Build a strong foundation in economic analysis with Microeconomic Theory: Basic Principles and Extensions (12th Edition), a globally acclaimed textbook that offers a rigorous and comprehensive introduction to modern microeconomics. Widely used in universities and economics programs, this authoritative text helps students understand how individuals, firms, and markets make decisions and interact in competitive and strategic environments.

Microeconomic Theory: Basic Principles and Extensions (12th Edition) by Walter Nicholson and Christopher Snyder is a leading economics textbook that explores consumer behavior, producer theory, market structures, game theory, pricing strategies, welfare economics, risk analysis, information economics, and advanced microeconomic concepts.

The book presents core economic principles through mathematical analysis, real-world applications, and logical reasoning. It covers topics such as utility maximization, demand and supply analysis, production and cost theory, perfect competition, monopoly, oligopoly, strategic behavior, factor markets, externalities, public goods, uncertainty, and market efficiency. Its analytical approach helps students develop a deeper understanding of economic decision-making and policy implications.

The 12th Edition incorporates contemporary economic examples, updated research, and modern analytical techniques while maintaining its strong theoretical foundation. It serves as an essential resource for undergraduate and postgraduate students of economics, business, public policy, and related disciplines.

Blending economic theory, quantitative analysis, academic rigor, and practical applications, Microeconomic Theory: Basic Principles and Extensions remains one of the most respected and widely adopted microeconomics textbooks worldwide.

Publisher: CENGAGE

Language : English

Binding: PAPER BACK

Pages : 761