Microeconomic Theory
(Sprache: Englisch)
Contrary to widely held beliefs, microeconomic theory bears no rela tion to the size of the product under consideration; indeed a micro theorist can just as easily discuss the sale of a whale as he would discuss a whale of a sale in amoebae. In fact, it...
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Klappentext zu „Microeconomic Theory “
Contrary to widely held beliefs, microeconomic theory bears no rela tion to the size of the product under consideration; indeed a micro theorist can just as easily discuss the sale of a whale as he would discuss a whale of a sale in amoebae. In fact, it possibly is true that a theorist, and a microeconomic theorist in particular, does not have any specific products in mind when he bandies his propositions about. Nor does he have to. For these in the final analysis are just that; propositions. They are propositions that are motivated by economic reality as observable, not to mention controllable, as that may be, but they are no more and no less than comments about that economic reality and they emphatically are not descriptive assays of it. They are more or less, caricatures of economic reality or metaphors where bold distortions are pressed to the task of describing preconceived visions of that reality. These visions, given their fundamentally qualitative nature, are hardly fit to be put to the test of statistical verification. Perhaps only the judgement and "intuitive feel" of practicing economists over the years are the only true tests of the viability and robustness of these propositional comments on economic reality which make up the body of economic theory. It is not the abstractions that make the difference, all science is that way; metaphoric.
Inhaltsverzeichnis zu „Microeconomic Theory “
I: Consumers Demand.- 1: Preferences, Utility and Choice.- 2: Demand.- 3: Topics in Demand Analysis.- II: Costs, Production and Price Taking Firms.- 4: Costs and Production.- 5: Price Taking Firms.- 6: Industry Supply and Industry Equilibrium in a Competitive Market.- Problems for Part II.- III: Market Structure.- 7: Monopoly.- 8: Duopoly and Oligopoly.- 9: Monopolistic Competition.- 10: Topics in the Theory of the Firm.- Problems for Part III.- IV: The Economy.- 11: Production Possibility Set, Activity Analysis and Equilibria of Production Sectors.- 12: Introduction to Welfare Economics and General Equilibrium Analysis.- Mathematical Appendix.- 1. Relations and Functions.- 2. Linear Spaces.- 3. Calculus.- 4. Concavity and Generalization.- 6. Optimization in More General Spaces.- 7. A Maximum Theorem.- 8. Notes on the Literature.- References.
Bibliographische Angaben
- Autoren: Yoshihiko Otani , Mohamed El- Hodiri
- 1987, XIII, 274 Seiten, Maße: 24,4 cm, Kartoniert (TB), Englisch
- Verlag: Springer, Berlin
- ISBN-10: 3540179941
- ISBN-13: 9783540179948
Sprache:
Englisch
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