Newtonian Microeconomics
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Newtonian Microeconomics
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Author : Matti Estola
language : en
Publisher: Springer
Release Date : 2017-01-20
Newtonian Microeconomics written by Matti Estola and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-20 with Business & Economics categories.
Presenting the dynamic laws of economic quantities, this book tackles one of the core difficulties of current economic theory: that of transforming abstract equations of equilibrium into precise dynamic rules. The theoretical framework of neoclassical micro theory has historically prohibited its development into a quantitative science. Estola identifies the main weaknesses of this framework as follows: 1) Static optimization does not allow for the modelling of time-dependent production and consumption flows; 2) The assumption of optimal behaviours forecloses any understanding of changes in economic quantities, as none will change its optimal behaviour. The author of this title assumes that economic units tend to better their situation where possible. The book demonstrates how this approach leads to an analogous framework in economics to the Newtonian framework in physics. The ‘forces’ acting upon economic quantities, which either cause adjustment toward an equilibrium state or keep the system in motion with time, are defined such that the neoclassical framework corresponds to a ‘zero-force’ situation. Introducing a system of measurement units for economic phenomena, Estola applies this throughout, and thereby illuminates a way for microeconomics to meet the minimum requirements of quantitative analysis.
The Economic Process
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Author : Carmine Gorga
language : en
Publisher: Rowman & Littlefield
Release Date : 2010
The Economic Process written by Carmine Gorga and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
The more hoarding, the less investment. The more hoarding, the more inflation. The more hoarding, the more poverty. Carmine Gorga
Lectures On Microeconomics
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Author : Romans Pancs
language : en
Publisher: MIT Press
Release Date : 2018-08-21
Lectures On Microeconomics written by Romans Pancs and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-21 with Business & Economics categories.
Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The arguments are in the theorem-proof format, distinguishing results derived in the context of fully specified models from educated speculation. Readers will learn how to pose a question rigorously and how to work toward an answer, and to appreciate that even (especially!) the broadest and most ambitious questions call for a model. The goal of the book is not to indoctrinate but to show readers how to reason toward their own conclusions. The first chapter, on the Walrasian model of general equilibrium, serves as the prerequisite for the rest of the book. The remaining chapters cover less conventional topics, including the morality of markets; matching theory; Marxism, socialism, and the resilience of markets; a formalization of Kant's categorical imperative; unintended consequences of policy design; and theories of justice. The book can be used as a textbook for advanced undergraduate or graduate students or as a resource for researchers in disciplines that draw on normative economics.
Microeconomics
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Author : R. Shone
language : en
Publisher: Academic Press
Release Date : 2014-05-10
Microeconomics written by R. Shone and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Business & Economics categories.
Microeconomics: A Modern Treatment focuses on modern approaches to microeconomics. Alternative systems are discussed including input-output analysis as against neoclassical production theory. The theory of choice and the preference and utility approaches to consumer theory are also considered, along with linear and nonlinear theories of production, the theory of market demand and supply, and welfare economics. Comprised of 11 chapters, this book begins with an introduction to economic science and its propositions, as well as the importance of establishing a clearly defined set of postulates on which the whole edifice of economic knowledge rests. The discussion then turns to the theory of choice and the preference and utility approaches to consumer theory; neoclassical as opposed to modern consumer choice; production theory and the production set of the economy; and the theory of market demand and supply. Subsequent chapters deal with the theory of exchange and general equilibrium; welfare economics; and stability and introductory dynamics. This monograph will be of value to economists and those interested in microeconomics.
Principles Of Microeconomics
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Author : Peter Curwen
language : en
Publisher: Routledge
Release Date : 2006-09-07
Principles Of Microeconomics written by Peter Curwen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-09-07 with Business & Economics categories.
`Else and Curwin make an effort to keep the student in touch with recent developments by including such topics as bargaining search, contestable markets and voting behaviour...it will certainly appeal to those who wish to keep economic theory accessible to as wide a range of students as possible.' Times Higher Education Supplement This clear, concise introduction to intermediate microeconomics is essential reading for students with previous knowledge of economic principles. Geared to the standard year's course in universities and polytechnics, the treatment in this text reinforces the student's understanding of familiar topics and facilitates assimilation of new material.
Intermediate Microeconomics Neoclassical And Factually Oriented Models
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Author : Lester O. Bumas
language : en
Publisher: Routledge
Release Date : 2015-03-04
Intermediate Microeconomics Neoclassical And Factually Oriented Models written by Lester O. Bumas and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-04 with Business & Economics categories.
This is the first intermediate microeconomics textbook to offer both a theoretical and real-world grounding in the subject. Relying on simple algebraic equations, and developed over years of classroom testing, it covers factually oriented models in addition to the neoclassical paradigm, and goes beyond theoretical analysis to consider practical realities.
Introduction To Microeconomics
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Author : David E. W. Laidler
language : en
Publisher: John Wiley & Sons
Release Date : 1981
Introduction To Microeconomics written by David E. W. Laidler and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Business & Economics categories.
Dilemmas In Economic Theory Persisting Foundational Problems Of Microeconomics
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Author : Michael Mandler Associate Professor of Economics Harvard University
language : en
Publisher: Oxford University Press, USA
Release Date : 1999-01-29
Dilemmas In Economic Theory Persisting Foundational Problems Of Microeconomics written by Michael Mandler Associate Professor of Economics Harvard University and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-29 with Business & Economics categories.
By examining the development of economics in the 20th century, this book argues that the breakthroughs of post WWII general equilibrium theory and its rejection of utilitarianism and marginal productivity have been misunderstood. Mandler maintains that although earlier neoclassicism deserved criticism, current theory does not adequately address the problems the discarded concepts were designed to solve, and that intractable dilemmas therefore appear.
Microeconomics
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Author : Miltiades Chacholiades
language : en
Publisher:
Release Date : 1986
Microeconomics written by Miltiades Chacholiades and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
Microfoundations
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Author : E. Roy Weintraub
language : en
Publisher: Cambridge University Press
Release Date : 1979-02-28
Microfoundations written by E. Roy Weintraub and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979-02-28 with Business & Economics categories.
The first full-length survey of current work which examines the compatibility of microeconomics and macroeconomics.