Microeconomics: A Simple Introduction Microeconomics: A Simple Introduction
Simple Introductions

Microeconomics: A Simple Introduction

    • $6.99
    • $6.99

Publisher Description

Microeconomics: A Simple Introduction offers an accessible guide to the central principles and ideas of microeconomics, with over 50 diagrams included to illustrate the analysis.

Understand opportunity cost, diminishing returns, demand and supply, the market equilibrium, market failure, adverse selection and moral hazard. Learn how to calculate price and income elasticities.

Consumer theory explores budget constraints, indifference curves, marginal rate of substitution, utility maximization, Hicks and Slutsky income and substitution effects, and Samuelson’s revealed preference theory.

Firm theory examines production factors, Cobb-Douglas and other production functions, returns to scale, isoquant curves, isocost lines, cost minimization, profit maximization, Lerner index, and differentiation to derive a marginal revenue curve.

Perfect competition, monopolistic competition, oligopoly, and monopoly are explained. Monopoly welfare effects are shown, with oligopoly models of kinked demand, cartels, dominant price leadership, Cournot and Bertrand.

Game theory investigates duopoly and battle of the sexes games, assessing them with dominance and credible threats.

GENRE
Business & Personal Finance
RELEASED
2014
January 13
LANGUAGE
EN
English
LENGTH
71
Pages
PUBLISHER
K.H. Erickson
SELLER
Draft2Digital, LLC
SIZE
1.1
MB

More Books Like This

Essentials of Microeconomics Essentials of Microeconomics
2015
Microeconomics For Dummies Microeconomics For Dummies
2016
A Primer On Microeconomics A Primer On Microeconomics
2013
Introduction to Industrial Organization Introduction to Industrial Organization
2000
BESt™ Macroeconomics Video Learning Program - Volume 1 BESt™ Macroeconomics Video Learning Program - Volume 1
2020
How Strong Is Your Firm’s Competitive Advantage? How Strong Is Your Firm’s Competitive Advantage?
2012

More Books by K.H. Erickson

Game Theory: A Simple Introduction Game Theory: A Simple Introduction
2013
Econometrics: A Simple Introduction Econometrics: A Simple Introduction
2014
Game Theory for Business: A Simple Introduction Game Theory for Business: A Simple Introduction
2013
Financial Economics: A Simple Introduction Financial Economics: A Simple Introduction
2013
Choice Theory: A Simple Introduction Choice Theory: A Simple Introduction
2013
Accounting and Finance Formulas: A Simple Introduction Accounting and Finance Formulas: A Simple Introduction
2014

Other Books in This Series

Game Theory: A Simple Introduction Game Theory: A Simple Introduction
2013
Econometrics: A Simple Introduction Econometrics: A Simple Introduction
2014
Game Theory for Business: A Simple Introduction Game Theory for Business: A Simple Introduction
2013
Financial Economics: A Simple Introduction Financial Economics: A Simple Introduction
2013
Choice Theory: A Simple Introduction Choice Theory: A Simple Introduction
2013
Accounting and Finance Formulas: A Simple Introduction Accounting and Finance Formulas: A Simple Introduction
2014