Title:
Microeconomics and behaviour
Author:
De Villiers, Pierre.
ISBN:
9780077167929
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Edition:
Second Southern African edition.
Publication Information:
Maidenhead : McGraw-Hill Education, [2015]
Physical Description:
xxiii, 537 pages : illustrations ; 27 cm
Contents:
Part 1. Introduction. Thinking like an economist -- Supply and demand -- Part 2. The theory of consumer behaviour. Rational consumer choice -- Individual and market demand -- The economics of information and choice under uncertainty -- Cognitive limitations and consumer behaviour -- Part 3. The theory of the firm and market structure. Production -- Costs -- Perfect competition -- Monopoly -- Imperfect competition: a game-theoretic approach -- Part 4. Factor markets. Labour -- Capital and exhaustible resources -- Part 5. Externalities, public goods and welfare. Externalities, property rights and the Coase theorem -- Government -- General equilibrium and market efficiency.
Abstract:
“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.”--Publisher’s description.
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