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Prices and Quantities
- Fundamentals of Microeconomics
Engelsk
Bogcover for Prices and Quantities af Rakesh V. Vohra, 9781108488938
Specifikationer
Sprog:
Engelsk
Sider:
220
ISBN-13:
9781108488938
Indbinding:
Hardback
ISBN-10:
1108488935
Kategori:
Udg. Dato:
20 feb 2020
Størrelse i cm:
25,0 x 17,6 x 1,9
Oplagsdato:
20 feb 2020
Forfatter(e):

Prices and Quantities

- Fundamentals of Microeconomics
Engelsk
Hardback 2020
Format:

Bog beskrivelse
Rakesh V. Vohra offers a unique approach to studying and understanding intermediate microeconomics by reversing the conventional order of treatment, starting with topics that are mathematically simpler and progressing to the more complex. The book begins with monopoly, which requires single variable rather than multivariable calculus and allows students to focus clearly on the fundamental trade-off at the heart of economics: margin versus volume. Imperfect competition and the contrast with monopoly follows, introducing the notion of Nash equilibrium. Perfect competition is addressed toward the end of the book, and framed as a model of non-strategic behavior by firms and agents. The last chapter is devoted to externalities, with an emphasis on how one might design competitive markets to price externalities and linking the difficulties to the problem of efficient provision of public goods. Real-life examples engage the reader while encouraging them to think critically about the interplay between model and reality.
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Specifikationer
Sprog:
Engelsk
Sider:
220
ISBN-13:
9781108488938
Indbinding:
Hardback
ISBN-10:
1108488935
Kategori:
Udg. Dato:
20 feb 2020
Størrelse i cm:
25,0 x 17,6 x 1,9
Oplagsdato:
20 feb 2020
Forfatter(e):
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