Microeconomics and Behavior

Microeconomics and Behaviour, third edition, is an accessible yet intellectually challenging and engaging textbook for students.It develops core analytical and technical tools and embeds them in a collection of real-world examples and applications to illuminatethe power and versatility of the economic way of thinking.With this approach, students develop economic intuition and are stimulated to think more deeply about the technical tools they learn,and to find more interesting ways to apply them. This enables students to not just understand microeconomics, but to think likeeconomists themselves, and to develop a lasting interest in the discipline.Key Features. Fully updated chapters, including new and expanded material on international labour markets, the gig economy,behavioural game theory and nudge theory.. Extensive pedagogical features such as examples, key terms and definitions, in-chapter exercises, chapter summaries,and review questions and problems.. Economic Naturalist examples that show how economic principles can be used to explain experiences and observationsof everyday life. New examples include: "Why do firms benefit from the gig economy?", "Why is self-checkout becomingthe norm in shops?", and "Why do online retailers have flagship stores?".Connect® ResourcesAvailable with McGraw-Hill Education's Connect®, the well-established online learning platform, which helps faculty andinstitutions improve student outcomes and course delivery efficiency. In addition to maths tutorials and SmartBook, the awardwinningadaptive reading experience, the new Connect® features for this edition include:. Economic Application Based Activities that provide students with valuable practice, using problem solving skills to applytheir knowledge to realistic scenarios. Students progress from understanding basic concepts to using their knowledge toanalyse complex scenarios and solve problems.. Economic Naturalist graphing questions which have been newly developed to complement this key pedagogical featurefrom the textbook.. Interactive Graphs that help students see the relevance of the subject matter by providing visual displays of real data forstudents to manipulate. All graphs are accompanied by assignable assessment questions and feedback for students.To learn more, visit mheducation.co.uk/connect von Cartwright, Edward und Frank, Robert