Microeconomics

Hall (economics, Stanford University) and Lieberman (economics, New York University) have added expanded treatment of supply elasticity and tax incidence, network externalities, and the Nash equilibrium to this text on core principles of microeconomics. Avoiding nonessential material and distracting features such as interviews and news clippings, the text focuses on explaining concepts and presenting concrete examples, and includes boxes on common misconceptions and capstone chapters which pull together tools learned over several chapters and apply them to real-world issues. Annotation ©2004 Book News, Inc., Portland, OR