Microeconomic Theory (textbook)

{{Short description|1995 textbook}}

Microeconomic Theory by Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green is the standard US graduate level microeconomics textbook.{{cite journal|accessdate=May 9, 2025|url=https://dl.acm.org/doi/10.1007/s11192-023-04650-4

|title=The citation performance of the references in the standard graduate-level microeconomics textbook: Mas-Collel et al. (1995)

|first=Tolga |last=Yuret|journal=Scientometrics|volume=128|issue= 3

|page=1473-1484|date=February 3, 2023|publisher=ACM Digital Library}}

First published in 1995, the book consists of five parts: Part I: Individual Decision-Making; Part II: Game Theory; Part III: Market Equilibrium and Market Failure; Part IV: General Equilibrium; Part V: Welfare Economics and Incentives. The book provides a rigorous (mathematical) and lengthy (nearly 1000 pages) treatment of the standard microeconomic theorems and their proofs. Rochet, J.-C., & Fraysse, J. (1997). [Review of Microeconomic Theory, by A. Mas-Colell, M. D. Whinston, & J. R. Green]. Economica, 64(256), 703–704. El-Hodiri, M. (1996). [Review of Microeconomic Theory, by A. Mas-Colell, M. D. Whinston, & J. R. Green]. Journal of Economics, 64(1), 108–113

The book became the standard textbook soon after its 1995 publication. And, over 25 years later, it is still widely used.{{cite web|accessdate=May 9, 2025

|url=https://www.thoughtco.com/graduate-economics-reading-list-1146329 |title=Books to Study Before Going to Graduate School in Economics, Must Read Books for Pre-Ph.D Economics Students |first=Mike|last=Moffatt|author-link=Mike Moffatt|date=May 5, 2025|publisher=ThoughtCo.com}}