18. Asymmetric Information

19. Contracts and Moral Hazards

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