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Business & Finance - Microeconomic Foundations I: Choice and Competitive Markets

Description

Book Synopsis: A guide to mastering microeconomic theoryMicroeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them. Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these toolsComplements standard textsCovers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topics Features a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problemsContains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming Read more

Details

Are you looking to take your understanding of microeconomics to the next level? Look no further than Microeconomic Foundations I: Choice and Competitive Markets. This comprehensive guide goes beyond the basics, providing a deeper and more complete mathematical approach to key microeconomic theory topics. With a focus on choice, price, and general equilibrium theory, this book will help you master the models and results that drive economic decision-making.

What sets Microeconomic Foundations I apart from other textbooks is its rigorous treatment of economic modeling and reasoning. By providing a thorough assessment of the strengths and weaknesses of these tools, this book equips you with the critical thinking skills necessary to apply economic concepts in real-world scenarios. Whether you're a student or a professional, this resource is a valuable complement to standard texts, offering a wealth of knowledge to enhance your understanding of microeconomics.

With its comprehensive coverage of topics such as choice under uncertainty, dynamic choice, social choice and efficiency, and general equilibrium, Microeconomic Foundations I is a must-have for anyone seeking a deeper understanding of microeconomic theory. Designed to guide you from foundational topics to mastery of the models and results, this book provides both clarity and depth in its explanations and examples.

Ready to delve into the world of microeconomic theory? Unlock your potential with Microeconomic Foundations I: Choice and Competitive Markets. Visit our website and grab your copy today for a chance to become a master in economic modeling and reasoning. Click here to learn more.

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