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Microeconomics: Theory & Applications (Hardcover)

by Edgar K. Browning (Author), Mark A. Zupan (Author) "Most of microeconomics involves the study of how individual markets function..." (more)
Key Phrases: excise subsidy, cubic total cost function, marginal value product curve, United States, Social Security, New York (more...)
3.3 out of 5 stars See all reviews (3 customer reviews)

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Editorial Reviews

Product Description
Written by distinguished authorities in the field, this book presents a practical, real-world approach to microeconomics through a wealth of applications that demonstrate the relevance of microeconomics to everyday life.

From the Back Cover
What makes a Microeconomics text work?

What makes this a book that works? Outstanding quality…precise technical coverage…student-motivating writing style…engaging applications…

Browning and Zupan’s Microeconomics offers the liveliest writing, the right sequence of topics, and exceptionally well developed graphs with unusually thorough explanations….all at the right level for people learning microeconomics. This edition contains over 400 review questions and problems for ample practice review material and analytical exercises.

But what really gets readers thinking and doing microeconomics are the engaging applications in the Eighth Edition! Here are some of the new ones:

  • The Cross of Growing Gridlock
  • Price Ceilings Can Be Deadly for Buyers
  • BK Versus KFC in the UK in the Wake of BSE
  • The Decline of Public Transit as a Means of Getting to Work
  • Sales Tax Avoidance and Online Commerce
  • Income and Substitution Effects and Home Ownership
  • Network Effects and the Diffusion of Communications Technologies and Computer Hardware and Software
  • School Choice is Nothing New
  • The Law of Diminishing Marginal Returns, Caffeine Intake and Exam Performance
  • The Management Function and Decreasing Returns to Scale: “The Plan”
  • The Effect of 9-11-01 on U.S. Production Costs
  • Learning by Doing and the Model T
  • The Importance of Thinking at the Relevant Margin
  • The Method of Mothballing
  • Languish and Anguish at LaGuardia
  • Protecting Steel Jobs Steals Jobs
  • Why Sugar Import Quotas Were Job Losers with Respect to LifeSavers
  • Cooperative Lawyers: An Oxymoron
  • The Internet and the Price of Life Insurance
  • Non-Free California Freeways
  • “‘O Give Me Some Property Rights…”


See all Editorial Reviews

Product Details

  • Hardcover: 624 pages
  • Publisher: Wiley; 8 edition (May 6, 2003)
  • Language: English
  • ISBN-10: 0471230642
  • ISBN-13: 978-0471230649
  • Product Dimensions: 9.8 x 8.7 x 1 inches
  • Shipping Weight: 3 pounds (View shipping rates and policies)
  • Average Customer Review: 3.3 out of 5 stars See all reviews (3 customer reviews)
  • Amazon.com Sales Rank: #778,281 in Books (See Bestsellers in Books)

Inside This Book (learn more)
Browse and search another edition of this book.
First Sentence:
Most of microeconomics involves the study of how individual markets function. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
excise subsidy, cubic total cost function, marginal value product curve, uncertain prospect generating, using the competitive model, incremental worker, most profitable output, various market baskets, optimal market basket, utility chord, total utility curve, social marginal benefit curve, quadratic total cost function, optimal consumption point, dominant firm model, input market analysis, making zero economic profit, new expansion path, total product curve, investment demand curve, aggregate labor supply curve, campus coffeeshop, demand curve confronting, total variable cost curve, input demand curve
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Social Security, New York, Best Buy, Circuit City, Wall Street Journal, Selected Problems, Los Angeles, Optional Mathematical Section, World War, African Americans, Tiny Tim, Big Mac, Burger King, Using the Competitive Model, Desperate Housewives, Hong Kong, American Airlines, Business Week, Federal Trade Commission, Adam Smith, American Economic Review, Came Theory, General Motors, Controlling Pollution
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Customer Reviews

3 Reviews
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Average Customer Review
3.3 out of 5 stars (3 customer reviews)
 
 
 
 
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5 of 7 people found the following review helpful:
4.0 out of 5 stars Easy to understand, yet fairly thorough, August 13, 2002
By "nick_schmidt" (Chicago, IL) - See all my reviews
I was taught intermediate micro using this book. For that class, I found this book helpful and easy to follow. I still use it as a reference for simple concepts that I've forgotten.
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5.0 out of 5 stars Good Service, September 29, 2008
We had a problem with the shipping address the first time, and he did every thing he could on his end to fix the problem and then contacted me to let me know exactly what needed to be done instead of leaving me out to dry. He was great to do business with, and I would definitely do it again in the future.
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5 of 26 people found the following review helpful:
1.0 out of 5 stars a high school textbook, June 1, 2000
By Pareto (Chicago) - See all my reviews
This is a horrible textbook and I mean it. The only possible use I can think of is to use it as a high school textbook.
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