Dominick Salvatore Schaums Outline of Microeconomics, 4th edition Schaums Outline Series 2006

PREFACE
vi
microeconomic theory and reflects the fact that we now do live an information
economy.
. Chapter 7 was expanded with the inclusion of Section 7.8 on The Cobb-Douglas
Production Function, Section 7.9 on X-Inefficiency, and Section 7.10 on Technological
Progress.
. New Section 11.6 on Transfer Pricing was added to new Chapter 11.
. Numerous additional examples, review questions, and problems and applications
were included throughout the volume.
These additions should be very useful, particularly to the more eager undergraduate student,
as well as to M.A. and M.B.A. students. Many other changes were also made throughout to
reflect the numerous helpful comments that I received from the many professors and students
who used the first two editions. Finally, the glossary of important economic terms and the
sample midterm and final examinations were revised and expanded.
DOMINICK SALVATORE