Welcome to the Web site for Microeconomics, 5th Edition by David Besanko and Ronald Braeutigam. This Web site gives you access to the rich tools and resources. Professor David Besanko is IBM Professor of Regulation & Competitive Practices at the Kellogg School of Management at Northwestern University. Besanko is a Kellogg graduate, having received his Ph.D. In Managerial Economics and Decision Sciences in 1981.

Learning-by-doing problems throughout the text give students a chance to make economics their own. These fully worked-out problems provide a step-by-step road map to help students solve numerical problems. Each problem correlates to similar practice problems at the end of each chapter.

The authors include many extensive real-world examples in the text. Brilliant Traces Cindy Lou Johnson Pdf To Jpg there. These examples are contemporary applications of the theory and are longer and more extensive to show the evolution of the example.

Each chapter opens with an example to draw readers into the topic. Over 100 applications make the subject relevant and interesting for students. Math and graphs are integrated and presented in parallel, to help students understand both more deeply and to see the connections between them. This text includes modern topics and a more modern treatment of conventional topics. Examples includes an integrated treatment of game theory, ologopoly, a more detailed treatment of sunk costs, and consumer surplus.

DAVID BESANKO is the Alvin J. Huss Distinguished Professor of Management and Strategy at the Kellogg School of Management at Northwestern University. He received his AB in Political Science from Ohio University in 1977, his MS in Managerial Economics and Decision Sciences from Northwestern University in 1982. Before joining the Kellogg faculty in 1991, Professor Besanko was a member of the faculty of the School of Business at Indiana University from 1982 to 1991. In addition, in 1985, he held a post-doctorate position on the Economics Staff at Bell Communications Research. Professor Besanko teaches courses in the fields of Management and Strategy, Competitive Strategy, and Managerial Economics.