Microeconomic Theory
Price: 1250.00 INR
ISBN:
9780198089537
Publication date:
16/08/2012
Paperback
998 pages
241.0x185.0mm
Price: 1250.00 INR
ISBN:
9780198089537
Publication date:
16/08/2012
Paperback
998 pages
241.0x185.0mm
This textbook aims to provide a comprehensive overview of the essentials of microeconomics. It offers unprecedented depth of coverage, whilst allowing lecturers to 'tailor-make' their courses to suit personal priorities. Covering topics such as noncooperative game theory, information economics, mechanism design and general equilibrium under uncertainty, it is written in a clear, accessible and engaging style and provides practice exercises and a full appendix of terminology.
Suitable for: Second or Third year microeconomics students-postgradute economics students.
Rights: For Sale in (Nepal, Bangladesh, Sri Lanka, Myanmar, Pakistan, )
Description
This textbook aims to provide a comprehensive overview of the essentials of microeconomics. It offers unprecedented depth of coverage, whilst allowing lecturers to 'tailor-make' their courses to suit personal priorities. Covering topics such as noncooperative game theory, information economics, mechanism design and general equilibrium under uncertainty, it is written in a clear, accessible and engaging style and provides practice exercises and a full appendix of terminology.
Table of contents
PART I: INDIVIDUAL DECISION-MAKING
Introduction to Part I
Chapter 1: Preference and Choice
Chapter 2: Consumer Choice
Chapter 3: Classical Demand Theory
Chapter 4: Aggregate Demand
Chapter 5: Production
Chapter 6: Choice under Uncertainty
PART II: GAME THEORY
Introduction to Part II
Chapter 7: Chapter 7: Basic Elements of Non-Cooperative Games
Chapter 8: Chapter 8: Simultaneous-Move Games
Chapter 9: Chapter 9: Dynamic Games
PART III: MARKET EQUILIBRIUM AND MARKET FAILURE
Introduction to Part III
Chapter 10: Chapter 10: Competitive Markets
Chapter 11: Extrnalities and Public Goods
Chapter 12: Market Power
Chapter 13: Adverse Selection, Signalling, and Screening
Chapter 14: The Principal-Agent Problem
PART IV: GENERAL EQUILIBRIUM
Introduction to Part IV
Chapter 15: General Equilibrium Theory: Some Examples
Chapter 16: Equilibrium and its Basic Welfare Properties
Chapter 17: The Positive Theory of Equilibrium
Chapter 18: Some Foundations for Competitive Equilibria
Chapter 19: General Equilibrium under Uncertainty
Chapter 20: Equilibrium and Time
PART V: WELFARE ECONOMICS AND INCENTIVES
Introduction to Part V
Chapter 21: Social Choice Theory
Chapter 22: Elements of Welfare Economics and Axiomatic Bargaining
Chapter 23: Incentives and Mechanism Design
Mathematical Appendix
Features
- Balanced and in-depth analysis of the essentials of microeconomics
- Covers topics such as noncooperative game theory, information economics, mechanism design and general equilibrium under uncertainty
- 'Self-sufficient' sections allow lecturers to 'mix and match' topics relevant to their courses
- Learning aids include extensive exercises within each chapter and an appendix providing a guide to terminology
Description
This textbook aims to provide a comprehensive overview of the essentials of microeconomics. It offers unprecedented depth of coverage, whilst allowing lecturers to 'tailor-make' their courses to suit personal priorities. Covering topics such as noncooperative game theory, information economics, mechanism design and general equilibrium under uncertainty, it is written in a clear, accessible and engaging style and provides practice exercises and a full appendix of terminology.
Read MoreTable of contents
PART I: INDIVIDUAL DECISION-MAKING
Introduction to Part I
Chapter 1: Preference and Choice
Chapter 2: Consumer Choice
Chapter 3: Classical Demand Theory
Chapter 4: Aggregate Demand
Chapter 5: Production
Chapter 6: Choice under Uncertainty
PART II: GAME THEORY
Introduction to Part II
Chapter 7: Chapter 7: Basic Elements of Non-Cooperative Games
Chapter 8: Chapter 8: Simultaneous-Move Games
Chapter 9: Chapter 9: Dynamic Games
PART III: MARKET EQUILIBRIUM AND MARKET FAILURE
Introduction to Part III
Chapter 10: Chapter 10: Competitive Markets
Chapter 11: Extrnalities and Public Goods
Chapter 12: Market Power
Chapter 13: Adverse Selection, Signalling, and Screening
Chapter 14: The Principal-Agent Problem
PART IV: GENERAL EQUILIBRIUM
Introduction to Part IV
Chapter 15: General Equilibrium Theory: Some Examples
Chapter 16: Equilibrium and its Basic Welfare Properties
Chapter 17: The Positive Theory of Equilibrium
Chapter 18: Some Foundations for Competitive Equilibria
Chapter 19: General Equilibrium under Uncertainty
Chapter 20: Equilibrium and Time
PART V: WELFARE ECONOMICS AND INCENTIVES
Introduction to Part V
Chapter 21: Social Choice Theory
Chapter 22: Elements of Welfare Economics and Axiomatic Bargaining
Chapter 23: Incentives and Mechanism Design
Mathematical Appendix