Description

Book Synopsis

This Second Edition updates the companion workbook to match the new edition of the textbook Principles of Microeconomics. Each chapter features a wide variety of exercises, ranging from basic multiple-choice questions to challenging mathematical problems and case study scenarios.

The textbook pursues an integrative approach to modern microeconomics by critically reflecting on the main findings of economics from a philosophical standpoint and comparing them to approaches found in the social sciences. It adopts an institutional perspective to analyze the potential and limitations of different market types, and highlights implications for the design of the legal system and business practices throughout. In addition to traditional rational-choice models, important findings from behavioral economics and psychology are also presented.



Table of Contents
First Principles.- Gains from Trade.- Markets and Institutions - Introduction.- Supply and Demand.- Normative Economics.- Externalities.- Decisions and Consumber Behavior.- Costs.- A Second Look.- Firm Behavior in Monopolistic Markets.- Principles of Game Theories.- Firm Behavior in Oligopolistic Markets.- Elasticity.

Workbook for Principles of Microeconomics

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    A Paperback / softback by Martin Kolmar, Magnus Hoffmann

    £34.19

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    Order before 4pm tomorrow for delivery by Tue 15 Sep 2026.

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      Book details

      Publisher Springer Nature Switzerland AG
      Published 4 March 2022
      ISBN-13 9783030877279
      978-3030877279
      ISBN-10 3030877272
      Also in:
      Business, Finance & Law Behavioural economics Economic history Microeconomics

      Description

      Book Synopsis

      This Second Edition updates the companion workbook to match the new edition of the textbook Principles of Microeconomics. Each chapter features a wide variety of exercises, ranging from basic multiple-choice questions to challenging mathematical problems and case study scenarios.

      The textbook pursues an integrative approach to modern microeconomics by critically reflecting on the main findings of economics from a philosophical standpoint and comparing them to approaches found in the social sciences. It adopts an institutional perspective to analyze the potential and limitations of different market types, and highlights implications for the design of the legal system and business practices throughout. In addition to traditional rational-choice models, important findings from behavioral economics and psychology are also presented.



      Table of Contents
      First Principles.- Gains from Trade.- Markets and Institutions - Introduction.- Supply and Demand.- Normative Economics.- Externalities.- Decisions and Consumber Behavior.- Costs.- A Second Look.- Firm Behavior in Monopolistic Markets.- Principles of Game Theories.- Firm Behavior in Oligopolistic Markets.- Elasticity.

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