Microeconomic Theory: Basic Principles and Extensions 12th Edition by Walter Nicholson (Author)

Publisher: ECONOMICS

Availability: In Stock
SKU: 37448
Number of Pages: 784

Rs.1,510.00

Rs.1,995.00

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"Microeconomic Theory: Basic Principles and Extensions" offers a comprehensive exploration of fundamental economic concepts alongside insightful extensions that delve deeper into the complexities of microeconomic analysis. Authored by Walter Nicholson and Christopher M. Snyder, this 12th edition textbook serves as an indispensable resource for students and practitioners alike seeking to grasp the intricacies of economic theory and its practical applications. From foundational principles to advanced economic models, this text provides a structured approach to understanding how individuals, firms, and markets interact within the realm of microeconomics.

In the first section, readers are introduced to the core principles of microeconomic theory, covering topics such as supply and demand, consumer behavior, and producer theory. Through clear explanations and illustrative examples, the authors lay the groundwork for a solid understanding of economic decision-making at the micro level. Building upon these foundational concepts, the second section delves into extensions of microeconomic theory, exploring topics such as market structure, game theory, and welfare economics. By examining real-world applications and contemporary issues, students are equipped with the analytical tools needed to navigate complex economic environments and assess policy implications. With its rigorous yet accessible approach, "Microeconomic Theory: Basic Principles and Extensions" empowers readers to engage critically with economic theory and its implications for decision-making and policy.

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