This is a comprehensive textbook covering all of the topics taught in the graduate-level, two-semester course in microeconomic theory required of all graduate students in economics. It combines the results of the authors' experience of teaching microeconomics at Harvard and has been fully classroom tested.
This is a comprehensive textbook covering all of the topics taught in the graduate-level, two-semester course in microeconomic theory required of all graduate students in economics. It combines the results of the authors' experience of teaching microeconomics at Harvard and has been fully classroom tested.
Many instructors of microeconomic theory have been waiting for a text that provides balanced and in-depth analysis of the essentials of microeconomics. Masterfully combining the results of years of teaching microeconomics at Harvard University, Andreu Mas-Colell, Michael Whinston, and Jerry Green have filled that conspicuous vacancy with their groundbreaking text, Microeconomic Theory.The authors set out to create a solid organizationalfoundation upon which to build the effective teaching tool for microeconomic theory. The result presents unprecedented depth of coverage in all the essential topics, while allowing professors to "tailor-make" theircourse to suit personal priorities and style. Topics such as noncooperative game theory, information economics, mechanism design, and general equilibrium under uncertainty receive the attention that reflects their stature within the discipline. The authors devote an entire section to game theory alone, making it "free-standing" to allow instructors to return to it throughout the course when convenient. Discussion is clear, accessible, and engaging, enabling the student to gradually acquireconfidence as well as proficiency. Extensive exercises within each chapter help students to hone their skills, while the text's appendix of terms, fully cross-referenced throughout the previous fivesections, offers an accessible guide to the subject matter's terminology. Teachers of microeconomics need no longer rely upon scattered lecture notes to supplement their textbooks. Deftly written by three of the field's most influential scholars, Microeconomic Theory brings the readability, comprehensiveness, and versatility to the first-year graduate classroom that has long been missing.
"Clear, comprehensive, and deep! The authors' treatment is both contemporary and probing, covering all aspects of modern microeconomic theory at a level accessible to graduate students, and which goes beyond simple statement of results to underscore the underlying intuition. This text should be a standard for graduate study in microeconomics!"--Lars Stole, University of Chicago"An excellent, comprehensive text."--Michael Jerison, SUNY at Albany"Broader and deeper than any graduate microeconomics textbook I know."--Rajeev Dehejia, Harvard"Outstanding! The choice of topics, coverage, and degree of sophistication is perfect for a first-year graduate theory sequence."--Glenn MacDonald, W.E. Simm Graduate School of Business"Extremely helpful as a teaching aid in a first year graduate theory course. It covers a great deal of material, motivating the material with informal discussion yet presenting it compactly and rigorously, with illuminating diagrams and formal examples. There is also a wealth of interesting homework problems."--Truman F. Bewley, Yale University"Clear, comprehensive, and deep! The authors' treatment is both contemporary and probing, covering all aspects of modern microeconomic theory at a level accessible to graduate students, and which goes beyond simple statement of results to underscore the underlying intuition. This text should be a standard for graduate study in microeconomics!"--Lars Stole, University of Chicago"An excellent, comprehensive text."--Michael Jerison, SUNY at Albany"Broader and deeper than any graduate microeconomics textbook I know."--Rajeev Dehejia, Harvard"Outstanding! The choice of topics, coverage, and degree of sophistication is perfect for a first-year graduate theory sequence."--Glenn MacDonald, W.E. Simm Graduate School of Business"Extremely helpful as a teaching aid in a first year graduate theory course. It covers a great deal of material, motivating the material with informal discussion yet presenting it compactly and rigorously, with illuminating diagrams and formal examples. There is also a wealth of interesting homework problems."--Truman F. Bewley, Yale University"Excellent text! The scope of the book is vast, including numerous applied topics, noncooperative and cooperative game theory, and an outstanding presentation of general equilibrium theory. It is rigorous, well written, and sparklingly clear. The problems at the end of each chapter typically begin with straightforward exercises and progress to exercises that will challenge the best students."--Myrna Wooders, University of Toronto"An encyclopaedic text which provides an authoritative treatment of classical microeconomic theory and of key modern developments. Noteworthy features include an excellent discussion of information economics, a superb introduction to game theory, and the most detailed textbook account of static and dynamic general equilibrium theory currently available. The text will be a boon to graduate students of economics and their teachers."--Dilip Abreu, PrincetonUniversity"Presents a rigorous treatment of microeconomic theory at the graduate level. For students with an adequate background, the text is a lucid step beyond the conventional 'Samuelson's Foundations' style treatment. It is thorough, rich, and well exposited."--Steven M. Goldman, University of California at Berkeley"This book provides the most comprehensive and extensive guidance to microeconomic theory, particularly for first- or second-year graduate students."--Sang Lee, University of Florida"Sets the standard by which all graduate micro texts must be judged."--David Nickerson, American University"It is the bible."--Ben Polak, Yale University
Many instructors of microeconomic theory have been waiting for a text that provides balanced and in-depth analysis of the essentials of microeconomics. Masterfully combining the results of years of teaching microeconomics at Harvard University, Andreu Mas-Colell, Michael Whinston, and Jerry Green have filled that conspicuous vacancy with their groundbreaking text, Microeconomic Theory.The authors set out to create a solid organizational foundation upon which to build the effective teaching tool for microeconomic theory. The result presents unprecedented depth of coverage in all the essential topics, while allowing professors to "tailor-make" their course to suit personal priorities and style. Topics such as noncooperative game theory, information economics, mechanism design, and general equilibrium under uncertainty receive the attention that reflects their stature within the discipline. The authors devote an entire section to game theory alone, making it "free-standing" to allow instructors to return to it throughout the course when convenient. Discussion is clear, accessible, and engaging, enabling the student to gradually acquire confidence as well as proficiency. Extensive exercises within each chapter help students to hone their skills, while the text's appendix of terms, fully cross-referenced throughout the previous five sections, offers an accessible guide to the subject matter's terminology. Teachers of microeconomics need no longer rely upon scattered lecture notes to supplement their textbooks. Deftly written by three of the field's most influential scholars, Microeconomic Theory brings the readability, comprehensiveness, and versatility to the first-year graduate classroom that has long been missing.
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