This second edition retains the positive features of being clearly written, well organized, and incorporating calculus in the text, while adding expanded coverage on game theory, experimental economics, and behavioural economics. It remains more focused and manageable than similar textbooks, and provides a concise yet comprehensive treatment of the core topics of microeconomics, including theories of the consumer and of the firm, market structure, partial and general equilibrium, and market failures caused by public goods, externalities and asymmetric information. The book includes helpful…mehr
This second edition retains the positive features of being clearly written, well organized, and incorporating calculus in the text, while adding expanded coverage on game theory, experimental economics, and behavioural economics. It remains more focused and manageable than similar textbooks, and provides a concise yet comprehensive treatment of the core topics of microeconomics, including theories of the consumer and of the firm, market structure, partial and general equilibrium, and market failures caused by public goods, externalities and asymmetric information. The book includes helpful solved problems in all the substantive chapters, as well as over seventy new mathematical exercises and enhanced versions of the ones in the first edition. The authors make use of the book's full color with sharp and helpful graphs and illustrations. This mathematically rigorous textbook is meant for students at the intermediate level who have already had an introductory course in microeconomics, and a calculus course.
Roberto Serrano is the Harrison S. Kravis University Professor of Economics at Brown University. He received his B.A. in economics from Universidad Complutense de Madrid in 1987, and a Ph.D. in economics from Harvard University in 1992, when he began teaching at Brown University. He is the co-author (with Feldman) of Welfare Economics and Social Choice Theory, 2nd edition (2005). He was elected Fellow of the Game Theory Society in 2017, member of its Council from 2005 to 2011, Fellow of the Econometric Society in 2013, Alfred P. Sloan Foundation Fellow in 1998, and received the Fundacion Banco Herrero Prize in 2004 (awarded to the best Spanish economist under 40). He has delivered a high number of plenary and keynote lectures at economic theory and game theory meetings, and his editorial responsibilities include being an Associate Editor of Games and Economic Behavior and the International Journal of Game Theory, and having been the Editor-in-Chief of Economics Letters.
Inhaltsangabe
1. Introduction; Part I. Theory of the Consumer: 2. Preferences and utility; 3. The budget constraint and the consumer's optimal choice; 4. Demand functions; 5. Supply functions for labor and savings; 6. Welfare economics 1: the one-person case; 7. Welfare economics 2: the many-person case; Part II. Theory of the Producer: 8. Theory of the firm 1: the single-input model; 9. Theory of the firm 2: the long run, multiple-input model; 10. Theory of the firm 3: the short run, multiple-input model; Part III. Partial Equilibrium: Market Structure: 11. Perfectly competitive markets; 12. Monopoly and monopolistic competition; 13. Duopoly; 14. Game theory; Part IV. General Equilibrium: 15. An exchange economy; 16. A production economy; Part V. Market Failure: 17. Externalities; 18. Public goods; 19. Uncertainty and expected utility; 20. Uncertainty and asymmetric information.
1. Introduction Part I. Theory of the Consumer: 2. Preferences and utility 3. The budget constraint and the consumer's optimal choice 4. Demand functions 5. Supply functions for labor and savings 6. Welfare economics 1: the one-person case 7. Welfare economics 2: the many-person case Part II. Theory of the Producer: 8. Theory of the firm 1: the single-input model 9. Theory of the firm 2: the long run, multiple-input model 10. Theory of the firm 3: the short run, multiple-input model Part III. Partial Equilibrium: Market Structure: 11. Perfectly competitive markets 12. Monopoly and monopolistic competition 13. Duopoly 14. Game theory Part IV. General Equilibrium: 15. An exchange economy 16. A production economy Part V. Market Failure: 17. Externalities 18. Public goods 19. Uncertainty and expected utility 20. Uncertainty and asymmetric information.
1. Introduction; Part I. Theory of the Consumer: 2. Preferences and utility; 3. The budget constraint and the consumer's optimal choice; 4. Demand functions; 5. Supply functions for labor and savings; 6. Welfare economics 1: the one-person case; 7. Welfare economics 2: the many-person case; Part II. Theory of the Producer: 8. Theory of the firm 1: the single-input model; 9. Theory of the firm 2: the long run, multiple-input model; 10. Theory of the firm 3: the short run, multiple-input model; Part III. Partial Equilibrium: Market Structure: 11. Perfectly competitive markets; 12. Monopoly and monopolistic competition; 13. Duopoly; 14. Game theory; Part IV. General Equilibrium: 15. An exchange economy; 16. A production economy; Part V. Market Failure: 17. Externalities; 18. Public goods; 19. Uncertainty and expected utility; 20. Uncertainty and asymmetric information.
1. Introduction Part I. Theory of the Consumer: 2. Preferences and utility 3. The budget constraint and the consumer's optimal choice 4. Demand functions 5. Supply functions for labor and savings 6. Welfare economics 1: the one-person case 7. Welfare economics 2: the many-person case Part II. Theory of the Producer: 8. Theory of the firm 1: the single-input model 9. Theory of the firm 2: the long run, multiple-input model 10. Theory of the firm 3: the short run, multiple-input model Part III. Partial Equilibrium: Market Structure: 11. Perfectly competitive markets 12. Monopoly and monopolistic competition 13. Duopoly 14. Game theory Part IV. General Equilibrium: 15. An exchange economy 16. A production economy Part V. Market Failure: 17. Externalities 18. Public goods 19. Uncertainty and expected utility 20. Uncertainty and asymmetric information.
Rezensionen
'There are many textbooks covering intermediate microeconomics, but this one is distinctive for how clearly yet concisely it conveys the material. I highly recommend it.' Eric Maskin, Nobel Laureate in Economics, Harvard University, Massachusetts
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