Microeconomics: Theory and Applications with Calculus, Global Edition

Microeconomics: Theory and Applications with Calculus, 5th Edition, Global Edition is an intermediate microeconomics text that combines calculus, algebra, and graphs to introduce economic theory. It integrates estimated real-life problems and applications, using a step-by-step approach to demonstrate how microeconomic theory can be applied to solve practical problems and policy issues. The author emphasizes using contemporary theories to analyze markets, and the book includes solved problems, challenges, real-world examples, and what-if policy analysis sections.

\n Format: Paperback / softback
\n Length: 848 pages
\n Publication date: 21 July 2021
\n Publisher: Pearson Education Limited
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Microeconomics: Theory and Applications with Calculus, 5th Edition, Global Edition, is a renowned microeconomics text that seamlessly blends formal theory with comprehensive and analytically robust real-world problem-solving. Designed as an intermediate microeconomics resource, Perloff employs a combination of calculus, algebra, and graphs to introduce economic principles. The text then seamlessly integrates estimated real-life problems and applications, employing a step-by-step approach to illustrate how microeconomic theory can be applied to address practical problems and policy issues. In contrast to similar texts, the author emphasizes the use of contemporary theories to analyze markets, equipping students with the skills to apply economic theory to the latest policy analysis in the field.

New to this edition, Solved Problems offer students a step-by-step model for solving qualitative and quantitative problems using algebra and calculus. Each chapter, excluding Chapter 1, begins with a Challenge, which delves into a real-world issue, and concludes with one or more questions based on that discussion. At the end of the chapter, a Challenge Solution answers these questions.

Challenges combine an Application and a Solved Problem, providing students with a comprehensive approach to understanding microeconomic concepts. Each chapter, excluding Chapter 1, begins with a Challenge, which discusses a real-world issue, and concludes with one or more questions based on that discussion. At the end of the chapter, a Challenge Solution answers these questions.

Real-World Examples utilize real people, companies, and data to illustrate fundamental microeconomic theory and offer students a practical perspective that showcases the versatility of modern microeconomics. Extensive coverage of problems from resource economics, labor economics, international trade, public finance, and industrial organization is analyzed using contemporary theories, providing students with a comprehensive understanding of the field.

What-If Policy Analysis sections further enhance the text's practicality by applying microeconomic principles to real-world scenarios and policy discussions.

In summary, Microeconomics: Theory and Applications with Calculus, 5th Edition, Global Edition, is an exceptional resource for intermediate microeconomics students seeking to bridge the gap between theory and real-world applications. With its comprehensive coverage, engaging examples, and practical insights, this text equips students with the tools they need to excel in the field and contribute to informed policy analysis.

\n Weight: 1542g\n
Dimension: 205 x 257 x 37 (mm)\n
ISBN-13: 9781292359120\n
Edition number: 5 ed\n