Modern Microeconomics 2nd Ed.

Description: 'Content, style and academic level combine to make this a book that is well aimed at a large market, second and third year basic microeconomic courses for specialist economists and for joint honours students.' - C.J.Hawkins, Times Higher Educational Supplement Contents: PART 1 THE BASIC TOOLS OF ANALYSIS - Introduction - Theory of Demand - Theory of Production - Theory of Costs - PART 2 THEORY OF THE FIRM - Perfect Competition, Monopoly, Monopolistic Competition - Perfect Competition - Monopoly - Price Discrimination - Monopolistic Competition - Classical Oligopoly - Non-Collusive Oligopoly - Collusive Oligopoly - Average-Cost Pricing - A Critique of the Neoclassical Theory of The Firm: The Marginalist Controversy - A Representative Model of Average-Cost Pricing - Limit-Pricing (or Entry-Preventing Pricing) - Bain's Limit-Pricing Theory - Recent Developments in the Theory of Limit-Pricing - Managerial Theories of The Firm - Baumol's Theory of Sales Revenue Maximisation - Marris's Model of the Managerial Enterprise - O.Williamson's Model of Managerial Discretion - Behavioural Theory of The Firm - The Behavioural Model of Cyert and March - Theory of Games - Linear Programming - PART 3 EQUILIBRIUM THEORY, WELFARE ECONOMICS, FACTOR PRICING - Pricing of Factors of Production and Income Distribution - General Equilibrium Theory - Welfare Economics - Concluding Remarks - Select Bibliography - Index