Principles of microeconomics : an integrative approach / Martin Kolmar.
2022
HB172 .K73 2022
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Details
Title
Principles of microeconomics : an integrative approach / Martin Kolmar.
Edition
Second edition.
ISBN
9783030781675 (electronic bk.)
3030781674 (electronic bk.)
9783030781668
3030781666
3030781674 (electronic bk.)
9783030781668
3030781666
Published
Cham : Springer, [2022]
Copyright
©2022
Language
English
Description
1 online resource : illustrations
Other Standard Identifiers
10.1007/978-3-030-78167-5 doi
Call Number
HB172 .K73 2022
Dewey Decimal Classification
338.5
Summary
This textbook provides a comprehensive and unique introduction to modern microeconomics. It adopts an integrative approach, positioning the main findings of economics in a broader context. It critically reflects on theories from a philosophical standpoint and compares them to approaches found in the social sciences, while at the same time highlighting the implications for the design of legal systems and business practices. Intended for undergraduate students, the book presents brief examples and comprehensive case studies to help them grasp the real-world implications of the theories. As such, it is suitable for an applied, yet technically precise approach to teaching microeconomics, as well as for a critical review of the economic mainstream. Starting from the question as to why and how societies organize economic activity, it analyzes the potential and limitations of various types of market with regard to alleviating scarcity and achieving distributive objectives, from an institutional perspective. This second edition systematically expands on decision theory by including chapters on traditional decision theory under risk and uncertainty, and on behavioral economics, as well as a chapter presenting findings from the neurosciences, evolutionary psychology, and narrative psychology. Furthermore, there are theoretical additions, along with updated case studies and examples--from trade wars to pandemics and the climate crisis. A new edition of the companion workbook features a wealth of exercises, ranging from basic multiple-choice questions to challenging mathematical problems and case studies, is also available.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Digital File Characteristics
text file
PDF
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed December 2, 2021).
Series
Classroom companion. Economics. 2662-2890
Available in Other Form
Principles of microeconomics.
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Online Access
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Table of Contents
Introduction: First Principles
Gains from Trade
A Primer in Markets and Institutions: Introduction
Supply and Demand Under Perfect Competition
Normative Economics
Externalities and the Limits of Markets
Foundations of Demand and Supply: Decisions and Consumer Behavior
Costs
Firm Behavior and Industrial Organization: A Second Look at Firm Behavior Under Perfect Competition
Firm Behavior in Monopolistic Markets
Principles of Game Theory
Firm Behavior in Oligopolistic Markets
Appendix: A Case Study
Mathematical Appendix.
Gains from Trade
A Primer in Markets and Institutions: Introduction
Supply and Demand Under Perfect Competition
Normative Economics
Externalities and the Limits of Markets
Foundations of Demand and Supply: Decisions and Consumer Behavior
Costs
Firm Behavior and Industrial Organization: A Second Look at Firm Behavior Under Perfect Competition
Firm Behavior in Monopolistic Markets
Principles of Game Theory
Firm Behavior in Oligopolistic Markets
Appendix: A Case Study
Mathematical Appendix.