Intermediate microeconomic theory: tools and step-by-step examples

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"An intermediate microeconomics textbook geared for students in need of a more hands-on, less rigorous treatment of the material"--

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Title Statements

Full title :Intermediate microeconomic theory : tools and step-by-step examples / Ana Espinola-Arredondo and Felix Muñoz-Garcia.

Summary

"An intermediate microeconomics textbook geared for students in need of a more hands-on, less rigorous treatment of the material"--

Edition Statements

Publication Date:2020

Publication Statements

Publisher(s):The MIT Press
Place of Publication:Cambridge, Massachusetts
Language:eng
Publication Date:2020

The Physical Object

Description:xxiii, 478 pages : : illustrations ; : 24 cm

Edition Identifiers

ISBN:9780262044233, 0262044234
oclc:on1128888209
LC Classification:HB172
Dewey Decimal:338.5

Machine generated contents note: 1.Introduction -- 1.1.What Is Microeconomics? -- 1.2.Comparative Statics -- 1.3.Overview of the Book -- 1.3.1.Consumer Theory -- 1.3.2.Production Theory -- 1.3.3.Markets -- Putting Consumers and Producers Together -- 1.3.4.Strategy -- Let's Play Games! -- 1.3.5.Putting Game Theory to Work -- 1.3.6.More Market Failures -- When Markets Work Well and When They Don't -- 2.Consumer Preferences and Utility -- 2.1.Introduction -- 2.2.Bundles -- 2.3.Preferences for Bundles -- 2.3.1.Ranking Bundles with More Units -- 2.3.2.Satiation and Bliss Points -- 2.4.Utility Functions -- 2.5.Marginal Utility -- 2.5.1.Diminishing Marginal Utility -- 2.6.Indifference Curves -- 2.6.1.Properties of Indifference Curves -- 2.7.Marginal Rate of Substitution -- 2.7.1.Diminishing MRS -- 2.8.Special Types of Utility Functions -- 2.8.1.Perfect Substitutes -- 2.8.2.Perfect Complements -- 2.8.3.Cobb-Douglas -- 2.8.4.Quasilinear -- 2.8.5.Stone-Geary -- 2.9.A Look at Behavioral Economics -- Social Preferences -- 2.9.1.Fehr-Schmidt Social Preferences -- 2.9.2.Bolton and Ockenfels Social Preferences -- Appendix. Finding the Marginal Rate of Substitution -- Exercises -- 3.Consumer Choi…