Microeconomics, 6th Australia and New Zealand Edition

ISBN: 9781119666219

Microeconomics, 6th 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.


  • Fresh and revised applications and chapter openers, including many focused on international microeconomics, technology, and the gig economy.
  • Revised end-of-chapter problems, data sets, graphs, and Learning-by-Doing (LBD) exercises
  • Coverage of game theory/trade wars, computable general equilibrium models, and computational analysis in industrial organizations
David Besanko
Ronald Braeutigam
Part 1: Introduction to Microeconomics

Chapter 1. Analysing Economic Problems
Chapter 2. Demand and Supply Analysis

Part 2: Consumer Theory

Chapter 3. Consumer Preferences and the Concept of Utility
Chapter 4. Consumer Choice
Chapter 5. The Theory of Demand

Part 3: Production and Cost Theory

Chapter 6. Inputs and Production Functions
Chapter 7. Costs and Cost Minimisation
Chapter 8. Cost Curves

Part 4: Perfect Competition

Chapter 9. Perfectly Competitive Markets
Chapter 10. Competitive Marks: Applications

Part 5: Market Power

Chapter 11. Monopoly and Monopsony
Chapter 12. Capturing Surplus

Part 6: Imperfect Competition and Strategic Behaviour

Chapter 13. Market Structure and Competition
Chapter 14. Game Theory and Strategic Behaviours

Part 7: Special Topics

Chapter 15. Risk and Information
Chapter 16. General Equilibrium Theory
Chapter 17. Externalities and Public Goods

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E-Text: 9781119672975
Textbook: 9781119666219