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Methods of Microeconomics: A Simple Introduction

By K H Erickson
Paperback
$12.24
By K H Erickson
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Methods of Microeconomics: A Simple Introduction is an accessible guide to the mathematical methods of microeconomics. Worked examples are combined with exercises and solutions for readers, as economic relationships and equilibrium values are revealed and outcomes predicted.

Consumer preferences and utility are examined with indifference curves, and differentiation to find marginal utility and the marginal rate of substitution. Consumer choice uses a Lagrange multiplier for optimization of u...

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BusinessEconomicsMicroeconomics