Microeconomics
Fourth Edition ©2024 Austan Goolsbee; Steven Levitt; Chad Syverson Formats: Achieve, E-book, Print
As low as $95.99
As low as $95.99
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Authors
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Austan Goolsbee
Austan Goolsbee is the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business, where he joined the faculty in 1995. From 2009 to 2011, he served in Washington as a Member and then Chairman of the Council of Economic Advisers and the youngest member of the President’s Cabinet. He is a past Alfred P. Sloan Fellow and Fulbright Scholar. He earned bachelor’s and master’s degrees from Yale University and a PhD in economics from Massachusetts Institute of technology. Goolsbee is also President of the Federal Reserve Bank of Chicago.
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Steven Levitt
Steven Levitt is the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago, where he directs the Becker Center on Chicago Price Theory. He earned a bachelor’s degree from Harvard University and his PhD from Massachusetts Institute of Technology. He has taught at the University of Chicago since 1997. In 2004, Levitt was awarded the John Bates Clark Medal, and in 2006, he was named one of Time magazine’s “100 People Who Shape Our World.” He co-authored a series of books on popular economics starting with Freakonomics and hosts the podcast People I Mostly Admire.
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Chad Syverson
Chad Syverson is the George C. Tiao Distinguished Service Professor of Economics at the University of Chicago Booth School of Business. He joined the Chicago faculty in 2001. His research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity. He has been an editor of the Journal of Political Economy and RAND Journal of Economics, has served on multiple National Academies committees, is a research associate of the National Bureau of Economic Research, and is a Fellow of the Econometric Society. He earned bachelor’s degrees in economics and mechanical engineering from the University of North Dakota, and a PhD in economics from the University of Maryland.
Table of Contents
Part I
Chapter 1 Adventures in Microeconomics
Chapter 2 Supply and Demand
Appendix 2A (Achieve only) The Calculus of Equilibrium and Elasticities
Chapter 3 Using Supply and Demand to Analyze markets
Appendix 3A (Achieve only) The Calculus of Consumer and Producer Surplus
Part II
Chapter 4 Consumer Behavior
Appendix 4A The Calculus of Utility Maximization and Expenditure Minimization
Appendix 4B (Achieve only) The Mathematics of Utility Functions
Chapter 5 Individual and Market Demand
Appendix 5A The Calculus of Utility Maximization and Expenditure Minimization
Appendix 5B (Achieve only) The Calculus of Demand
Chapter 6 Producer Behavior
Appendix 6A The Calculus of Cost Minimization
Appendix 6B (Achieve only) The Calculus of Production Functions
Chapter 7 Costs
Appendix 7A The Calculus of a Firms Cost Structure
Appendix 7B (Achieve only) The Calculus of a Firms Cost Structure Expanded
Part III
Chapter 8 Supply in a Competitive Market
Appendix 8A (Achieve only) The Calculus of Long-Run Competitive Equilibria
Chapter 9 Market Power and Monopoly
Appendix 9A The Calculus of Profit Maximization
Chapter 10 Pricing Strategies for Firms with Market Power
Appendix 10A (Achieve only) The Calculus of Price Strategies
Chapter 11 Imperfect Competition
Appendix 11A (Achieve only) The Calculus of Cournot and Differentiated Bertrand Competition Equilibrium
Chapter 12 Game Theory
Appendix 12A (Achieve only) The Mathematics of Mixed Strategies in Game Theory
Chapter 13 Factor Markets
Part IV
Chapter 14 Investment, Time, and Insurance
Chapter 15 General Equilibrium
Chapter 16 Asymmetric Information
Chapter 17 Externalities
Chapter 18 Behavioral and Experimental Economics
Backmatter
Math Review Appendix
Solutions to Review Questions
Solutions to Select End-of-Chapter Problems
Glossary
Product Updates
The microeconomics text that moves students from understanding the basics of real economic principles to applying the powerful tools of economics analysis. You can’t really learn theory until you try to apply.
Now with ACHIEVE: A full suite of assets for both the instructor and student. Achieve offers an e-book, course- and book-specific resources, gradebook, adaptive quizzing, assessment tools and. integration options
Authors
-
Austan Goolsbee
Austan Goolsbee is the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business, where he joined the faculty in 1995. From 2009 to 2011, he served in Washington as a Member and then Chairman of the Council of Economic Advisers and the youngest member of the President’s Cabinet. He is a past Alfred P. Sloan Fellow and Fulbright Scholar. He earned bachelor’s and master’s degrees from Yale University and a PhD in economics from Massachusetts Institute of technology. Goolsbee is also President of the Federal Reserve Bank of Chicago.
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Steven Levitt
Steven Levitt is the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago, where he directs the Becker Center on Chicago Price Theory. He earned a bachelor’s degree from Harvard University and his PhD from Massachusetts Institute of Technology. He has taught at the University of Chicago since 1997. In 2004, Levitt was awarded the John Bates Clark Medal, and in 2006, he was named one of Time magazine’s “100 People Who Shape Our World.” He co-authored a series of books on popular economics starting with Freakonomics and hosts the podcast People I Mostly Admire.
-
Chad Syverson
Chad Syverson is the George C. Tiao Distinguished Service Professor of Economics at the University of Chicago Booth School of Business. He joined the Chicago faculty in 2001. His research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity. He has been an editor of the Journal of Political Economy and RAND Journal of Economics, has served on multiple National Academies committees, is a research associate of the National Bureau of Economic Research, and is a Fellow of the Econometric Society. He earned bachelor’s degrees in economics and mechanical engineering from the University of North Dakota, and a PhD in economics from the University of Maryland.
Table of Contents
Part I
Chapter 1 Adventures in Microeconomics
Chapter 2 Supply and Demand
Appendix 2A (Achieve only) The Calculus of Equilibrium and Elasticities
Chapter 3 Using Supply and Demand to Analyze markets
Appendix 3A (Achieve only) The Calculus of Consumer and Producer Surplus
Part II
Chapter 4 Consumer Behavior
Appendix 4A The Calculus of Utility Maximization and Expenditure Minimization
Appendix 4B (Achieve only) The Mathematics of Utility Functions
Chapter 5 Individual and Market Demand
Appendix 5A The Calculus of Utility Maximization and Expenditure Minimization
Appendix 5B (Achieve only) The Calculus of Demand
Chapter 6 Producer Behavior
Appendix 6A The Calculus of Cost Minimization
Appendix 6B (Achieve only) The Calculus of Production Functions
Chapter 7 Costs
Appendix 7A The Calculus of a Firms Cost Structure
Appendix 7B (Achieve only) The Calculus of a Firms Cost Structure Expanded
Part III
Chapter 8 Supply in a Competitive Market
Appendix 8A (Achieve only) The Calculus of Long-Run Competitive Equilibria
Chapter 9 Market Power and Monopoly
Appendix 9A The Calculus of Profit Maximization
Chapter 10 Pricing Strategies for Firms with Market Power
Appendix 10A (Achieve only) The Calculus of Price Strategies
Chapter 11 Imperfect Competition
Appendix 11A (Achieve only) The Calculus of Cournot and Differentiated Bertrand Competition Equilibrium
Chapter 12 Game Theory
Appendix 12A (Achieve only) The Mathematics of Mixed Strategies in Game Theory
Chapter 13 Factor Markets
Part IV
Chapter 14 Investment, Time, and Insurance
Chapter 15 General Equilibrium
Chapter 16 Asymmetric Information
Chapter 17 Externalities
Chapter 18 Behavioral and Experimental Economics
Backmatter
Math Review Appendix
Solutions to Review Questions
Solutions to Select End-of-Chapter Problems
Glossary
Product Updates
The microeconomics text that moves students from understanding the basics of real economic principles to applying the powerful tools of economics analysis. You can’t really learn theory until you try to apply.
Now with ACHIEVE: A full suite of assets for both the instructor and student. Achieve offers an e-book, course- and book-specific resources, gradebook, adaptive quizzing, assessment tools and. integration options
Like no other product for the intermediate microeconomics course, Goolsbee, Levitt, and Syverson’s Microeconomics helps students see the difference between theory and practice. Now with ACHIEVE, the text has carefully crafted features and vivid examples.
Goolsbee, Levitt, and Syverson’s text helps answer two critical questions students ask, "Do people and firms really act as theory suggests" and "How can someone use microeconomics in a practical way?"
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Test Bank for Microeonomics (Online Only)
Austan Goolsbee; Steven Levitt; Chad Syverson | Fourth Edition | ©2024 | ISBN:9781319420093
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Are you a campus bookstore looking for ordering information?
MPS Order Search Tool (MOST) is a web-based purchase order tracking program that allows customers to view and track their purchases. No registration or special codes needed! Just enter your BILL-TO ACCT # and your ZIP CODE to track orders.
Canadian Stores: Please use only the first five digits/letters in your zip code on MOST.
Visit MOST, our online ordering system for booksellers: https://tracking.mpsvirginia.com/Login.aspx
Learn more about our Bookstore programs here: https://www.macmillanlearning.com/college/us/contact-us/booksellers
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Our courses currently integrate with Canvas, Blackboard (Learn and Ultra), Brightspace, D2L, and Moodle. Click on the support documentation below to find out more details about the integration with each LMS.
Integrate Macmillan courses with Blackboard
Integrate Macmillan courses with Canvas
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If you’re a verified instructor, you can request a free sample of our courseware, e-book, or print textbook to consider for use in your courses. Only registered and verified instructors can receive free print and digital samples, and they should not be sold to bookstores or book resellers. If you don't yet have an existing account with Macmillan Learning, it can take up to two business days to verify your status as an instructor. You can request a free sample from the right side of this product page by clicking on the "Request Instructor Sample" button or by contacting your rep. Learn more.
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-
Sometimes also referred to as a spiral-bound or binder-ready textbook, loose-leaf textbooks are available to purchase. This three-hole punched, unbound version of the book costs less than a hardcover or paperback book.
-
-
-
Achieve (full course) includes our complete e-book, as well as online quizzing tools, multimedia assets, and iClicker active classroom manager.
Most Achieve Essentials courses do not include our e-books and adaptive quizzing.
Visit our comparison table for details: https://www.macmillanlearning.com/college/us/digital/achieve/compare
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Achieve (full course) includes our complete e-book, as well as online quizzing tools, multimedia assets, and iClicker active classroom manager.
Achieve Read & Practice only includes our e-book and adaptive quizzing, and does not include instructor resources and assignable assessments. Read & Practice does integrate with LMS.
Visit our comparison table for details: https://www.macmillanlearning.com/college/us/digital/achieve/compare
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We can help! Contact your representative to discuss your specific needs for your course. If our off-the-shelf course materials don’t quite hit the mark, we also offer custom solutions made to fit your needs.
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Microeconomics
Like no other product for the intermediate microeconomics course, Goolsbee, Levitt, and Syverson’s Microeconomics helps students see the difference between theory and practice. Now with ACHIEVE, the text has carefully crafted features and vivid examples.
Goolsbee, Levitt, and Syverson’s text helps answer two critical questions students ask, "Do people and firms really act as theory suggests" and "How can someone use microeconomics in a practical way?"
Select a demo to view:
Sample Achieve