Practice Exercises for Intermediate Microeconomic Theory

Detailed answer keys to all 140 self-assessment exercises and solutions to the 173 odd-numbered end-of-chapter exercises in Intermediate Microeconomic Theory.

This book accompanies Ana Espinola-Arredondo and Felix Muñoz-Garcia's Intermediate Microeconomic Theory: Tools and Step-by-Step Examples, offering detailed answer keys to all 140 self-assessment exercises and solutions to the 173 odd-numbered end-of-chapter exercises. It provides readable step-by-step explanations and algebra support, enabling students to approach similar exercises on their own, emphasizing the economic intuition behind mathematical results.

Chapter 2 - Consumer Preferences and Utility
Chapter 3 - Consumer Choice
Chapter 4 - Substitution and Income Effects
Chapter 5 - Measuring Welfare Changes
Chapter 6 - Choice under Uncertainty
Chapter 7 - Production Functions
Chapter 8 - Cost Minimization
Chapter 9 - Partial and General Equilibrium
Chapter 10 - Monopoly
Chapter 11 - Price Discrimination and Bundling
Chapter 12 - Simultaneous-move Games
Chapter 13 - Sequential and Repeated Games
Chapter 14 - Imperfect Competition
Chapter 15 - Games of Incomplete Information and Auctions
Chapter 16 - Contract Theory
Chapter 17 - Externalities and Public GoodsAna Espinola-Arredondo is Associate Director and Associate Professor in the School of Economic Sciences at Washington State University.

Felix Muñoz-Garcia is Associate Professor in the School of Economic Sciences at Washington State University.Detailed answer keys to all 140 self-assessment exercises and solutions to the 173 odd-numbered end-of-chapter exercises in Ana Espinola-Arredondo and Felix Mu