Lectures On Microeconomics

Author : Romans Pancs
Publisher : MIT Press
Page : 339 pages
File Size : 45,7 Mb
Release : 2018-08-21
Category : Business & Economics
ISBN : 9780262038188

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Lectures on Microeconomics by Romans Pancs Pdf

Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The arguments are in the theorem-proof format, distinguishing results derived in the context of fully specified models from educated speculation. Readers will learn how to pose a question rigorously and how to work toward an answer, and to appreciate that even (especially!) the broadest and most ambitious questions call for a model. The goal of the book is not to indoctrinate but to show readers how to reason toward their own conclusions. The first chapter, on the Walrasian model of general equilibrium, serves as the prerequisite for the rest of the book. The remaining chapters cover less conventional topics, including the morality of markets; matching theory; Marxism, socialism, and the resilience of markets; a formalization of Kant's categorical imperative; unintended consequences of policy design; and theories of justice. The book can be used as a textbook for advanced undergraduate or graduate students or as a resource for researchers in disciplines that draw on normative economics.

Author : Ariel Rubinstein
Publisher : Princeton University Press
Page : 167 pages
File Size : 46,9 Mb
Release : 2012-03-04
Category : Business & Economics
ISBN : 9780691154138

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Lecture Notes in Microeconomic Theory by Ariel Rubinstein Pdf

Ariel Rubinstein's well-known lecture notes on microeconomics—now fully revised and expanded This book presents Ariel Rubinstein's lecture notes for the first part of his well-known graduate course in microeconomics. Developed during the fifteen years that Rubinstein taught the course at Tel Aviv University, Princeton University, and New York University, these notes provide a critical assessment of models of rational economic agents, and are an invaluable supplement to any primary textbook in microeconomic theory. In this fully revised and expanded second edition, Rubinstein retains the striking originality and deep simplicity that characterize his famously engaging style of teaching. He presents these lecture notes with a precision that gets to the core of the material, and he places special emphasis on the interpretation of key concepts. Rubinstein brings this concise book thoroughly up to date, covering topics like modern choice theory and including dozens of original new problems. Written by one of the world's most respected and provocative economic theorists, this second edition of Lecture Notes in Microeconomic Theory is essential reading for students, teachers, and research economists. Fully revised, expanded, and updated Retains the engaging style and method of Rubinstein's well-known lectures Covers topics like modern choice theory Features numerous original new problems—including 21 new review problems Solutions manual (available only to teachers) can be found at: http://gametheory.tau.ac.il/microTheory/.

Author : Edmond Malinvaud
Publisher : Elsevier Science & Technology
Page : 336 pages
File Size : 46,8 Mb
Release : 1972
Category : Microeconomics
ISBN : UCSC:32106000821055

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Lectures on Microeconomic Theory by Edmond Malinvaud Pdf

The structure of the micro-economic theory and its motivation.

Author : William David Anthony Bryant
Publisher : World Scientific
Page : 779 pages
File Size : 48,9 Mb
Release : 2023-02-17
Category : Business & Economics
ISBN : 9789811254727

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Lectures In The Microeconomics Of Choice: Foundations, Consumers, And Producers by William David Anthony Bryant Pdf

People pursue their own interests, whatever those interests might be. Some people have interests that are narrow and selfish, while others have interests that are broad and altruistic. The idea that people are self-interested underpins all of economic analysis and raises two fundamental questions: 1. How do people choose the actions they think will further their own interests? 2. Can the potentially conflicting interests of different people be made to 'mesh' in some sort of socio-economic equilibrium? This book is devoted to a detailed study of the first question. Its Companion Volume (Economy-Wide Microeconomics: Equilibrium, Optimality, Applications and Tests) makes a detailed study of the second question.Following some foundational remarks, this book studies the Arrow-Debreu theory of consumer choice. That theory supposes people choose so as to maximize a complete, continuous, transitive, and reflexive binary preference relation over a non-empty and compact choice set. The book then studies numerous refinements, generalizations and extensions of each of these restrictions — up to and including recent work on Behavioral theories of choice and choice behaviour when preferences are intransitive/incomplete/discontinuous. Also considered is choice behaviour in environments that are not necessarily compact. A study is also made of intertemporal choice and choice under uncertainty. The study of Arrow-Debreu choice theory and its extensions are presented from the Primal, Dual, and Revealed Preference points of view.Consumers are not the only agents in the economy, as Producers are present as well. Beginning with a study of the Arrow-Debreu idea that producers choose from a convex production set so as to maximize profit, the book considers extensions and generalizations of this framework, particularly to non-convex environments. The study is presented from the Primal and Dual points of view.The final chapter in the book provides a link to its Companion Volume. The Chapter indicates how the theories of consumer and producer choice studied here help inform answers of the second question posed above.Resources are available to instructors who adopt this book. More details at www.worldscientific.com/worldscibooks/10.1142/12789-sm

Author : E. Malinvaud
Publisher : Unknown
Page : 385 pages
File Size : 45,7 Mb
Release : 1990
Category : Microeconomics
ISBN : OCLC:793527870

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Lectures on Microeconomic Theory by E. Malinvaud Pdf

Author : Peter E. Earl
Publisher : Edward Elgar Publishing
Page : 456 pages
File Size : 51,5 Mb
Release : 1995
Category : Business & Economics
ISBN : UOM:39015037499368

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Microeconomics for Business and Marketing by Peter E. Earl Pdf

This text, which is designed for intermediate-level students of microeconomics, offers a series of alternative approaches to economic analysis. It emphasizes practical problem-solving, making it relevant to students of business and commerce. As well as neoclassical microeconomics, it seeks to promote an awareness of different approaches, including the application of behavioural-institutionalist economics to real world problems. Rather than emphasizing technical set pieces, this book offers students a range of approaches such as behavioural theories of consumer choice and institutionalist analysis of the economics.

Author : Herbert A. Simon
Publisher : Cambridge University Press
Page : 0 pages
File Size : 49,7 Mb
Release : 2009-08-20
Category : Business & Economics
ISBN : 0521118360

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An Empirically-Based Microeconomics by Herbert A. Simon Pdf

In his Mattioli Lectures, Nobel Laureate Professor Herbert A. Simon directs attention to the kinds of empirical research that are necessary for progress in microeconomics. He traces the development of neoclassical economic theory and its gradual retreat from empiricism to abstraction. He then discusses the importance of business firms to the economic system, and the need for a thoroughly empirical understanding of how organisations work and reach their decisions. Finally, he examines innovative approaches to empirical research, including experimental economics, observational methods for studying economic behaviour, and the kinds of simulation models that are needed to interpret decision process. A round-table discussion of these issues follows; the participants, in addition to Professor Simon, are Professors Claudio Dematte, Massimo Egidi, Richard M. Goodwin, Robert Marris, Aldo Montesano and Riccardo Viale.

Author : Bharat R. Hazari,Cheuk-Yin Ho
Publisher : Unknown
Page : 0 pages
File Size : 46,7 Mb
Release : 2009
Category : Microeconomics
ISBN : 1606922939

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Lectures on Core Microeconomics by Bharat R. Hazari,Cheuk-Yin Ho Pdf

These notes are based on the microeconomics lectures delivered in the Master of Science in Applied Economics (MSAE) programme at the City University of Hong Kong. They have been delivered in the fall Semesters of 2005- 2007. The lectures are delivered over a period of thirteen weeks (three hours per week). One should always remember the time constraint involved in delivering lectures. Everything can not be covered; therefore one has to be selective in what is taught. This is the reason for calling these lectures core microeconomics. The topics selected and taught reflect our perceptions and value judgement about core topics in microeconomics. Also the students in this class at the City University of Hong Kong come from a very heterogeneous background which varies a lot; medicine, law, mathematics, engineering, physics, biology, and of course economics. The course is designed to teach all these heterogeneous students important topics in microeconomics in a span of thirteen weeks. This is a tough task and many of these students are very ambitious and desirous of doing graduate studies in Europe, Canada, and the US. The feedback on this course has been extremely good from students who are pursuing graduate studies in Britain and the US. These are lecture notes that vary in level at which different topics are taught and also the depth at which these topics are covered. They should not be taken as a substitute for a textbook but as an aid for reading other textbooks.

Author : Frederick van Der Ploeg
Publisher : Academic Press
Page : 648 pages
File Size : 40,6 Mb
Release : 2014-05-01
Category : Business & Economics
ISBN : 9781483270364

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Advanced Lectures in Quantitative Economics by Frederick van Der Ploeg Pdf

Advanced Lectures in Quantitative Economics summarizes some of the efforts of a second-phase program for first-rate candidates with a Master's degree in economics who wish to continue with a doctoral degree in quantitative economics. This book is organized into three main topics—macroeconomics, microeconomics, and econometrics. This text specifically discusses the Neo-Keynesian macroeconomics in an open economy, international coordination of monetary policies under alternative exchange-rate regimes, and prospects for global trade imbalances. The post-war developments in labor economics, introduction to overlapping generation models, and measurement of expectations and direct tests of the REH are also elaborated. This monograph likewise covers the dynamic econometric modeling of decisions under uncertainty and fundamental bordered matrix of linear estimation. This publication is a good reference for students and specialists interested in quantitative economics.

Author : Romans Pancs
Publisher : MIT Press
Page : 339 pages
File Size : 45,9 Mb
Release : 2018-08-21
Category : Business & Economics
ISBN : 9780262347341

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Lectures on Microeconomics by Romans Pancs Pdf

Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The arguments are in the theorem-proof format, distinguishing results derived in the context of fully specified models from educated speculation. Readers will learn how to pose a question rigorously and how to work toward an answer, and to appreciate that even (especially!) the broadest and most ambitious questions call for a model. The goal of the book is not to indoctrinate but to show readers how to reason toward their own conclusions. The first chapter, on the Walrasian model of general equilibrium, serves as the prerequisite for the rest of the book. The remaining chapters cover less conventional topics, including the morality of markets; matching theory; Marxism, socialism, and the resilience of markets; a formalization of Kant's categorical imperative; unintended consequences of policy design; and theories of justice. The book can be used as a textbook for advanced undergraduate or graduate students or as a resource for researchers in disciplines that draw on normative economics.

Author : Ariel Rubinstein
Publisher : Unknown
Page : 152 pages
File Size : 44,5 Mb
Release : 2012
Category : Economics
ISBN : 0691154120

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Lecture Notes in Microeconomic Theory by Ariel Rubinstein Pdf

Author : Douglas A. Irwin
Publisher : Routledge
Page : 166 pages
File Size : 42,6 Mb
Release : 2017-07-05
Category : Business & Economics
ISBN : 9781351511278

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Jacob Viner by Douglas A. Irwin Pdf

This book presents, for the first time, a detailed transcription of Jacob Viner's Economics 301 class as taught in 1930. These lecture notes provide insight into the legacy of Jacob Viner, whose seminal contributions to fields such as international economics and the history of economics are well known, but whose impact in sparking the revival of Marshallian microeconomics in the United States via his classroom teaching has been less appreciated.Generations of graduate students at the University of Chicago have taken Economics 301. The course has been taught by such luminaries as Milton Friedman and Gary Becker, and remains an introduction to the analytical tools of microeconomics and the distinctive Chicago way of thinking about the market system. This demanding and rigorous course first became famous in the 1930s when it was taught by Jacob Viner.When read in tandem with the Transaction editions of Milton Friedman's Price Theory, Frank Knight's The Economic Organization, and Gary Becker's Economic Theory, Viner's lectures provide the reader with important insights into the formative period of Chicago price theory. These recently discovered notes from Viner's class will be important for historians of economic thought and anyone interested in the origins of the Chicago School of Economics.

Author : Felix Munoz-Garcia
Publisher : MIT Press
Page : 892 pages
File Size : 40,9 Mb
Release : 2017-08-11
Category : Business & Economics
ISBN : 9780262342094

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Advanced Microeconomic Theory by Felix Munoz-Garcia Pdf

An introduction to advanced topics in microeconomics that emphasizes the intuition behind assumptions and results, providing examples that show how to apply theory to practice. This textbook offers an introduction to advanced microeconomic theory that emphasizes the intuition behind mathematical assumptions, providing step-by-step examples that show how to apply theoretical models. It covers standard topics such as preference relations, demand theory and applications, producer theory, choice under uncertainty, partial and general equilibrium, monopoly, game theory and imperfect competition, externalities and public goods, and contract theory; but its intuitive and application-oriented approach provides students with a bridge to more technical topics. The book can be used by advanced undergraduates as well as Masters students in economics, finance, and public policy, and by PhD students in programs with an applied focus. The text connects each topic with recent findings in behavioral and experimental economics, and discusses these results in context, within the appropriate chapter. Step-by-step examples appear immediately after the main theoretical findings, and end-of chapter exercises help students understand how to approach similar exercises on their own. An appendix reviews basic mathematical concepts. A separate workbook, Practice Exercises for Advanced Microeconomic Theory, offers solutions to selected problems with detailed explanations. The textbook and workbook together help students improve both their theoretical and practical preparation in advanced microeconomics.

Author : Peter E. Earl
Publisher : Edward Elgar Publishing
Page : 456 pages
File Size : 49,5 Mb
Release : 1995
Category : Consumer behavior
ISBN : UGA:32108029589713

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Microeconomics for Business and Marketing by Peter E. Earl Pdf

This text, which is designed for intermediate-level students of microeconomics, offers a series of alternative approaches to economic analysis. It emphasizes practical problem-solving, making it relevant to students of business and commerce. As well as neoclassical microeconomics, it seeks to promote an awareness of different approaches, including the application of behavioural-institutionalist economics to real world problems. Rather than emphasizing technical set pieces, this book offers students a range of approaches such as behavioural theories of consumer choice and institutionalist analysis of the economics.

Author : David M. Kreps
Publisher : Princeton University Press
Page : 864 pages
File Size : 51,9 Mb
Release : 2020-06-23
Category : Business & Economics
ISBN : 9780691215747

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A Course in Microeconomic Theory by David M. Kreps Pdf

David M. Kreps has developed a text in microeconomics that is both challenging and "user-friendly." The work is designed for the first-year graduate microeconomic theory course and is accessible to advanced undergraduates as well. Placing unusual emphasis on modern noncooperative game theory, it provides the student and instructor with a unified treatment of modern microeconomic theory--one that stresses the behavior of the individual actor (consumer or firm) in various institutional settings. The author has taken special pains to explore the fundamental assumptions of the theories and techniques studied, pointing out both strengths and weaknesses. The book begins with an exposition of the standard models of choice and the market, with extra attention paid to choice under uncertainty and dynamic choice. General and partial equilibrium approaches are blended, so that the student sees these approaches as points along a continuum. The work then turns to more modern developments. Readers are introduced to noncooperative game theory and shown how to model games and determine solution concepts. Models with incomplete information, the folk theorem and reputation, and bilateral bargaining are covered in depth. Information economics is explored next. A closing discussion concerns firms as organizations and gives readers a taste of transaction-cost economics.