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Microeconomics
Third Edition| ©2020New Edition Available Austan Goolsbee; Steven Levitt; Chad Syverson
Like no other text for the intermediate microeconomics course, Goolsbee, Levitt, and Syverson’s Microeconomics bridges the gap between today’s theory and practice. A strong empirical dimension tests theory and successfully applies it. With carefully crafted features and vivid examples, G...
Like no other text for the intermediate microeconomics course, Goolsbee, Levitt, and Syverson’s Microeconomics bridges the gap between today’s theory and practice. A strong empirical dimension tests theory and successfully applies it. With carefully crafted features and vivid examples, Goolsbee, Levitt, and Syverson’s text helps answer two critical questions students ask, "Do people and firms really act as theory suggests" and "How can someone use microeconomics in a practical way?"
The authors teach in economics departments and business schools and are active empirical microeconomics researchers. Their grounding in different areas of empirical research allows them to present the evidence developed in the last 20 years that has tested and refined the fundamental theories. Their teaching and professional experiences are reflected in an outstanding presentation of theories and applications.
ISBN:9781319386054
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ISBN:9781319491574
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The microeconomics text that moves students from understanding the basics of real economic principles to applying the powerful tools of economics analysis. You can’t really learn theory until you try to apply it.
Like no other text for the intermediate microeconomics course, Goolsbee, Levitt, and Syverson’s Microeconomics bridges the gap between today’s theory and practice. A strong empirical dimension tests theory and successfully applies it. With carefully crafted features and vivid examples, Goolsbee, Levitt, and Syverson’s text helps answer two critical questions students ask, "Do people and firms really act as theory suggests" and "How can someone use microeconomics in a practical way?"
The authors teach in economics departments and business schools and are active empirical microeconomics researchers. Their grounding in different areas of empirical research allows them to present the evidence developed in the last 20 years that has tested and refined the fundamental theories. Their teaching and professional experiences are reflected in an outstanding presentation of theories and applications.
Features
Applications show how microeconomic theory informs consumer and producer decision making in real situations. These applications show the practical uses of theory today and draw on data from numerous different sources.
Freakonomics essays apply economic analysis to common phenomena, helping to foster economic intuition.
The previous edition’s focus on empirics continues. Integration of the empirical dimension is throughout the text in examples, applications, etc.
Figure It Out worked-out problems walk students through the process of how to use economic tools and analysis to think through a problem and develop its solution.
Make the Grade essays point out common pitfalls that students may encounter and help them navigate through the finer points of micro theory.
Optional Calculus appendices provide students with another way to understand economic theory.
New to This Edition
New applications are found throughout the text and feature interesting topics from toxic algae in Florida and self driving cars, to the importance of business reputations and ultra low cost airlines.
New Freakonomics boxes (How Uber took the Taxi Industry by Storm and Do Traffic Jams Lead to Divorce?, for example) help bridge economic concepts with the real world.
25% new end of chapter problems provide problems for every section of the book.
Figure It Out: online! The popular Figure It Out feature has been expanded by taking 2 problems from each chapter and placing them in an interactive tutorial setting. Video instruction guides students toward the solution of the problem step by step.
New Freakonomics classroom activities in Achieve.
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"[Freakonomics boxes] Love, love, love them."
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"I found the Figure It Out feature the most helpful. It was a good way to test if I was absorbing the reading and if I understood what was going on."
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"It was easy to read and get a deeper understanding of what was being discussed in class. The problems also matched the material in the book which made for great study material."
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"Each "real world application" section was very helpful in seeing the economic principles at work in the real world."
— Christopher Craven, University of Virginia
"I absolutely love the Figure It Out boxes. They help so much when I am trying to study for exams or just grasp a concept that is confusing to only read about. I really like that the solution is worked out so you know the process rather than there just being an answer."
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Microeconomics
Third Edition| ©2020
Austan Goolsbee; Steven Levitt; Chad Syverson
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Microeconomics
Third Edition| 2020
Austan Goolsbee; Steven Levitt; Chad Syverson
Table of Contents
Chapter 1: Adventures in Microeconomics
Chapter 2: Supply and Demand
Chapter 3: Using Supply and Demand to Analyze Markets
Chapter 4: Consumer Behavior
Chapter 5: Individual and Market Demand
Chapter 6: Producer Behavior
Chapter 7: Costs
Chapter 8: Supply in a Competitive Market
Chapter 9: Market Power and Monopoly
Chapter 10: Market Power and Pricing Strategies
Chapter 11: Imperfect Competition
Chapter 12: Game Theory
Chapter 13: Factor Markets
Chapter 14: Investment, Time, and Insurance
Chapter 15: General Equilibrium
Chapter 16: Asymmetric Information
Chapter 17: Externalities and Public Goods
Chapter 18: Behavioral and Experimental Economics

Microeconomics
Third Edition| 2020
Austan Goolsbee; Steven Levitt; Chad Syverson
Authors

Austan Goolsbee

Steven Levitt

Chad Syverson

Microeconomics
Third Edition| 2020
Austan Goolsbee; Steven Levitt; Chad Syverson
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Austan Goolsbee; Steven Levitt; Chad Syverson | Third Edition | ©2020 | ISBN:9781319266813
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Microeconomics
Third Edition| 2020
Austan Goolsbee; Steven Levitt; Chad Syverson
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