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Description
Microeconomics: Equilibrium and Efficiency teaches how to apply microeconomic theory in an innovative, intuitive and concise way. Using real-world, empirical examples, this book not only covers the building blocks of the subject, but helps gain a broad understanding of microeconomic theory and models.
Table of Contents
Economic Building Blocks and the Importance of Elasticities
Scarcities and how they are Priced
PART II: THE DEMAND SIDE OF THE ECONOMY
Utility and Expenditures
Demand: Income and Substitution Effects
Measuring Consumer Well-being
PART III: THE SUPPLY SIDE OF THE ECONOMY
Production Analysis: Inputs, Outputs, Coefficients, and Productivity
Production Functions
Supply and Market Power
PART IV: BUILDING THE MODEL OF THE ECONOMY
Equilibrium
Efficiency Theory
PART V: PUTTING THE MODEL TO USE
Measuring Economic Performance
Market Forms and Competition Policy
Public Economics
PART VI: MARKET IMPERFECTIONS
Game Theory and the New Industrial Organization
Analyzing Uncertainty and Missing Information
Search, Transaction, and Switching Costs.
Product details
| Published | Apr 26 2013 |
|---|---|
| Format | Hardback |
| Edition | 1st |
| Extent | 370 |
| ISBN | 9780230201125 |
| Imprint | Bloomsbury Academic |
| Dimensions | 246 x 189 mm |
| Publisher | Bloomsbury Publishing |
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