Microeconomics

Beschreibung

Microeconomics: Equilibrium and Efficiency is an innovative textbook that introduces microeconomic theory in an applied way, making use of real-world empirical examples.

Key benefits:

· Concise and intuitive: students will not only become familiar with the building blocks of the subject, but also gain a broad understanding of microeconomic theory and models.

· Empirical, real-world examples: all economic concepts are developed in a measurable way. Performance measures are derived and applied to firms, industries, and national economies.

· Systemic approach: the economy is considered as a system, looking at how its different parts interact, how prices are formed and how markets are interconnected.

· Unique innovations: for example, general equilibrium theory is introduced making use of Negishi's method – that is, equilibrium analysis follows the techniques used in empirical models.

· Coverage of modern topics such as environmental economics, information and optimal search, and the theory of inequality measurement.

· End-of-chapter summaries and exercises, with answers in the appendix.

Thijs ten Raa's unique approach bridges the gap between microeconomic theory and applied economics, helping students understand applied models that are used widely in industry, economic planning, trade, and environmental studies. Written in a lucid, clear and direct style, it is an ideal textbook for advanced undergraduate and graduate students.


Microeconomics: Equilibrium and Efficiency teaches how to apply microeconomic theory in an innovative, intuitive and concise way. Using real-world, empirical examples, this book not only covers the building blocks of the subject, but helps gain a broad understanding of microeconomic theory and models.
Unlike most Intermediate Microeconomics books, ten Raa uses realworld, empirical examples to introduce the subject matter – this book teaches how to apply microeconomic theory
There are unique innovations throughout the book – for example, making use of constant elasticity of substitution functions and applying Negishi's method to present general equilibrium theory
Concise and intuitive – students will not just learn the building blocks of micro, but gain a broad understanding of microeconomic theory and models
Author is a well-respected academic, has international research and teaching experience and is the recipient of the Wassily Leontief Centennial Medal

Autor*in

Thijs ten Raa

Themen in »Microeconomics«

Applied Microeconomics Constant Elasticity of Substitution Intermediate Microeconomics Negishi's method Thijs ten Raa Microeconomics Applied Microeconomics Constant Elasticity of Substitution economic theory game theory general equilibrium theory Intermediate Microeconomics Microeconomic Theory microeconomics Negishi's method

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