Price Theory and Applications / Edition 2

Price Theory and Applications / Edition 2

by Jack Hirshleifer
     
 

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ISBN-10: 0136997104

ISBN-13: 9780136997108

Pub. Date: 01/01/1980

Publisher: Prentice Hall

Rich with examples, this reality-based economics book continues its pioneering approach at integrating theory and applications, showing how macroeconomic analysis sheds light on market behavior, guides personal and financial decisions, and explains behavior in such areas as politics, crime, and the family. Presents over 100 topically varied, boxed 'Examples' which

Overview

Rich with examples, this reality-based economics book continues its pioneering approach at integrating theory and applications, showing how macroeconomic analysis sheds light on market behavior, guides personal and financial decisions, and explains behavior in such areas as politics, crime, and the family. Presents over 100 topically varied, boxed 'Examples' which illustrate how economic models and principles help explain real-world phenomena, and intersperses more in-depth 'Applications' throughout, extending basic theory to topics of special interest, such as the economics of charitable contributions, the effects of import quotas, and minimum wage laws. Includes discussions and applications of economic analysis to historical phenomena; numerous non-US examples and illustrations; studies of topics and data from anthropology, law, biology, psychology, and other social sciences. Sixth Edition now analyzes time as a constraint upon consumption, provides a systematic introduction to the theory of games, and updates extensively throughout, with many new examples.For economists.

Product Details

ISBN-13:
9780136997108
Publisher:
Prentice Hall
Publication date:
01/01/1980
Pages:
620

Table of Contents

(NOTE:All chapters conclude with a Summary and Questions.)

PART I. INTRODUCTION.

1. The Nature and Scope of Economics.
2. Working Tools.

PART II. PREFERENCE, CONSUMPTION, AND DEMAND.

3. Utility and Preference.
4. Consumption and Demand.
5. Applications and Extensions of Demand Theory.

PART III. THE FIRM AND THE INDUSTRY.

6. The Business Firm.
7. Equilibrium in the Product Market—Competitive Industry.
8. Monopolies and Cartels.
9. The Product as a Variable.
10. Oligopoly and Strategic Behavior.

PART IV. FACTOR MARKETS AND INCOME DISTRIBUTION.

11. Demand for Factors of Production.
12. Resource Supply and Factor-Market Equilibrium.

PART V. EXCHANGE.

13. Exchange, Transaction Costs, and Money.

PART VI. ECONOMICS AND TIME.

14. The Economics of Time.

PART VII. POLITICAL ECONOMY.

15. Welfare Economics: The Market and the State.
16. Government, Conflict, and Cooperation.
Answers to Selected Questions.
Name Index.
Subject Index.

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