Microeconomics

Pearson/Addison Wesley

2009

xxii, 700, A-78 pages

Addison-Wesley series in economics

Includes bibliographical references (p. A55-A62) and index

9780321558497

1. The nature and scope of microeconomics -- 2. The theory of the consumer -- 3. Consumer theory : duality -- 4. Further models of consumer behaviour -- 5. Production -- 6. Cost -- 7. Supply and firm objectives -- 8. The theory of a competitive market -- 9. Monopoly -- 10. Input markets -- 11. Capital markets -- 12. General equilibrium -- 13. Welfare economics -- 14. Market failure and government failure -- 15. Game theory -- 16. Oligopoly -- 17. Choice under uncertainty -- 18. Production under uncertainty -- 19. Insurance, risk spreading and pooling -- 20. Agency, contract theory and the firm -- 21. General equilibrium under uncertainty and incomplete markets -- App. A. The structure of an optimization problem -- App. B. Solutions to optimization problems -- App. C. Existence of solutions -- App. D. Local and global optima -- App. E. Uniqueness of solutions -- App. F. Interior and boundary optima -- App. G. Location of the optimum : the method of Lagrange -- App. H. Concave programming and the Kuhn-Tucker conditions -- App. I. Second-order conditions and comparative statics -- App. J. The envelope theorem -- App. K. Fixed point theorems -- App. L. Bayes's rule

Using real-world examples and modern theories to analyse actual markets, this book offers a practical perspective on microeconomic theory and how it is used to resolve problems and analyse policy issues

Английский