Intermediate Microeconomic Theory: Tools and Step-by-Step Examples

Dublin Core

Title

Intermediate Microeconomic Theory: Tools and Step-by-Step Examples

Creator

Ana Espinola-Arredondo and Felix Munoz-Garcia

Description

A short, rigorous introduction to intermediate microeconomic theory that offers worked-out examples, tools for solving exercises, and algebra support. Topics covered include consumer theory; substitution and income effect; welfare gain or loss from a price change; and choice under uncertainty. Shifting to a firm theory, the book discusses production functions, cost minimization, perfectly competitive markets, and monopolies. Two chapters on game theory provide building blocks for subsequent chapters that treat imperfect markets; games of incomplete information and auctions; contract theory; and externalities, public goods, and common pool resources. The book is suitable for use in undergraduate intermediate microeconomics courses, rigorous introduction to microeconomics courses, and managerial economics at the master's level.

Subject

Intermediate Microeconomic

Publisher

The MIT Press

Date

2020

Format

PDF

Language

English

Type

Text