Title: Price Theory and Applications, 9th Edition (Upper Level Economics Titles)
Author: Steven E. Landsburg
Publisher: Cengage Learning
Description:
In the 9th edition of “Price Theory and Applications” by Steven E. Landsburg, readers are introduced to the fundamental concepts of microeconomic theory and their practical applications. Tailored for upper-level economics courses, this edition delves into the intricate relationship between prices, markets, and individual behavior. The book covers essential topics such as consumer choice, producer behavior, market equilibrium, welfare economics, and market failure. Additionally, it explores contemporary issues and debates in microeconomic theory, including pricing strategies, market power, and externalities. Through clear explanations, real-world examples, and analytical exercises, Landsburg equips readers with the tools and insights necessary to analyze economic phenomena and make informed decisions. Whether you’re a student studying economics or a practitioner seeking to deepen your understanding of microeconomic theory, this edition serves as an invaluable resource for mastering price theory and its applications in various economic contexts.