Praise for Micro Markets
"Robert Schwartz's Micro Markets is a lucid intermediate microeconomics textbook with a good sense of humor that makes it a pleasure to read.¿ It is an excellent presentation of price theory, with numerous applications to financial markets, for students in economics and finance and for MBA students."
--Barry R. Chiswick, Distinguished Professor, Department of Economics, and Director, Center for Economic Education, University of Illinois at Chicago
"Micro Markets is a wonderful microeconomics text. Professor Schwartz's passion and talent for teaching shines through on every page."
--Dr. Benn Steil, Senior Fellow and Director of International Economics, Council on Foreign Relations
"Micro Markets is an excellent, fascinating book. With skill and penetrating insight, Professor Schwartz has united traditional microeconomic theory with the workings of real-world markets. In so doing, he has underscored the important effects that factors such as illiquidity, trading frictions, and imperfect knowledge can have on market outcomes. His book will have much appeal to a broad range of readers, including academicians, economics and finance students, and industry professionals."
--Reto Francioni, CEO, Deutsche Börse Group, Frankfurt, Germany
A timely guide that bridges the gap between microeconomic theory and practice through real-world application in the marketplace
Understanding how microeconomics affects the marketplace is essential for any investment professional, however most books simply address microeconomics in its pure theory-based form. Micro Markets helps bridge the gap between theory and practice by defining microeconomics in terms of real-world, market applications.
This timely guide elucidates basic microeconomic concepts with an emphasis on applicability. It establishes a common application for all of the basic economic concepts that are reviewed, and provides in-depth insights into an industry that is of major economic importance in aggregate, and to most individuals.
* Utilizes equity market realities to underscore the relevance of economic theory
* Each chapter includes informative practice problems and power points
* A companion Workbook, with practice problems and solutions, is also available
By taking microeconomic theory and making it applicable to today's marketplace, Micro Markets builds a much-needed bridge between theory and practice.
Robert A. Schwartz
Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere