Applied microeconomics

Applied Microeconomics focuses on economic applications and problems which affect both the UK and other European countries. Stephen Hope provides a balance between theoretical and applied material and shows how microeconomic theory applies in a real-world context. This clear relationship between carefully selected applications and the mainstream body of theory is one of the distinctive features of this book. Other key features include: Provides an accessible explanation of the main principles of microeconomic theory Assists the reader in understanding the usefulness and limitations of neo-classical theory Includes an in-depth discussion of selected applications e.g. housing, labour supply and work incentives, and competition and regulation Clearly structured with numerous questions, end of chapter summaries and mathematical appendice