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Advanced Microeconomic Theory - An Intuitive Approach with Examples (Hardcover)
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Advanced Microeconomic Theory - An Intuitive Approach with Examples (Hardcover)
Series: Advanced Microeconomic Theory
Expected to ship within 9 - 15 working days
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An introduction to advanced topics in microeconomics that
emphasizes the intuition behind assumptions and results, providing
examples that show how to apply theory to practice. This textbook
offers an introduction to advanced microeconomic theory that
emphasizes the intuition behind mathematical assumptions, providing
step-by-step examples that show how to apply theoretical models. It
covers standard topics such as preference relations, demand theory
and applications, producer theory, choice under uncertainty,
partial and general equilibrium, monopoly, game theory and
imperfect competition, externalities and public goods, and contract
theory; but its intuitive and application-oriented approach
provides students with a bridge to more technical topics. The book
can be used by advanced undergraduates as well as Masters students
in economics, finance, and public policy, and by PhD students in
programs with an applied focus. The text connects each topic with
recent findings in behavioral and experimental economics, and
discusses these results in context, within the appropriate chapter.
Step-by-step examples appear immediately after the main theoretical
findings, and end-of chapter exercises help students understand how
to approach similar exercises on their own. An appendix reviews
basic mathematical concepts. A separate workbook, Practice
Exercises for Advanced Microeconomic Theory, offers solutions to
selected problems with detailed explanations. The textbook and
workbook together help students improve both their theoretical and
practical preparation in advanced microeconomics.
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