Microeconomics, European Edition offers comprehensive coverage of microeconomic theory, explaining how this is used to analyse and evaluate contemporary market systems. This European edition has been adapted from the well-established US text, to provide a thoroughly European approach to the subject. The book draws on relevant real world examples to highlight how theory can help to solve or understand a range of problems and is a central basis for thinking like an economist.
Key features include:
- Chapter Introductions outline the main themes of the chapter and set the scene for further discussion
- Modern topics such as game theory and asymmetric information, which are given the same careful treatment as traditional issues
- Up to date European examples provided throughout the text draw on a variety of contexts including housing, education, industry and agriculture
- Chapter Summary briefly reinforces the main topics covered in each chapter to ensure a solid understanding of key issues
- Discussion Questions encourage students to apply the knowledge acquired from each chapter to specific situations
- Progress Checks included within each chapter test students' knowledge as they learn. Answers to the Progress Checks are supplied at the end of the book