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Exploring microeconomics: Formal theory and practical problems

Microeconomics :Theory and Applications with Calculus, 5th Edition, Global Edition remains thepremiere microeconomics text to marry formal theory with robust, thoroughlyanalyzed real-world problems. Intended as an intermediate microeconomics text,Perloff introduces economic theory through a combination of calculus, algebra,and graphs. It then integrates estimated, real-life problems and applications,using a step-by-step approach to demonstrate how microeconomic theory can beapplied to solve practical problems and policy issues. Compared with similartexts, the author places greater emphasis on using contemporary theories toanalyze markets, so students are prepared to apply economic theory to thelatest policy analysis in the field.