Applied Microeconomic Theory

Author : Felix Munoz-Garcia
Publisher : MIT Press
ISBN 13 : 026234209X
Total Pages : 892 pages
Book Rating : 4.94/5 ( download)

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Download or read book Advanced Microeconomic Theory written by Felix Munoz-Garcia and published by MIT Press. This book was released on 2017-08-11 with total page 892 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to advanced topics in microeconomics that emphasizes the intuition behind assumptions and results, providing examples that show how to apply theory to practice. This textbook offers an introduction to advanced microeconomic theory that emphasizes the intuition behind mathematical assumptions, providing step-by-step examples that show how to apply theoretical models. It covers standard topics such as preference relations, demand theory and applications, producer theory, choice under uncertainty, partial and general equilibrium, monopoly, game theory and imperfect competition, externalities and public goods, and contract theory; but its intuitive and application-oriented approach provides students with a bridge to more technical topics. The book can be used by advanced undergraduates as well as Masters students in economics, finance, and public policy, and by PhD students in programs with an applied focus. The text connects each topic with recent findings in behavioral and experimental economics, and discusses these results in context, within the appropriate chapter. Step-by-step examples appear immediately after the main theoretical findings, and end-of chapter exercises help students understand how to approach similar exercises on their own. An appendix reviews basic mathematical concepts. A separate workbook, Practice Exercises for Advanced Microeconomic Theory, offers solutions to selected problems with detailed explanations. The textbook and workbook together help students improve both their theoretical and practical preparation in advanced microeconomics.

Author : Robert E. Kuenne
Publisher : Wiley-Blackwell
ISBN 13 : 9780631220701
Total Pages : 464 pages
Book Rating : 4.04/5 ( download)

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Download or read book Readings in Applied Microeconomic Theory written by Robert E. Kuenne and published by Wiley-Blackwell. This book was released on 2000-10-19 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Readings in Applied Microeconomic Theory: Market Forces and Solutions presents both classic articles fundamental to microeconomic analysis as well as modern treatments of frontier issues in applied theory. Complementary to standard textbook treatments, the readings and their bibliographies offer further coverage of new fields such as game theory, decision-making under uncertainty theory, and auction theory.

Author : David Debertin
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781475244342
Total Pages : 0 pages
Book Rating : 4.47/5 ( download)

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Download or read book Applied Microeconomics written by David Debertin and published by Createspace Independent Publishing Platform. This book was released on 2012-06-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a microeconomic theory book designed for upper-division undergraduate students in economics and agricultural economics. Basic introductory college courses in microeconomics and differential calculus are the assumed prerequisites. The last, tenth, chapter of the book reviews some mathematical principles basic to the other chapters. All of the chapters contain many numerical examples and graphs developed from the numerical examples. The ambitious student could recreate any of the charts and tables contained in the book using a computer and Excel spreadsheets. There are many numerical examples of the key elements of marginal analysis. In addition, many practical examples are taken from the real world to illustrate key points. Most of the examples used in the book come from the food and agricultural industries, broadly defined. Examples in consumer choice and utility focus on consumer decisions to purchase hamburgers and French fries. Production examples involve choices farmers make in order to apply fertilizer to crops. Market models are employed that illustrate consumer choice between beef, pork and chicken at the grocery meat counter, and so on. A few of the examples do not employ agriculturally related goods, such as the examples dealing with the fate of the Polaroid corporation and its instant cameras, monopoly power of cable television providers and competition between the big three automakers in the 1950s. Each chapter begins with material that will be familiar to nearly any student who has passed an introductory microeconomics course. However, as each chapter progresses, the problems and the math required to complete them get tougher. Critical points throughout the text are highlighted in text boxes. The instructor need not use all of the sections of each chapter for a course as each section of each chapter is self-contained. Each chapter concludes with a basic summary of key points and a comprehensive list of terms and definitions. Students might choose to begin by reading the key summary points and definitions at the end of each chapter. Each chapter also contains a spreadsheet exercise for students to create examples similar to the tables and charts in the text.The book is designed for use in a one-semester course, covering the parts of microeconomics that nearly every instructor believes should be covered at the intermediate level, but also recognizing that most instructors will want to devote a few weeks of the semester to material specific to their own interests.David L. Debertin

Author : Geoffrey Alexander Jehle
Publisher :
ISBN 13 : 9780321204530
Total Pages : 543 pages
Book Rating : 4.30/5 ( download)

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Download or read book Advanced Microeconomic Theory written by Geoffrey Alexander Jehle and published by . This book was released on 2001 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This advanced economics text bridges the gap between familiarity with microeconomic theory and a solid grasp of the principles and methods of modern neoclassical microeconomic theory.

Author : David M. Kreps
Publisher : Princeton University Press
ISBN 13 : 069121574X
Total Pages : 864 pages
Book Rating : 4.47/5 ( download)

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Download or read book A Course in Microeconomic Theory written by David M. Kreps and published by Princeton University Press. This book was released on 2020-06-23 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: David M. Kreps has developed a text in microeconomics that is both challenging and "user-friendly." The work is designed for the first-year graduate microeconomic theory course and is accessible to advanced undergraduates as well. Placing unusual emphasis on modern noncooperative game theory, it provides the student and instructor with a unified treatment of modern microeconomic theory--one that stresses the behavior of the individual actor (consumer or firm) in various institutional settings. The author has taken special pains to explore the fundamental assumptions of the theories and techniques studied, pointing out both strengths and weaknesses. The book begins with an exposition of the standard models of choice and the market, with extra attention paid to choice under uncertainty and dynamic choice. General and partial equilibrium approaches are blended, so that the student sees these approaches as points along a continuum. The work then turns to more modern developments. Readers are introduced to noncooperative game theory and shown how to model games and determine solution concepts. Models with incomplete information, the folk theorem and reputation, and bilateral bargaining are covered in depth. Information economics is explored next. A closing discussion concerns firms as organizations and gives readers a taste of transaction-cost economics.

Author : Craig Newmark
Publisher : Routledge
ISBN 13 : 1135969450
Total Pages : 458 pages
Book Rating : 4.55/5 ( download)

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Download or read book Readings in Applied Microeconomics written by Craig Newmark and published by Routledge. This book was released on 2009-06-16 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This reader encourages students to appreciate the power of the market, including specific examples and addressing questions on whether markets actually work well and offering evidence that market failures are not as serious or as common as claimed.

Author : Stephen Hope
Publisher :
ISBN 13 :
Total Pages : 554 pages
Book Rating : 4.96/5 ( download)

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Download or read book Applied Microeconomics written by Stephen Hope and published by . This book was released on 1999-07-23 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has recently been a major shift in the market whereby more students are enrolling for business economics and joint honours rather than single honours economics degrees. Applied Microeconomics addresses this change in the market.

Author : W. Bentley MacLeod
Publisher : MIT Press
ISBN 13 : 0262046873
Total Pages : 417 pages
Book Rating : 4.79/5 ( download)

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Download or read book Advanced Microeconomics for Contract, Institutional, and Organizational Economics written by W. Bentley MacLeod and published by MIT Press. This book was released on 2022-04-05 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A graduate textbook on microeconomics, covering decision theory, game theory, and the foundations of contract theory, with a unique focus on the empirical. This graduate-level text on microeconomics, covering such topics as decision theory, game theory, bargaining theory, contract theory, trade under asymmetric information, and relational contract theory, is unique in its emphasis on the interplay between theory and evidence. It reviews the microeconomic theory of exchange “from the ground up,” aiming to produce a set of models and hypotheses amenable to empirical exploration, with particular focus on models that are useful for the study of contracts, institutions, and organizations. It explores research that extends price theory to the exchange of commodities when markets are incomplete, discussing recent developments in the field. Topics covered include the relationship between theory and evidence; decision theory as it is used in contract theory and institutional design; game theory; axiomatic and strategic bargaining theory; agency theory and the class of models that are considered to constitute contract theory, with discussions of moral hazard and trade with asymmetric information; and the theory of relational contracts. The final chapter offers a nontechnical review that provides a guide to which model is the most appropriate for a particular application. End-of-chapter exercises help students expand their understanding of the material, and an appendix provides brief introduction to optimization theory and the welfare theorem of general equilibrium theory. Students are assumed to be familiar with general equilibrium theory and basic constrained optimization theory.

Author : Ana Espinola-Arredondo
Publisher : MIT Press
ISBN 13 : 0262359448
Total Pages : 504 pages
Book Rating : 4.43/5 ( download)

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Download or read book Intermediate Microeconomic Theory written by Ana Espinola-Arredondo and published by MIT Press. This book was released on 2020-10-27 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: A short, rigorous introduction to intermediate microeconomic theory that offers worked-out examples, tools for solving exercises, and algebra support. This book takes a concise, example-filled approach to intermediate microeconomic theory. It avoids lengthy conceptual description and focuses on worked-out examples and step-by-step solutions. Each chapter presents the basic theoretical elements, reducing them to their main ingredients, and offering several worked-out examples and applications as well as the intuition behind each mathematical assumption and result. The book provides step-by-step tools for solving standard exercises, offering students a common approach for solving similar problems. The book walks readers through each algebra step and calculation, so only a basic background in algebra and calculus is assumed. The book includes 140 self-assessment exercises, giving students an opportunity to apply concepts from previous worked-out examples.

Author : Michael Eugene Wetzstein
Publisher : Routledge
ISBN 13 : 0415603692
Total Pages : 1096 pages
Book Rating : 4.90/5 ( download)

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Download or read book Microeconomic Theory written by Michael Eugene Wetzstein and published by Routledge. This book was released on 2013 with total page 1096 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the main concepts of microeconomics to students who have undergone at least one elementary calculus course. It fully integrates graphical and mathematical concepts and offers analytical examples demonstrating numerical solutions. The book has a strong theoretical basis but shows how microeconomics can be brought to bear on the real world. New Features for this edition include: An incorporation of the theory of stock externalities associated with greenhouse gases ; Development of the section on insurance with particular reference to the new US healthcare program ; greater integration of game theoretic concepts throughout the book. The book's style is accessible, but also rigorous. Mathematical examples are provided throughout the book, in particular for key concepts and the result is a balanced approach in terms of prose, graphics, and mathematics.