Intermediate Microeconomics
An Interactive Approach
- Steve Erfle - Dickinson College, USA
Other Titles in:
Microeconomics
Microeconomics
September 2017 | 814 pages | SAGE Publications, Inc
The overarching premise of this text is that microeconomics is most effectively learned in an active learning, interactive environment. Students have access to more than 200 Interactive Excel Figures in the online text that allow them to move the graphs using sliders and click boxes. This interactivity helps students understand how graphic elements relate to one another. These files do not require knowledge of Excel. More figures than are typical and many of the figures involve multiple scenarios of the same basic graph. Often the
text employs interactive questions that require interpreting these scenarios; questions posed are answered at the bottom of the page. Despite the geometric orientation this text is not light on algebraic analysis. The geometry is backed up by the relevant
algebra. More than 500 equations are numbered for easy reference both within and across chapters. And, just like the geometry, the algebra is essentially error-free because it was used to create the graphs. The geometric orientation is perfect for the
non-calculus enhanced classroom but the text can be readily used in a calculus-based class because a calculus treatment of the material is provided in appendices and endnotes, and calculus-based problems are included in the Intermediate Microeconomics:
An Interactive Approach Workbook.
Part 1: Introduction
Ch 1: Preliminary Issues
Ch 2: A Review of Supply and Demand
Part 2: Consumer Theory
Ch 3: Preferences
Ch 4: Utility
Ch 5: Resource Constraints
Ch 6: Consumer Choice
Ch 7: Deriving Demand
Ch 8: Decomposing Demand
Part 3: Theory of the Firm
Ch 9: Production Functions
Ch 10: Cost Minimzation
Ch 11: Cost Curves
Part 4: Market Interaction
Ch 12: Profit Maximization in a General Setting
Ch 13: Short-Run Profit Maximization in Perfectly Competitive Markets
Ch 14: Long-Run Profit Maximization in Perfectly Competitive Markets
Ch 15: Monopoly and Monopolistic Competition
Ch 16: Welfare Economics
Part 5: Applications
Ch 17: Consumer Theory Applications
Ch 18: Topics in Factor Markets
Ch 19: Capital Markets
Ch 20: Strategic Rivalry
Ch 21: Informational Issues
Ch 22: Externalities and Public Goods