Price theory and applications
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Bibliographic Information
Price theory and applications
McGraw-Hill, c1995
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Includes bibliographical references and index
Description and Table of Contents
Description
A now text for the intermediate macroeconomics course, Price Theory and Applications combines fundamental core coverage with an examination of modern business topics such as pricing policies and practices, governance of the firm, and the cost of time. Extended in-depth applications with a distinctive business.orienl;ation, end-of-chapter exercise sets applying microeconomc theory to wide range of senarios, and a flexible design set this text apart. The balance of theory with innovative and in-depth applications in every chapter helps show students how microeconomic theory applies to a broad set of behaviors. Unlike most competitors, many of the applications in the text are developed from the private sector rather than the public sector, allowing for a wide range of interesting applications. End-of-chapter exercises encourage students to apply micreeconomic theory to new situations, challenging readers to become active microeconomists. Chapters 12 through 15 represent uniquely comprehensive coverage of pricing policies and practices, including topics such as price discrimination, the free-rider problem, asymmetric informtion, and pricing under uncertainty.
Pashigian offers instructors considerable flexibility in course design, by marking more difficult material with an asterick and by placing all the calculus in the text in footnotes and optional appendices.
Table of Contents
PART 1. INTRODUCTION: SUPPLY AND D Chapter 1: Pricing and the Demand and Supply Model PART II. CONSUMER BEHAVIOR Chapter 2: Consumer Behavior and Market and Chapter 3: Extending the Theory of Consumer Behavior Chapter 4: The Cost of Time and the Theory of Consumer Bahvior PART III. THE FIRM: ITS TECHNOLOGY AND COSTS Chapter 5: The Production Function and Costs of the Firm Chapter 6: The Costs Functions of the Firm PART IV. FIRM AND MARKET BEHAVIOR Chapter 7: The Supply Functions of a Competitive Firm Chapter 8: Price Determination in a Competitive Industry Chapter 9: Pricing under Monopoly Chapter 10: Pricing in oligopoly Chapter 11: The Goels of the Firm PART V. PRICING: PRACTICES AND POLICIES Chapter 12: Consumer Surplus and Price Discrimination Chapter 13: The Free Rider Problem and Pricing Chapter 14: Market Behavior and Anymetric Information Chapter 15: Pricing under Uncertainty PART VI. INTERTEMPORAL EQUILIBRIUM AND FACTOR S Chapter 16: Production and Consumption over Time Chapter 17: Factor Markets: The Determination of Wage Rayes PART VII. MARKETS AND ECONOMIC EFFICIENCY Chapter 18: Economic Efficiency and General Equilibrium Chapter 19: Impediments to Economic Efficiency.
by "Nielsen BookData"