Microeconomics: theory/applications Mansfield, Edwin

Includes index

Ever since Edwin Mansfield pioneered the popular theory-and-application approach with the First Edition of Microeconomics, the text has been a perennial leader in the intermediate microeconomics course field. Starting with the Tenth Edition and continuing with the Eleventh, co-author Gary Yohe has thoroughly revised the text while retaining its traditional strengths. Ideas like the roles of risk and uncertainty, strategic behavior, auction design, and asymmetric information were just beginning to take their now significant places on research frontier. Reflecting an evolving contemporary approach, this edition devotes an expanding number of pages to these and other topics. Discussions remain accurate and clear, making use of engaging examples that draw on real-world applications to motivate the presentation of theory. The book explains microeconomics theory in the clearest and most interesting way while offering a wide range of application. This revitalized classic promises to continue to please instructors and their students.