Microeconomics, 5^th Edition gives students the most effective approach for learning microeconomic tools and concepts. This text provides an accessible, integrated structure with numerous practice problems, exercises, and engaging applications.  Worked-out Learning-by-Doing problems, mathematical and graphical data, and verbal explanations enable business and economics majors to recognize significant data, patterns, and trends.

Microeconomics, 5^th Edition is also available as a Wiley E-Text: Powered by VitalSource enhanced with dynamic content to further enrich student learning.

New To This Edition

• This book is also available as a Wiley E-Text: Powered by VitalSource enhanced with dynamic content such as embedded quizzes, audio-enhanced graphics, interactive charts and graphs, and clickable images.
• New applications with a focus on current events such as health care reform in the U.S., the collapse of AIG, parking meter privatization in Chicago, and the bailout of the Parmesan cheese industry in Italy.
• New content on pay for performance has been added to Chapter 15 and on contrasting emissions fees, emission standards, and tradable permits to Chapter 17.