Price theory is a powerful analytical toolkit for measuring, explaining, and predicting human behavior in the marketplace. This incisive textbook provides an essential introduction to the subject, offering a diverse array of practical methods that empower students to learn by doing.
"A tremendous resource. This comprehensive and innovative book brings together in one great package the Chicago way of thinking about price theory."
—Douglas A. Irwin, author of Free Trade under Fire Sonia Jaffe is a research economist at Microsoft.
Robert Minton is a PhD student in business economics at Harvard Business School.
Casey B. Mulligan is professor of economics at the University of Chicago.
Kevin M. Murphy is the George J. Stigler Distinguished Service Professor of Economics at the University of Chicago's Booth School of Business.