Microeconomic theory. Book 2

Many experts in microeconomic theory expected the appearance of a text that could provide a balanced and in -depth analysis of the basics of microeconomics. Masterningly combining the results of many years of teaching of microeconomics at Harvard University, Andreu Mas-Cooll, Michael Winston and Jerry Green performed this task by writing an amazing “microeconomic theory” job. The authors set out to create a strong organizational basis on which the effective teaching of microeconomic theory is built. The result represents an unprecedented depth of coverage of all significant topics, allowing teachers of microeconomics to form their courses in accordance with personal priorities and styles. Topics such as the autonomous theory of games, the information economy and the theory of general equilibrium in conditions of uncertainty, receive attention that corresponds to their roles within the discipline. The authors devoted a whole section of the game theory, making it independent so that teachers can return to this topic as the course develops and at the moment when it is convenient for them. The presentation of the material is made clearly, accessible and attractive, which allows the student to confidently advance, acquiring knowledge.
Numerous exercises for each chapter help students to hone their skills, and a dictionary of terms, made as an application to each chapter and equipped with cross links that refer to the previous five sections, offers an affordable guide to the terminology of the subject. Microeconomics teachers no longer need to resort to lectures scattered in various textbooks. Well written by three most influential scientists in this area "Microeconomic theory" brings completeness and versatility to the study of the subject by graduate students, which has long been missing