Price Theory and Applications, International Edition combines a lively narrative with a hands-on, inductive approach to make understanding intermediate price theory engaging and accessible - even without prior knowledge of calculus. Inspired by the reader-friendly style of The Armchair Economist, the book invites students to learn economics by actively working through real-world examples, intriguing exhibits, and stimulating numerical exercises. Covering both core economic concepts and timely topics such as the economics of information, this edition meticulously unifies its content around the theme of social welfare. Its clear structure and abundant problem sets provide readers with numerous opportunities to test and deepen their understanding, ensuring that the theoretical insights translate into practical skills. Spanning 720 pages in a convenient paperback format, Price Theory and Applications is an essential guide for students eager to explore and apply economic principles in diverse contexts. Its engaging presentation and thorough development of ideas make it a valuable resource for anyone interested in a dynamic, interactive approach to economic theory.
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