Intermediate microeconomics

Bibliographic Information

Intermediate microeconomics

[John D. Hey]

McGraw-Hill, c2003

Available at  / 2 libraries

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Note

Includes index

Description and Table of Contents

Description

The text aims to provide a rigorous introduction to models and concepts, keeping the use of calculus simple and clear, and offering numerous graphs and diagrams to help bring the text to life. Focusing on the key issues, the book explains why economic activity exists; what are the best ways to carry out economic activity; how certain factors may affect the efficiency of economic activity; what might be done to improve its efficiency; how one can predict the effect of changes of various kinds; and why might government intervention into economic activity be beneficial. The author's extensive teaching experience is imparted in a lively and accessible style, which helps students to understand ideas, manipulate models and apply economics to the real world.

Table of Contents

Chapter 1: Introduction Part 1: Economies without Production Chapter 2: Gains from exchange Chapter 3: Discrete Goods: Reservation Prices, Demand and Supply and Surpluses Chapter 4: Continuous Goods: Demand and Supply, and Surpluses Chapter 5: Preferences Chapter 6: Demand and Supply with Income in the Form of Endowments Chapter 7: Demand with Income in the Form of Money Chapter 8: Exchange Chapter 9: Welfare Part 2: Economies with Production Chapter 10: Firms and Technology Chapter 11: Cost Minimization and the Demand for Factors Chapter 12: Cost Curves Chapter 13: Firm Supply and Producer Surplus Chapter 14: Production Possibility Frontiers Chapter 15: Production and Exchange Interlude Chapter 16: Empirical Evidence on Demand, Supply and Surpluses Part 3: Applications and Implications of the Basic Tools Chapter 17: Aggregation Chapter 18: Revealed Preference and Revealed Profitability Chapter 19: Compensating and Equivalent Variations Chapter 20: Inter-temporal Choice Chapter 21: The Discounted Utility Model Chapter 22: Exchange in Capital Markets Chapter 23: Choice under Risk Chapter 24: The Expected Utility Model Chapter 25: Exchange in Insurance Markets Chapter 26: The Labour Market Part 4: Market Inefficiencies of Various Types Chapter 27: Taxation Chapter 28: Monopoly and Monopsony Chapter 29: Natural Monopoly and Discrimination Chapter 30: Game Theory Chapter 31: Duopoly Chapter 32: Externalities Chapter 33: Public Goods Chapter 34: Asymmetric Information Examination Questions Index

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Details

  • NCID
    BA75238653
  • ISBN
    • 0077103645
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    London
  • Pages/Volumes
    xxv, 450 p.
  • Size
    26 cm
  • Classification
  • Subject Headings
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