MBA Economics / Edition 1

MBA Economics / Edition 1

by Mark Jackson
     
 

ISBN-10: 1557866317

ISBN-13: 9781557866318

Pub. Date: 08/11/1995

Publisher: Wiley

This 12-chapter text presents a concise first course in microeconomics which is suitable for both MBA and upper level undergraduate programmes. No previous knowledge of economics is assumed.

MBA Economics covers the key areas of microeconomics - how the interactions of producers and consumers in product markets produce powerful tendencies towards

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Overview

This 12-chapter text presents a concise first course in microeconomics which is suitable for both MBA and upper level undergraduate programmes. No previous knowledge of economics is assumed.

MBA Economics covers the key areas of microeconomics - how the interactions of producers and consumers in product markets produce powerful tendencies towards efficiency and equality when self-interest is harnessed within purely competitive markets, as well as how rent-seeking activity can alter this conclusion and how human-capital investments can increase the productivity and wages of workers.

As economics is presented to students as an element in arguments, only the economics necessary to support the arguments need to be presented. This feature makes MBA Economics substantially leaner than the standard text in microeconomics, thereby making it far more accessible.

  • Written by an experienced textbook author.
  • No previous knowledge of economics is assumed.
  • Step by step analysis of key modules.
  • Concise introduction to microeconomics for MBA and undergraduate students.

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Product Details

ISBN-13:
9781557866318
Publisher:
Wiley
Publication date:
08/11/1995
Edition description:
New Edition
Pages:
184
Product dimensions:
6.10(w) x 9.10(h) x 0.60(d)

Table of Contents

To Instructors
1Introduction1
Pt. IPure Competition and Efficiency: Product Markets7
2Product Demand: A Conclusion of the Theory of Consumer Choice9
3Product Supply: A Conclusion of the Theory of Producer Choice27
4A Model of Equilibrium Price Determination45
5Long-Run Tendencies in Purely Competitive Product Markets61
6Monopoly and Rent-Seeking Activity in Product Markets73
Pt. IIPure Competition and Equality: Factor Markets85
7Labor Demand: A Conclusion of the Theory of Producer Choice87
8Labor Supply: A Conclusion of the Theory of Consumer Choice103
9A Model of Equilibrium Wage Determination119
10Long-Run Tendencies in Purely Competitive Labor Markets133
11Monopsony and Rent-Seeking Activity in Labor Markets143
12Human Capital155
Index163

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