Microeconomic Foundations I: Choice And Competitive Markets,New

Microeconomic Foundations I: Choice And Competitive Markets,New

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A Guide To Mastering Microeconomic Theorymicroeconomic Foundations I Develops The Choice, Price, And General Equilibrium Theory Topics Typically Found In Firstyear Theory Sequences, But In Deeper And More Complete Mathematical Form Than Most Standard Texts Provide. The Objective Is To Take The Reader From Acquaintance With These Foundational Topics To Something Closer To Mastery Of The Models And Results Connected To Them.Provides A Rigorous Treatment Of Some Of The Basic Tools Of Economic Modeling And Reasoning, Along With An Assessment Of The Strengths And Weaknesses Of These Tools Complements Standard Texts Covers Choice, Preference, And Utility; Structural Properties Of Preferences And Utility Functions; Basics Of Consumer Demand; Revealed Preference And Afriat'S Theorem; Choice Under Uncertainty; Dynamic Choice; Social Choice And Efficiency; Competitive And Profitmaximizing Firms; Expenditure Minimization; Demand Theory (Duality Methods); Producer And Consumer Surplus; Aggregation; General Equilibrium; Efficiency And The Core; Get, Time, And Uncertainty; And Other Topics Features A Free Webbased Student'S Guide, Which Gives Solutions To Approximately Half The Problems, And A Limitedaccess Instructor'S Manual, Which Provides Solutions To The Rest Of The Problems Contains Appendixes That Review Most Of The Specific Mathematics Employed In The Book, Including A Fromfirstprinciples Treatment Of Dynamic Programming

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  • Q: How many pages does the book have? A: This book has five hundred eighty-four pages. It offers a comprehensive treatment of microeconomic theory.
  • Q: What is the binding type of this book? A: This book is hardcover. Hardcover bindings typically provide durability and longevity for frequent use.
  • Q: What are the dimensions of this book? A: The dimensions are seven point twenty-five inches in length, one point seventy-five inches in width, and ten point twenty-five inches in height. These measurements make it suitable for easy handling.
  • Q: What topics does this book cover? A: This book covers topics such as consumer demand, general equilibrium, and choice under uncertainty. It is designed for a deeper understanding of microeconomic principles.
  • Q: Who is the author of this book? A: The author of this book is David M. Kreps. He is well-known for his contributions to economic theory.
  • Q: Is this book suitable for beginners? A: Yes, this book is suitable for beginners with a foundational understanding of microeconomics. It guides readers to a more advanced understanding of the subject.
  • Q: How can I use this book effectively? A: To use this book effectively, read each chapter thoroughly and utilize the web-based student guide for problem solutions. This will enhance your comprehension of the material.
  • Q: Is there any supplemental material with this book? A: Yes, there is a free web-based student's guide available. This guide provides solutions to approximately half the problems in the book.
  • Q: What is the target audience for this book? A: The target audience includes undergraduate and graduate students studying economics. It is also useful for professionals looking to deepen their understanding of microeconomic theory.
  • Q: How should I store this book? A: Store this book upright on a shelf to maintain its shape. Avoid exposing it to direct sunlight to prevent fading.
  • Q: Can I return this book if I am not satisfied? A: Yes, you can return this book if you are not satisfied, following the retailer's return policy. Be sure to keep the original packaging for a smooth return process.
  • Q: What if the book arrives damaged? A: If the book arrives damaged, contact the seller immediately to arrange for a replacement or refund. Most retailers have policies in place for such incidents.
  • Q: Does this book include any appendices? A: Yes, this book includes appendices that review specific mathematics used in the text. These resources are helpful for understanding complex theories.
  • Q: Is the book focused on theory or applications? A: The book is primarily focused on theory, particularly choice and competitive markets. However, it also discusses practical applications of microeconomic principles.
  • Q: Are there any exercises or problems in this book? A: Yes, the book contains exercises and problems for readers to practice. Solutions for many of these problems are provided in the supplemental guide.

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