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Microeconomics in Words

By Gregory Besharov
eBook
$114.99
By Gregory Besharov
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The claims of economists about the successes and failures of markets have enormous influence in public debates, yet the sources of those claims are often unclear. Microeconomics in Words demystifies microeconomic analyses by showing how they depend on simplifying assumptions and ethical judgments that could be made differently. As microeconomics is a model-based discipline, this book addresses what makes outcomes efficient in models of markets, and it questions when market efficiency is des...

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BusinessEconomicsMicroeconomics