Title: Intermediate Microeconomics and Its Application, 12th Edition
Authors: Walter Nicholson, Christopher M. Snyder
Publisher: Cengage Learning
Description:
“In Intermediate Microeconomics and Its Application,” written by Walter Nicholson and Christopher M. Snyder, students are introduced to the fundamental principles of microeconomic theory and their real-world applications. This 12th edition provides a comprehensive and accessible overview of intermediate-level microeconomics, blending theoretical concepts with practical examples to enhance understanding. The book covers essential topics such as consumer behavior, producer theory, market structures, game theory, and welfare economics. Additionally, it explores contemporary issues and debates in microeconomics, including the economics of information, externalities, public goods, and market failure. Through clear explanations, engaging examples, and thought-provoking exercises, the authors empower students to analyze economic phenomena critically and apply economic principles to decision-making in various contexts. Whether you’re a student studying economics or a professional seeking to deepen your understanding of microeconomic theory, this edition serves as an invaluable resource for mastering intermediate microeconomics and its real-world applications.