Microeconomics category: 693 books

Essays in Economic Theory, first published in 1983, combines two essays on game theory and its applications in economics. The first, "Learning Behavior and the Noncooperative Equilibrium", considers whether an adaptive justification, like those commonly available for the optimization models frequently...

Qualitative methods are increasingly used within health economics research, but there is almost no specific material to guide the use of these methods in this context; there is very little that links them to the specific questions that (health) economists ask or that provides guidance on analyzing...

Modem geometric methods combine the intuitiveness of spatial visualization with the rigor of analytical derivation. Classical analysis is shown to provide a foundation for the study of geometry while geometrical ideas lead to analytical concepts of intrinsic beauty. Arching over many subdisciplines...

Whilst it is impossible to argue that the earth is flat without fearing ridicule, fallacies in economics are widespread. Such fallacies pervade the intellectual sphere and even influence policy. Professor Geoffrey Wood of the University of Buckingham exposes such popular economic fallacies in this...

This book is concerned with the sweeping changes that took place in public assistance programs at the end of the 20th century and the way in which the original and reformed versions of these programs relate to the well-being of children and their families. It is a valuable reference for practitioners...

"Suppose that Demand and Supply curves for coffee bean is given by QD=10-P Qs=P Where Q denotes the tons of coffee bean and P denotes the prioce per ton. "

"(a) Write down an expression for his budget constraint. (b) Pawel's preferences are captured by the utility function u(q,Q) =\nq + n\nQ Where is a preference parameter? Find his uncompensated demand for British and Polish food. (c) Would his demand for Polish food rise or fall if « were...

"a. For the product shown, assume that the minimum point of each firm’s average variable cost curve is at $2. Construct a demand and supply diagram for the product and indicate the equilibrium price and quantity. b. On the graph, label the area of consumer surplus as f.  Label the area...

In the wake of the publication of Forrester's World Dynamics and Meadow's The Limits to Growth-books which in The Netherlands may have received ex­ cessive attention from the public at large-the Netherlands Organization for Applied Scientific Research (TNO) established a commission under the chair­...

Personal Finance for the Real World teaches the basics of personal finance by involving the reader in various financial exercises and eventually constructing a personal financial plan. Users not only track their spending for a month, but also set personal financial goals and incorporate them into...

In this book the reader is provided with an overview of the most interesting ideas in Competitive General Equilibrium Theory as well as Welfare Economy. In doing so, the author adopts a methodological approach of a closed and inter-related system where all variables are simultaneously determined....

This advanced textbook provides a straightforward but comprehensive introduction to applied general equilibrium modeling. General equilibrium is the backbone of modern economic analysis, which is why generation after generation of economics students have been introduced to it. As an analytical tool,...

" Write out exact expressions (in terms of Q, K, and L) for the OLS ‘normal equation’ (4 equations in 4 unknowns) for a data set with 50 observations. Returns to scale (RTS) in a 3-factor Cobb-Douglas production function are given by γ_1+γ_2+γ_3. If OLS is unbiased, will the sum of the...