Microeconomics

Dominick Salvatore is Distinguished Professor of Economics at Fordham University in New York and Honorary Professor at the Shanghai Finance University. He is Chairman of the Society for Policy Modeling and consultant to the United Nations, the World Bank, and the Economic Policy Institute in Washington, D.C. He is the author of forty-eight books including Schaum's Outline of Microeconomic Theory, Fourth Edition (2006), which was translated into ten languages and sold more than one-half million copies.

EACH CHAPTER ENDS WITH AT LEAST ONE OF THE FOLLOWING: SUMMARY, KEY TERMS, REVIEW QUESTIONS, PROBLEMS, AND INTERNET SITE ADDRESSES; PART ONE: INTRODUCTION TO MICROECONOMICS; CHAPTER 1: INTRODUCTION; CHAPTER 2: BASIC DEMAND AND SUPPLY ANALYSIS; APPENDIX: THE ALGEBRA OF DEMAND, SUPPLY, AND EQUILIBRIUM; PART TWO: THEORY OF CONSUMER BEHAVIOR AND DEMAND; CHAPTER 3: CONSUMER PREFERENCES AND CHOICE; CHAPTER 4: CONSUMER BEHAVIOR AND INDIVIDUAL DEMAND; APPENDIX: INDEX NUMBERS AND CHANGES IN CONSUMER WELFARE; CHAPTER 5: MARKET DEMAND AND ELASTICITIES; APPENDIX: EMPIRICAL ESTIMATION OF DEMAND BY REGRESSION ANALYSIS; CHAPTER 6: CHOICE UNDER UNCERTAINTY; PART THREE: PRODUCTION, COSTS, AND COMPETITIVE MARKETS; CHAPTER 7: PRODUCTION THEORY; APPENDIX: THE COBB-DOUGLAS PRODUCTION FUNCTION; CHAPTER 8 COSTS OF PRODUCTION; APPENDIX: EXTENSIONS AND USES OF PRODUCTION AND COST ANALYSIS; CHAPTER 9 PRICE AND OUTPUT UNDER PERFECT COMPETITION; APPENDIX: THE FOREIGN-EXCHANGE MARKET AND THE DOLLAR EXCHANGE RATE; PART FOUR: IMPERFECTLY COMPETITIVE MARKETS; CHAPTER 10 PRICE AND OUTPUT UNDER PURE MONOPOLY; CHAPTER 11 PRICE AND OUTPUT UNDER MONOPOLISTIC COMPETITION AND OLIGOPOLY; APPENDIX: THE COURNOT AND STACKELBERG MODELS; CHAPTER 12 GAME THEORY AND OLIGOPOLISTIC BEHAVIOR; CHAPTER 13 MARKET STRUCTURE, EFFICIENCY, AND REGULATION; PART FIVE PRICING AND EMPLOYMENT OF INPUTS; CHAPTER 14 INPUT PRICE AND EMPLOYMENT UNDER PERFECT COMPETITION; CHAPTER 15 INPUT PRICE AND EMPLOYMENT UNDER IMPERFECT COMPETITION; CHAPTER 16 FINANCIAL MICROECONOMICS: INTEREST, INVESTMENT, AND THE COST OF CAPITAL; PART SIX GENERAL EQUILIBRIUM, EFFICIENCY, AND PUBLIC GOODS; CHAPTER 17 GENERAL EQUILIBRIUM AND WELFARE ECONOMICS; CHAPTER 18 EXTERNALITIES, PUBLIC GOODS, AND THE ROLE OF THE GOVERNMENT; CHAPTER 19 THE ECONOMICS OF INFORMATION; APPENDIX A: MATHEMATICAL APPENDIX; APPENDIX B: ANSWERS TO SELECTED PROBLEMS; APPENDIX C: GLOSSARY