This textbook aims to provide a comprehensive overview of the essentials of microeconomics. It offers unprecedented depth of coverage, whilst allowing lecturers to 'tailor-make' their courses to suit personal priorities. Covering topics such as noncooperative game theory, information economics, mechanism design and general equilibrium under uncertainty, it is written in a clear, accessible and engaging style and provides practice exercises and a full appendix of terminology.
PART I: INDIVIDUAL DECISION-MAKING; PART II: GAME THEORY; PART III: MARKET EQUILIBRIUM AND MARKET FAILURE; PART IV: GENERAL EQUILIBRIUM; PART V: WELFARE ECONOMICS AND INCENTIVES
"A seminal textbook in that Area. Should be used (and kept) by all graduate students in economic modelisation".