Intermediate Microeconomics

by Robert Mochrie

Table of contents

Part I Markets in Context

  1. Key principles
  2. Markets in context

Part II Resource Allocation for People

  1. Affordability
  2. Preferences
  3. Utility functions
  4. The most preferred, affordable bundle
  5. Demand functions
  6. Price changes
  7. The CES utility function

Part III Resource Allocation for Firms

  1. Production
  2. Cost Functions
  3. Costs and Planning
  4. Firm Supply in Perfect Competition
  5. Equilibrium in Perfect Competition

Part IV Market Power

  1. Monopoly
  2. Price discrimination
  3. Oligopoly
  4. Game theory: concepts
  5. Game theory: applications

Part V: Welfare

  1. Exchange
  2. Production and distribution
  3. Externalities
  4. Public goods

Part VI: Behaviour

  1. Personal choice
  2. Inter-temporal choice
  3. Choice and risk
  4. Rationality and behaviour

Part VII: Applying Game Theory

  1. Games with imperfect information
  2. Product differentiation
  3. Auctions
  4. Afterword