Microeconomics

Third Edition

Publication Date: October 21, 2019

Hardcover ISBN: 9781319306793

Pages: 768

The microeconomics text that moves students from understanding the basics of real economic principles to applying the powerful tools of economics analysis.

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,...

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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.

‘Applications’ show how theory informs consumer decision making in real situations, and Freakonomics essays apply economic analysis to common phenomena.
The integration of the empirical dimension is used throughout the text in examples and ‘Math and Graphing Review’ sections have been included together with ‘Animated Graphing Tutorials’.
Integration of the empirical dimension is throughout the text in examples, applications etc.
Optional calculus appendices provide students with another way to understand economic theory.

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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 help bridge economic concepts with the real world (examples include How Uber took the Taxi Industry by Storm and Do Traffic Jams Lead to Divorce).
25% new end of chapter problems have been included and provide problems in every section of the book.
The popular ‘Figure It Out: online!’ feature has been expanded by taking two problems from each chapter and placing them in an interactive tutorial setting, with video instruction guiding students toward the solution of the problem step by step.

Austan Goolsbee

Austan Goolsbee is the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business, where he joined the faculty in 1995. From 2009 to 2011, he served in Washington as a Member and then Chairman of the Council of Economic Advisers and the youngest member of the President’s Cabinet. He is a past Alfred P. Sloan Fellow and Fulbright Scholar. He earned bachelor’s and master’s degrees from Yale University and a PhD in economics from Massachusetts Institute of technology. Goolsbee is also President of the Federal Reserve Bank of Chicago.

Steven Levitt

Steven Levitt is the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago, where he directs the Becker Center on Chicago Price Theory. He earned a bachelor’s degree from Harvard University and his PhD from Massachusetts Institute of Technology. He has taught at the University of Chicago since 1997. In 2004, Levitt was awarded the John Bates Clark Medal, and in 2006, he was named one of Time magazine’s “100 People Who Shape Our World.” He co-authored a series of books on popular economics starting with Freakonomics and hosts the podcast People I Mostly Admire.

Chad Syverson

Chad Syverson is the George C. Tiao Distinguished Service Professor of Economics at the University of Chicago Booth School of Business. He joined the Chicago faculty in 2001. His research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity. He has been an editor of the Journal of Political Economy and RAND Journal of Economics, has served on multiple National Academies committees, is a research associate of the National Bureau of Economic Research, and is a Fellow of the Econometric Society. He earned bachelor’s degrees in economics and mechanical engineering from the University of North Dakota, and a PhD in economics from the University of Maryland.

Achieve for Microeconomics 3e is an online learning system backed by extensive development and research. Proven to increase student engagement and boost performance. Achieve offers:

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Course and book-specific resources including adaptive quizzing to personalize the experience for students.
A grade book, assignable assessments with targeted feedback, insights and reporting, instructor resources - all with seamless integration options.
Integrated with iClicker so that instructors and students can benefit in class and remotely from an industry leading student response system.
Math and Graphing Review.
Animated Graphing Tutorials.
Instructor resources, test bank and manual.
New Freakonomics classroom activities are now available in Achieve.

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Achieve is our online learning system backed by extensive development and research. Proven to increase student engagement and boost performance. Achieve offers:

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Course and book-specific resources including adaptive quizzing (Learning Curve) to personalize the experience for students
A grade book, assignable assessments with targeted feedback, insights and reporting, instructor resources - all with seamless integration options.

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Clicker Slides (Accessible)

Clicker Slides - All Chapters

Clicker Slides - Chapter 02

Clicker Slides - Chapter 03

Clicker Slides - Chapter 04

Clicker Slides - Chapter 05

Clicker Slides - Chapter 06

Clicker Slides - Chapter 07

Clicker Slides - Chapter 08

Clicker Slides - Chapter 09

Clicker Slides - Chapter 10

Clicker Slides - Chapter 11

Clicker Slides - Chapter 12

Clicker Slides - Chapter 13

Clicker Slides - Chapter 14

Clicker Slides - Chapter 15

Clicker Slides - Chapter 16

Clicker Slides - Chapter 17

Clicker Slides - Chapter 18

Freakonomics Activity (Accessible)

Freakonomics Activity - All Chapters

Freakonomics Activity - Ch. 1: Thomas Thwaites's Toaster

Freakonomics Activity - Ch. 2: How Uber Took the Taxi Industry by Storm

Freakonomics Activity - Ch. 3: Unintended Consequences of a Tax on Garbage

Freakonomics Activity - Ch. 4: Do Traffic Jams Lead to Divorce?

Freakonomics Activity - Ch. 5: Even Animals Like Sales

Freakonomics Activity - Ch. 6: Why Do Indian Fishermen Love Their Cell Phones So Much?

Freakonomics Activity - Ch. 7: 3D Printers and Manufacturing Cost

Freakonomics Activity - Ch. 8: The Not-So-Simple Economics of Blackmail

Freakonomics Activity - Ch. 9: Why Drug Dealers Want Peace, Not War

Freakonomics Activity - Ch. 10: Victoria's Not-So-Secret Price Discrimination

Freakonomics Activity - Ch. 11: Apple Always Wins, or Does It?

Freakonomics Activity - Ch. 12: Game Theory in Track Cycling Competitions

Freakonomics Activity - Ch. 13: Competition in the Market for Economists

Freakonomics Activity - Ch. 14: Insurance for Subway Fare Evaders

Freakonomics Activity - Ch. 15: Horse Meat and General Equilibrium

Freakonomics Activity - Ch. 16: Online Ratings and Information Asymmetries

Freakonomics Activity - Ch. 17: Is Fire Protection a Public Good?

Freakonomics Activity - Ch. 18: Going to the Ends of the World (Literally) to Test Economics Theory

Image Slides (Accessible)

Image Slides - All Chapters

Image Slides - Chapter 01

Image Slides - Chapter 02

Image Slides - Chapter 03

Image Slides - Chapter 04

Image Slides - Chapter 05

Image Slides - Chapter 06

Image Slides - Chapter 07

Image Slides - Chapter 08

Image Slides - Chapter 09

Image Slides - Chapter 10

Image Slides - Chapter 11

Image Slides - Chapter 12

Image Slides - Chapter 13

Image Slides - Chapter 14

Image Slides - Chapter 15

Image Slides - Chapter 16

Image Slides - Chapter 17

Image Slides - Chapter 18

Instructor's Resource Manual

Instructor's Resource Manual - All Chapters

Instructor's Resource Manual - Chapter 01

Instructor's Resource Manual - Chapter 02

Instructor's Resource Manual - Chapter 03

Instructor's Resource Manual - Chapter 04

Instructor's Resource Manual - Chapter 05

Instructor's Resource Manual - Chapter 06

Instructor's Resource Manual - Chapter 07

Instructor's Resource Manual - Chapter 08

Instructor's Resource Manual - Chapter 09

Instructor's Resource Manual - Chapter 10

Instructor's Resource Manual - Chapter 11

Instructor's Resource Manual - Chapter 12

Instructor's Resource Manual - Chapter 13

Instructor's Resource Manual - Chapter 14

Instructor's Resource Manual - Chapter 15

Instructor's Resource Manual - Chapter 16

Instructor's Resource Manual - Chapter 17

Instructor's Resource Manual - Chapter 18

Lecture Slides (Accessible)

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Lecture Slides - Chapter 01

Lecture Slides - Chapter 02

Lecture Slides - Chapter 03

Lecture Slides - Chapter 04

Lecture Slides - Chapter 05

Lecture Slides - Chapter 06

Lecture Slides - Chapter 07

Lecture Slides - Chapter 08

Lecture Slides - Chapter 09

Lecture Slides - Chapter 10

Lecture Slides - Chapter 11

Lecture Slides - Chapter 12

Lecture Slides - Chapter 13

Lecture Slides - Chapter 14

Lecture Slides - Chapter 15

Lecture Slides - Chapter 16

Lecture Slides - Chapter 17

Lecture Slides - Chapter 18

Online Appendices

Online Appendix, Chapter 2

Online Appendix, Chapter 3

Online Appendix, Chapter 4

Online Appendix, Chapter 5

Online Appendix, Chapter 6

Online Appendix, Chapter 7

Online Appendix, Chapter 8

Online Appendix, Chapter 10

Online Appendix, Chapter 11

Online Appendix, Chapter 12

Solutions Manual

Solutions Manual - All Chapters

Solutions Manual - Chapter 02

Solutions Manual - Chapter 03

Solutions Manual - Chapter 04

Solutions Manual - Chapter 04A

Solutions Manual - Chapter 05

Solutions Manual - Chapter 05A

Solutions Manual - Chapter 06

Solutions Manual - Chapter 06A

Solutions Manual - Chapter 07

Solutions Manual - Chapter 07A

Solutions Manual - Chapter 08

Solutions Manual - Chapter 09

Solutions Manual - Chapter 09A

Solutions Manual - Chapter 10

Solutions Manual - Chapter 11

Solutions Manual - Chapter 12

Solutions Manual - Chapter 13

Solutions Manual - Chapter 14

Solutions Manual - Chapter 15

Solutions Manual - Chapter 16

Solutions Manual - Chapter 17

Solutions Manual - Chapter 18

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Microeconomics

Third Edition

Publication Date: October 21, 2019

Hardcover ISBN: 9781319306793

Pages: 768

The microeconomics text that moves students from understanding the basics of real economic principles to applying the powerful tools of economics analysis.

Austan Goolsbee

Steven Levitt