This text emphasizes a modern approach to microeconomics by integrating new topics in microeconomic theory and making them accessible to students. These topics include risk and uncertainty, assymetric information and game theory. Traditional topics are also treated in a clear way with solid applications. Modifications have been made to the text in this edition, these include new information on the theory of the firm, specifically the coverage of cost, and examples are included throughout the text to reinforce the material presented.
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This text emphasizes a modern approach to microeconomics by integrating new topics and making them accessible to students. The book covers risk and uncertainty, asymmetric information and game theory and examples are included throughout the text to reinforce the material presented.
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The market economy. Part 1 The household: consumer choice; comparative statics and demand; price changes and consumer welfare; the household as supplier; choice under uncertainty. Part 2 The firm: the firm and its goals; technology and production; cost. Part 3 The competitive markets; general equilibrium and welfare economics. Part 4 Market power: market power; monopoly; more on price-making firms; oligopoly and strategic behaviour; game theory; asymmetric information; externalities and public goods.
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Produktdetaljer

ISBN
9780071153546
Publisert
1997-09-01
Utgiver
Vendor
McGraw-Hill Education (ISE Editions)
Vekt
1200 gr
Høyde
230 mm
Aldersnivå
UU, UP, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
672