Microeconomic Theory Old and New: A Student's Guide has two main goals. The first is to give advanced undergraduate and graduate students an understanding of the core model of economics: Walrasian general equilibrium theory. The text presents in detail the three building blocks of Walrasian...

This book shows, from start to finish, how microeconomics can and should be used in the analysis of public policy problems. It is an exciting new way to learn microeconomics, motivated by its application to important, real-world issues. Lee Friedman's modern replacement for his influential 1984...

The Microeconomics of Market Failures -- Contents -- Preface -- The Microeconomics of Market Failures -- Introduction -- Collective Choice -- The Aggregation of Preferences -- Cost-Benefit Analysis -- Implementation -- Public Economics -- Public Goods -- External Effects -- Nonconvexities --...