Microeconomics: With Economic Applications and Infotrac

A fresh, modern approach to intermediate economics, this book breaks with tradition in a number of innovative ways. The author uses a game-theoretical and experimental point of view and presents an unfolding theme that provides a cohesive framework for the theory. In an effort to develop students' critical thinking, he asks them to question the theory they are learning and presents them with unsolved problems and unanswered questions in microeconomic theory to motivate the subject and make it real. *NEW! An abundance (over 100) of unsolved problems provides a greater working knowledge of the material and helps students with homework assignments. *NEW! An increased use of experimental economics lends empirical support to the theory, encourages critical thinking, and illuminates some difficult theoretical issues. *Early introduction of game theory and its consistent use throughout the rest of the book enhance the book's modern approach. *The author provides a cohesive narrative that ties all the chapters together. *Innovative presentation of business strategy, especially the treatment of competitive markets, makes the text of interest to business schools.