Microeconomics : theory, applications
著者
書誌事項
Microeconomics : theory, applications
W.W. Norton, c1997
9th ed
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
This is a revised edition of this work which exposes students to welfare economics, focusing on the maximization of total surplus. This book covers public policy applications, including rent control in New York City, price ceilings for gasoline, agricultural price supports, tariffs and quotas, and excise taxes. A new chapter offers a look at asymmetric information, introducing students to topics such as adverse selection, market signalling, moral hazard, principal-agent problems and efficiency wages. In common with previous editions, this edition concentrates on real-world applications of theoretical problems. A blend of empirical examples is used to enhance the main presentation of theory, and each chapter features boxed applications which pose economic problems, and presents their solutions. Each of the book's five main parts concludes with a cross-chapter case, and this edition features a new case on the Federal Communication Commission's recent auction of spectrum rights. The author explores this case as it relates to issues of competition and strategic behaviour. An ancillary package supporting the text is available free-of-charge when the book is purchased.
目次
- Part 1 Introduction: microeconomics
- demand and supply. Part 2 Consumer behaviour and market demand: tastes and preferences of the consumer
- consumer behaviour and individual demand
- market demand
- choices involving risk
- cross-chapter case - the demand for airline travel - the North Atlantic market. Part 3 The firm - its technology and costs: the firm and its technology
- optimal input combinations and cost functions
- cross-chapter case - how the Japanese have revolutionized manufacturing techniques. Part 4 Market structure, price and output: perfect competition
- effects of government intervention - applying the competitive model
- monopoly
- monopolistic competition and oligopoly
- game theory and strategic behaviour
- cross-chapter case - the FCC and the "biggest auction in the known universe". Part 5 Markets for inputs: price and employment of inputs
- investment decisions
- cross-chapter case - sex discrimination and comparable worth. Part 6 Information, efficiency and government: general equilibrium analysis and resource allocation
- promotion of economic efficiency
- asymmetric information
- public goods, externalities, and the role of government
- cross-chapter case - who gained or lost how much from steel import quotas?
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