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Microeconomics and behavior /

By: Frank, Robert HMaterial type: TextTextSeries: Publication details: YONEWRK, USA Mc GREW HILL LLC 2021 Edition: Tenth editionDescription: xxii, 600 pages : illustrations (some color)ISBN: 9781259394034; 1259394034; 9781259919565; 1259919560; 9781260575644; 1260575640Subject(s): Microeconomics | Economic man | Self-interest | Consumer behaviorDDC classification: 338.5
Contents:
Part 1. Introduction. Thinking like an economist ; Supply and demand -- Part 2. The theory of consumer behavior. Rational consumer choice ; Individual and market demand ; Applications of rational choice and demand theories ; The economics of information and choice under uncertainty ; Departures from standard rational choice models (with and without regret) -- Part 3. The theory of firm and market structure. Production ; Costs ; Perfect competition ; Monopoly ; A game-theoretic approach to strategic behavior ; Oligopoly and monopolistic competition -- Part 4. Factor markets. Labor ; Capital -- Part 5. General equilibrium and welfare. Externalities, property rights, and the Coase theorem ; General equilibrium and market efficiency ; Government
Summary: "Would also be accessible and engaging to students. The more common approach in this market has been to emphasize one of these dimensions or the other. For example, some texts have done well by sacrificing rigor in the name of user-friendliness. But although such books sometimes keep students happy, they often fail to prepare them for upper-division courses in the major. Others texts have succeeded by sacrificing accessibility in the name of rigor, where rigor all too often means little more than mathematical density. These courses overwhelm many undergraduates, and even those few who become adept at solving well-posed mathematical optimization problems are often baffled by questions drawn from everyday contexts"--
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Books Books Faculty of Social Sciences
HB1071.2. F73 2021 (Browse shelf(Opens below)) Available 0162743

Part 1. Introduction. Thinking like an economist ; Supply and demand -- Part 2. The theory of consumer behavior. Rational consumer choice ; Individual and market demand ; Applications of rational choice and demand theories ; The economics of information and choice under uncertainty ; Departures from standard rational choice models (with and without regret) -- Part 3. The theory of firm and market structure. Production ; Costs ; Perfect competition ; Monopoly ; A game-theoretic approach to strategic behavior ; Oligopoly and monopolistic competition -- Part 4. Factor markets. Labor ; Capital -- Part 5. General equilibrium and welfare. Externalities, property rights, and the Coase theorem ; General equilibrium and market efficiency ; Government

"Would also be accessible and engaging to students. The more common approach in this market has been to emphasize one of these dimensions or the other. For example, some texts have done well by sacrificing rigor in the name of user-friendliness. But although such books sometimes keep students happy, they often fail to prepare them for upper-division courses in the major. Others texts have succeeded by sacrificing accessibility in the name of rigor, where rigor all too often means little more than mathematical density. These courses overwhelm many undergraduates, and even those few who become adept at solving well-posed mathematical optimization problems are often baffled by questions drawn from everyday contexts"--

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