Microeconomic theory

Microeconomic theory: concepts and connections

by Wetzstein, Michael Eugene

Type Book
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This book introduces the main concepts of microeconomics to students who have undergone at least one elementary calculus course. It fully integrates graphical and mathematical concepts and offers analytical examples demonstrating numerical solutions. The book has a strong theoretical basis but shows how microeconomics can be brought to bear on the real world. New Features for this edition include: An incorporation of the theory of stock externalities associated with greenhouse gases ; Developme…

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Title Statements

  • Full title :Microeconomic theory : concepts and connections / Michael Wetzstein.

Summary

This book introduces the main concepts of microeconomics to students who have undergone at least one elementary calculus course. It fully integrates graphical and mathematical concepts and offers analytical examples demonstrating numerical solutions. The book has a strong theoretical basis but shows how microeconomics can be brought to bear on the real world. New Features for this edition include: An incorporation of the theory of stock externalities associated with greenhouse gases ; Development of the section on insurance with particular reference to the new US healthcare program ; greater integration of game theoretic concepts throughout the book. The book's style is accessible, but also rigorous. Mathematical examples are provided throughout the book, in particular for key concepts and the result is a balanced approach in terms of prose, graphics, and mathematics.

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Edition Statements

  • Publication Date:2013.
  • Edition:2nd ed

Publication Statements

  • Publisher(s):Routledge
  • Place of Publication:Milton Park, Abingdon, Oxon
  • Language:eng
  • Publication Date:2013.

The Physical Object

  • Description:1 online resource (vi, 1098 pages : : illustrations.)

Edition Identifiers

  • ISBN:9780203098356, 0203098358
  • oclc:on1330979140
  • LC Classification:HB172
  • Dewey Decimal:338.5

Table of Contents

Consumers' sovereignty -- Markets and consumer interaction -- Producers' rules -- Competitive forces -- Monopoly power -- Strategic agent interaction -- Input markets -- Risky world and intertemporal choices -- Missing markets.

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