Browse and purchase any student and teaching resources, digital learning resources and educational textbooks.
Find any digital resource - Pearson eTexts, Lightbook, VitalSource, eBooks, MyLabs, Reader 2.0 & more.
Introducing the fast and easy way to shop. Simply enter your ISBN (unique product code) and checkout.
A step-by-step guide on how to order online.
Support your child's learning in Literacy, Maths, Science, History, Geography & more.
Find the resources you need to excel in Maths, Science, English, History, Geography & more.
We have all your university resources as well as MyLab, Mastering and eText access codes.
Vocational & TAFE resources including building & construction, plumbing, electrical and more.
Check out our extensive range of ELT resources for anyone at any age.
Primary school resources for Australian Curriculum English, Maths, Science, History, Geography & more.
Secondary teaching resources for Australian Curriculum (and for NSW), Pearson Custom, webinars & more.
Major conferences and professional development for leading pearson products for Schools, Health and HR professionals.
Browse our extensive range of educational products, resources and services.
VET teaching resources developed for a range of Australian Quality Training Framework Packages.
Browse the complete range of 2015 Pearson ELT resources, including Pearson English Readers.
Read our wrap on EduTech 2015. Don't miss out on all the video interviews we are posting - Eric Mazur, David Barnett, Super-Awesome Sylvia and more.
A new series where we chat with some of the leading thinkers and thought leaders in the education space.
Get topical information about F-12 Australian education, as well as the latest developments with our primary & secondary products.
Booksellers can login for extra benefits - product lists, view net pricing, stock levels and order direct.
Pearson contracted authors can access a range of resources, including the asset library and artwork briefs.
Find out about our commitment to education and learning. Overview of our products and services.
We provide learning resources and services such as research, assessment and digital repositories.
We are interested in seeking out the very best talent in authoring and innovation.
We are at the forefront of digital learning. Discover our full range of digital resources.
We would love to hear from you.
You are here:
Pearson Australia Home
A book that provides a treatment of microeconomic theory that stresses the relevance and application to managerial and public policy decision making.
This edition includes a number of new topics, updated examples, and improved exposition of existing materials.
For a complete multimedia book tour of Pindyck, Microeconomics, 8e, Click Here
Part I. Introduction: Markets and Prices
Chapter 1. Preliminaries
Chapter 2. The Basics of Supply and Demand
Part II. Producers, Consumers, and Competitive Markets
Chapter 3. Consumer Behavior
Chapter 4. Individual and Market Demand
Chapter 5. Uncertainty and Consumer Behavior
Chapter 6. Production
Chapter 7. The Cost of Production
Chapter 8. Profit Maximization and Competitive Supply
Chapter 9. The Analysis of Competitive Markets
Part III. Market Structure and Competitive Strategy
Chapter 10. Market Power: Monopoly and Monopsony
Chapter 11. Pricing with Market Power
Chapter 12. Monopolistic Competition and Oligopoly
Chapter 13. Game Theory and Competitive Strategy
Chapter 14. Markets for Factor Inputs
Chapter 15. Investment, Time, and Capital Markets
Part IV. Information, Market Failure, and the Role of Government
Chapter 16. General Equilibrium and Economic Efficiency
Chapter 17. Markets with Asymmetric Information
Chapter 18. Externalities and Public Goods
NEW! Offer the latest information:
New material on speculative demand and an expanded discussion of network externalities to include social networks can be found in Chapter 4.
Chapter 5 contains a new section on bubbles and informational cascades, along with examples showing applications to housing markets and the financial crisis. This chapter also contains expanded and updated material on behavioral economics.
New and updated examples:
Revised and improved treatment:
For undergraduate and graduate economics majors who are enrolled in an Intermediate Microeconomics course.
An Applied Approach To Micro
This text incorporates over 100 real-world examples into the flow of the text, rather than as segregated boxed features. These examples highlight the application of microeconomics to real managerial and public policy decisions. Examples include:
Key terms are defined in margins throughout the book and in the glossary. Concept links are also in margins to promote awareness of an idea previously introduced in the text.
OTHER TOPICS OF DISTINCTION
Chapter 4 includes new material on speculative demand and network externalities to include social networks.
· Alternative forms of organization and the definition of cooperative.
· Return to working assumption of profit maximization.
· Total cost and relation with variable cost example.
The Appendix to Chapter 11 has been expanded to cover the vertically integrated firm more broadly, including the problem of double marginalization and the advantages of vertical integration, along with the analysis of transfer pricing.
Chapter 18 on Externalities and Public Goods covers the treatment of environmental economics, a very hot topic now in this course. In addition, the author has clarified externalities and added a new section on stock externalities including the kind that arise from greenhouse gases and global warming. An example of pollution control in China is also included.
Understanding the formats available
This product is available in different formats to suit your needs, from the traditional printed textbook to an online MyLab/Mastering learning program your lecturer may use throughout your course.
Note: Only purchase MyLab/Mastering access if it has been set by your lecturer. For an optimal learning experience we recommend that you buy your MyLab/Mastering with an integrated eText.
© Copyright 2015 Pearson Australia Group Pty Ltd. All Rights Reserved. ABN 40 004 245 943