Microeconomics and Behaviour: South African edition
1. Thinking like an economist 2. Supply and demand PART 2 The Theory of Consumer Behaviour
3. Rational consumer choice 4. Individual and market demand
5. The economics of information and choice under uncertainty 6. Cognitive limitations and consumer behaviour PART 3 The Theory of the Firm and Market Structure
7. Production 8. Costs
9. Perfect competition 10. Monopoly
11. Imperfect competition: a game-theoretic approach PART 4 Factor Markets
12. Labour 13. Capital and exhaustible resources PART 5 Externalities, Public Goods and Welfare
14. Externalities, property rights and the Coase theorem 15. Government
16. General equilibrium and market efficiency
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.
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