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Microeconomics
Institutions, Equilibrium and Optimality
- 1st Edition, Volume 30 - July 15, 2014
- Authors: M.C. Blad, H. Keiding
- Language: English
- Paperback ISBN:9 7 8 - 1 - 4 9 3 3 - 0 4 9 5 - 0
- eBook ISBN:9 7 8 - 1 - 4 8 3 2 - 9 7 6 4 - 4
The first part of this book contains the material for a course in standard microeconomics and general equilibrium. These chapters contain the necessary background on commodities,… Read more
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Request a sales quoteThe first part of this book contains the material for a course in standard microeconomics and general equilibrium. These chapters contain the necessary background on commodities, consumers, producers, as well as the classical results about the existence of general (Walras) equilibria and the fundamentals of welfare theory. The second part of the book may be seen as a continuation dealing with more advanced topics.This textbook shows how the general equilibrium theory can be put into use to provide new insights into various fields of economic science. The reader does not need previous particular mathematical training; the formal approach is introduced in a piecemeal fashion, so that no difficult mathematics occurs in the beginning.
Fundamental concepts. The consumer. The producer. Optimality and decentralization. Walras equilibrium. Fixed price equilibria. Imperfect competition. Externalities and public goods. Implementation. Large economies. Time and Allocation. Uncertainty and information. Remarks. Appendix. References. Index.
- No. of pages: 433
- Language: English
- Edition: 1
- Volume: 30
- Published: July 15, 2014
- Imprint: North Holland
- Paperback ISBN: 9781493304950
- eBook ISBN: 9781483297644
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M.C. Blad
Affiliations and expertise
The University of Sydney, AustraliaHK
H. Keiding
Affiliations and expertise
University of Copenhagen, DenmarkRead Microeconomics on ScienceDirect