Microeconomic Analysis. 3rd Ed.

The Third Edition expands on the earlier editions in two ways. First, the existing coverage has been rewritten and rearranged. Second, new chapters have been added on game theory, oligopoly, asset markets, and information economics. The rearrangement follows the model of Hal Varian's Intermediate Microeconomics: a number of short chapters, each devoted to a single topic. In fact, the topical division is as close as possible to that of the undergraduate text. This makes it easy to review undergraduate material before moving on to graduate material. The new chapters highlight significant developments in microeconomic theory in the last ten years at a level that is accessible for first-year graduate students.

Classic features:
* Emphasis on the dual approach to consumer and firm behavior.
* Integration of the modem analytic approach with classical price theory
* Analysis of economic behavior using classical methods of comparative statics, duality, and nonparametric methods.
* Emphasis on analytical techniques that are useful in applied research.

Highlights of the revision:
* New chapter on game theory that provides an appropriate introduction for first-year students.
* New chapter on oligopoly that features many of the recent developments in this area.
* New chapter on asset markets that describes "what every economist should know" about the theory of financial markets.
* New chapter on information economics that provides a unified treatment of incentives and markets in the presence of information asymmetries.