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Price Theory and Applications
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Table of Contents

Supply, demand, and equilibrium; prices, costs, and the gains from trade; the behaviour of consumers; consumers in the marketplace; the behaviour of firms; production and costs; competition; welfare economics and the gains from trade; knowledge and information; monopoly; market power, collusion, and oligopoly; the theory of games; external costs and benefits; common property and public goods; the demand for factors of production; the market for labour; allocating goods over time; risk and uncertainty; what is economics?

Reviews

..".I am a great fan of Landsburg's excellent book and will continue to use it....I like social welfare as a unifying concept very much. Not only does it make intellectual sense, but it allows one to talk about real world problems that students find interesting. I also like treating a competitive market first and then talking about leading causes of market failure. John P. Conley, University of Illinois at Urbana-Champaign

The text is very clearly written and easy to read and follow. Landsburg also provides some very interesting and entertaining examples that will capture the attention of students. Carl Enomoto, New Mexico State University

The Landsburg text is a good text: well thought out, clearly written, straightforward, correct, in-depth. I like very much the use of social welfare as a unifying concept....The extended analysis of market failures, property rights, and rules of law is excellent. Claire Hammond, Wake Forest University

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