Description
Book SynopsisPresents the author's lecture notes for the first part of his well-known graduate course in microeconomics. In this edition, the author retains the striking originality and deep simplicity that characterize his famously engaging style of teaching.
Trade Review"Rubinstein's very original work could be considered, in a certain sense, the personification of the co-operative and open ghost professor appearing in the student's home or dorm room while the student is reading, waiting patiently and speaking only if asked... [V]ery thought-provoking."--Adam Torok, Acta Oeconomica
Table of ContentsPreface vii Introduction ix Lecture 1. Preferences 1 Problem Set 1 10 Lecture 2. Utility 12 Problem Set 2 20 Lecture 3. Choice 23 Problem Set 3 41 Lecture 4. Consumer Preferences 45 Problem Set 4 58 Lecture 5. Demand: Consumer Choice 60 Problem Set 5 73 Lecture 6. Choice over Budget Sets and the Dual Consumer 75 Problem Set 6 82 Lecture 7. The Producer 85 Problem Set 7 92 Lecture 8. Expected Utility 94 Problem Set 8 104 Lecture 9. Risk Aversion 107 Problem Set 9 119 Lecture 10. Social Choice 121 Problem Set 10 128 Review Problems 131 References 147 Index 151