Fully updated and revised, this best-selling micro textbook provides a thorough and comprehensive exposition of micro-economic theory. Emphasis is placed on providing the student with a good understanding of the nature and purpose of each part of the theory and of the way they interrelate to form a coherent whole.
Recent developments in microeconomics such as game theory and information asymmetry are fully integrated into the text.

Synopsis
Fully updated and revised, this best-selling micro textbook provides a thorough and comprehensive exposition of micro-economic theory. Emphasis is placed on providing the student with a good understanding of the nature and purpose of each part of the theory and of the way they interrelate to form a coherent whole. Recent developments in microeconomics such as game theory and information asymmetry are fully integrated into the text.