Applied MicroeconomicsW. W. Norton & Company, 1994 - 748 pagini This is a book on applied microeconomics. It has been designed for the many classes given each year for students who want to learn to become better managers, public officials, lawyers, or members of other such professional groups. While the book's general structure and approach remain much the same in this edition as in the previous one, there are many noteworthy improvements. |
Cuprins
Demand and Supply | 23 |
The Tastes and Preferences | 61 |
Indifference Curves 63 The Concept | 68 |
APPENDIX | 80 |
The Budget Line 72 The Equilibrium | 81 |
The FoodStamp Program 82 Determinants of Consumer | 89 |
Ordinal and Cardinal | 95 |
Consumer Behavior and Individual | 97 |
Monopolistic Competition | 384 |
Comparisons with Perfect Competition | 391 |
1 Advertising Spectacles and the FTC | 398 |
Nash Equilibrium 400 An Example | 416 |
QuestionsProblems | 422 |
The Case of Carmike Cinemas Inc | 452 |
Cost Structure of a Cinema 456 Market | 471 |
Price and Employment of Inputs Under | 517 |
Effects of Changes in Commodity Price | 103 |
Consumer Surplus 111 Indexes of the Cost of Living | 117 |
The Consumer Price Index 118 Example 4 2 New York | 123 |
The Case of B The Case of Black Gold | 163 |
The Firm and Its Technology | 187 |
Optimal Input Combinations | 222 |
Decisions Regarding Input Combinations 222 The Optimal | 237 |
2 ShortRun Costs of a Boeing 747 247 Example | 250 |
Can You Apply the Theory? 287 Effects | 287 |
Perfect Competition | 299 |
Monopoly | 341 |
LongRun Equilibrium Price and Output | 350 |
Monopoly with Perfect Competition 356 Monopoly | 363 |
Example 16 1 Effects of MinimumWage | 530 |
2 Economic Effects of Unions537 | 537 |
Investment Decisions and Risk | 544 |
The Interest Rate and Investment 548 | 551 |
The NetPresentValue Rule for Investment Decisions | 557 |
Choices Involving Risk561 Expected Monetary Value | 563 |
The Case of Jetliners | 588 |
and Public Goods | 613 |
External Economies and Diseconomies | 635 |
Efficient Pollution Control 638 Example 19 3 External | 644 |
Efficient Output of a Public Good 648 The Provision | 654 |
Property Rights | 667 |
Termeni și expresii frecvente
advertising aircraft allocation amount average cost function average product average total cost average variable cost budget line capital cents Chapter commodity consumer surplus consumer's cost function cost of producing dairy decrease demand curve economic economists effect elasticity of demand Engel curve equilibrium price example expected monetary value farm firm firm's fixed cost gasoline important income elasticity increase indifference curve industry investment isocost isoquant less long-run average cost marginal cost marginal cost curve marginal product marginal rate marginal revenue marginal revenue curve market basket market demand curve microeconomics milk million money income monopolist monopoly movie output rate panel percent perfect competition plant pounds price elasticity problem production function quantity demanded quantity supplied reduce result shown in Figure shows slope supply curve Suppose Table theater tion total cost function total output total revenue units of labor units of output variable input wage