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15 views1 page

Guide Opening

Uploaded by

chehu069
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Using the Student’s Guide

The chapters posted at this website constitute a Student’s Guide for the textbook,
Microeconomic Foundations I: Choice and Competitive Markets. You have permission to
print copies of these chapters for your personal use. In addition, instructors of courses
that adopt Microeconomic Foundations I: Choice and Competitive Markets as either a pri-
mary or supplemental text may print multiple copies of these chapters to distribute
to students in the course, to provide to course assistants, and/or to put on reserve
for the use of students in such a course. Instructors also have permission to “cut and
paste” solutions of individual problems for distribution to students either in hard-
copy or by posting, but you must include the copyright/permissions notice that ap-
pears on the first page of each chapter on all such cut-and-paste handouts or post-
ings. For all other uses, please obtain written (email) permission from David M. Kreps
(kreps@stanford.edu).

Each Student’s Guide chapter at this site corresponds to a chapter in the book. (The
one exception to this is a chapter corresponding to Appendix 6, which provides solu-
tions to all the problems given but not solved in that Appendix.) Each Student’s Guide
chapter provides a brief summary of the chapter and solutions to the starred prob-
lems from the text. Note that many of the starred problems provide proofs or steps
in proofs that have been left to the reader in the text; others provide detailed analy-
sis of variations on results given in the text. In some cases, the Student’s Guide chapter
also provides commentary on how you might want to attack the chapter and/or sug-
gestions about which problems to undertake. (Of course, my primary advice is to do
all the problems, but that may be unrealistic.)
Students over the years have disagreed about how and when the chapter sum-
maries are best consulted. Some students assert that it is best to read through the sum-
maries before tackling the text, so you have a sense of where the chapter is going and
how it will get there. This is particularly true for students who have seen this mate-
rial from a different textbook; they assert that an overview of how I plan to attack the
subject is helpful. But other students assert that the summaries are best as. . . sum-
maries, read after consuming the chapter. You must make up your own mind as to
what works best for you.
In addition, this site contains a link to a document, Errata, that provides a list of
all errors (of the typo variety and worse) in the book of which I currently know. You
should open that file immediately and make any necessary corrections to your copy
of the book. Note that many errors found in the first year of publication have been
corrected in later print runs; the file Errata explains how to discover if your copy has
these corrections already or not.
If you find errors in the text not listed in this document, of the typo version or
otherwise, please email them to me, and I will include them. If you discover any ty-
pos/thinkos in the solutions offered in this Guide, please email them to me. Finally, if
you have feedback to offer on the book, good or bad, my email address is kreps@stanford.edu.

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