Microeconomics

"Microeconomics, European Edition" offers comprehensive coverage of microeconomic theory, explaining how this is used to analyse and evaluate contemporary market systems. This European edition has been adapted from the well-established US text, to provide a thoroughly European approach to the subject. The book draws on relevant real world examples to highlight how theory can help to solve or understand a range of problems and is a central basis for thinking like an economist.Chapter Introductions outline the main themes of the chapter and set the scene for further discussion. This title includes modern topics such as game theory and asymmetric information, which are given the same careful treatment as traditional issues. Up to date European examples are provided throughout the text draw on a variety of contexts including housing, education, industry and agriculture. Chapter Summary briefly reinforces the main topics covered in each chapter to ensure a solid understanding of key issues. Discussion Questions encourage students to apply the knowledge acquired from each chapter to specific situations. Progress Checks are included within each chapter test students' knowledge as they learn. Answers to the Progress Checks are supplied at the end of the book.