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Essential microeconomics / John G. Riley, University of California, Los Angeles.

By: Material type: TextDescription: xxi, 694 pages ; 27 cmISBN:
  • 9780521827478 (hardback)
Subject(s): DDC classification:
  • 338.5 23
LOC classification:
  • HB172 .R55 2012
Other classification:
  • BUS044000
Contents:
Machine generated contents note: 1. Prices and optimization; 2. Consumers; 3. Equilibrium and efficiency in an exchange economy; 4. Firms; 5. General equilibrium; 6. Dynamic optimization; 7. Uncertainty; 8. Equilibrium in financial markets; 9. Strategy; 10. Games with asymmetric information; 11. Incentive compatibility and mechanism design; 12. Auctions and public good; A. Mathematical foundations; B. Mappings of vectors; C. Optimization.
Summary: "Essential Microeconomics is designed to help students deepen their understanding of the core theory of microeconomics"--Summary: "PRICES AND OPTIMIZATION 1.1 SUPPORTING PRICES 1.2 SHADOW PRICES 1.3 THE ENVELOPE THEOREM 1.4 FOUNDATIONS OF CONSTRAINED OPTMIZATION 1.5 APPLICATION: MONOPOLY PRICING WITH JOINT COSTS 1.1 SUPPORTING PRICES Key ideas: convex and non-convex production sets, price based incentives, Supporting Hyperplane Theorem Pursuit of self-interest is central to economics. Thus a deep understanding of the theory of maximization is essential to effective theorizing. In particular, the theory of constrained maximization is so crucial that we explore it in this first chapter. In contrast to a purely mathematical exposition, the emphasis here is on prices"--
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Cover image Item type Current library Home library Collection Shelving location Call number Materials specified Vol info URL Copy number Status Notes Date due Barcode Item holds Item hold queue priority Course reserves
General Books CUTN Central Library Sciences 338.5 (Browse shelf(Opens below)) 1 Available 19289

Includes index.

Machine generated contents note: 1. Prices and optimization; 2. Consumers; 3. Equilibrium and efficiency in an exchange economy; 4. Firms; 5. General equilibrium; 6. Dynamic optimization; 7. Uncertainty; 8. Equilibrium in financial markets; 9. Strategy; 10. Games with asymmetric information; 11. Incentive compatibility and mechanism design; 12. Auctions and public good; A. Mathematical foundations; B. Mappings of vectors; C. Optimization.

"Essential Microeconomics is designed to help students deepen their understanding of the core theory of microeconomics"--

"PRICES AND OPTIMIZATION 1.1 SUPPORTING PRICES 1.2 SHADOW PRICES 1.3 THE ENVELOPE THEOREM 1.4 FOUNDATIONS OF CONSTRAINED OPTMIZATION 1.5 APPLICATION: MONOPOLY PRICING WITH JOINT COSTS 1.1 SUPPORTING PRICES Key ideas: convex and non-convex production sets, price based incentives, Supporting Hyperplane Theorem Pursuit of self-interest is central to economics. Thus a deep understanding of the theory of maximization is essential to effective theorizing. In particular, the theory of constrained maximization is so crucial that we explore it in this first chapter. In contrast to a purely mathematical exposition, the emphasis here is on prices"--

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