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Product Description
This second edition of Microeconomics is filled with learning–by–doing problems that give students a chance to make economics their own. These fully worked–out problems provide a step–by–step road map to help students solve numerical problems. Each problem correlates to similar practice problems at the end of each chapter. In addition, the authors include many extensive real–world examples in the text. These examples are contemporary applications of the theory and are longer and more extensive to show the evolution of the example. Each chapter opens with an example to draw readers into the topic.
From the Back Cover
The solution is in the problems
The ability to recognize patterns, trends, and significant data is second nature to economists – but you need to be trained to see these patterns through careful explanation, real–world examples, and a lot of problems. If you want to really understand microeconomics and to be able to interpret real–life markets, the solution lies in the process of working through problems and making discoveries. That’s why hands–on problem solving plays such an essential role in Besanko and Braeutigam’s Microeconomics, 2nd Edition.
Learning–by–Doing problems show you how it’s done.
Each chapter features a number of worked examples that provide a step–by–step roadmap for setting up and solving numerical problems. Each Learning–by–Doing problem correlates to similar practice problems at the end of the chapter.
End–of–chapter problems provide many opportunities to practice.
This Second Edition features many new problems (for a total of 20–25 problems per chapter). The problems range in level from easy to challenging and allow you to see the same topic from multiple angles. Fully worked solutions to a selection of these problems are included at the end of the text.
Extensive real–world applications make microeconomics relevant.
This edition features more than 100 applications throughout the book. These contemporary applications are all drawn from current events or recent microeconomics research, and make the abstract theory come alive.
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During the technology bubble of the late 1990s, new start-ups and established companies invested billions of dollars to exploit new opportunities created by the Internet. Read the first page
Concordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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