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Microeconomics and Behaviour: South African edition

2nd Edition
0077167929 · 9780077167929
Fully revised and updated, the second Southern African edition of Microeconomics and Behaviour explores the relationship between economic analysis and human behaviour. With an engaging and accessible narrative, key areas of intermediate microeconomic… Read More
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  • Colour, print bound version of the complete text
PART 1 Introduction
1. Thinking like an economist
2. Supply and demand

PART 2 The Theory of Consumer Behaviour
3. Rational consumer choice
4. Individual and market demand
5. The economics of information and choice under uncertainty
6. Cognitive limitations and consumer behaviour

PART 3 The Theory of the Firm and Market Structure
7. Production
8. Costs
9. Perfect competition
10. Monopoly
11. Imperfect competition: a game-theoretic approach

PART 4 Factor Markets
12. Labour
13. Capital and exhaustible resources

PART 5 Externalities, Public Goods and Welfare
14. Externalities, property rights and the Coase theorem
15. Government
16. General equilibrium and market efficiency

Fully revised and updated, the second Southern African edition of Microeconomics and Behaviour explores the relationship between economic analysis and human behaviour. With an engaging and accessible narrative, key areas of intermediate microeconomics are explored using relevant Southern African examples and analytical problems to encourage students to think like economists.

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