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Applied microeconomics

Author: Edwin Mansfield
Publisher: New York : W.W. Norton, ©1997.
Edition/Format:   Print book : English : 2nd edView all editions and formats
Summary:

A second, revised edition of this textbook, which provides clear application of the theory of applied microeconomics, linked to detailed coverage of particular industries. It is suitable for  Read more...

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Document Type: Book
All Authors / Contributors: Edwin Mansfield
ISBN: 0393970329 9780393970326
OCLC Number: 34564758
Description: xxiii, 666, 65 pages : illustrations (some color) ; 24 cm
Contents: Part 1 Introduction: demand and supply; applying microeconomic theory - microbreweries, the cocaine epidemic, and the FCC auction of spectrum rights. Part 2 Consumer behaviour and market demand: the tastes and preferences of the consumer; consumer behaviour and individual demand; market demand; applying microeconomic theory - the case of black gold. Part 3 The firm - its technology and costs: the firm and its technology; optimal input combinations and cost functions; applying microeconomic theory - the case of milk and dairy products. Part 4 Market structure, price and output: perfect competition; monopoly; monopolistic competition and oligopoly; game theory and strategic behaviour; applying miccroeconomic theory - the case of Carmike Cinemas Inc. Part 5 Markets for inputs: price and employment of inputs; investment decisions and risk; applying microeconomic theory - the case of jetliners. Part 6 Economic efficiency: economic efficiency, externalities, and public goods; applying microeconomic theory - the case of California Water.
Responsibility: Edwin Mansfield.

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