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Mengerian Microeconomics
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Book Synopsis Mengerian Microeconomics by : Ivan Jankovic
Download or read book Mengerian Microeconomics written by Ivan Jankovic and published by Springer Nature. This book was released on 2021-01-04 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the neglected contribution of the American and English “psychological” school to economic theory, especially to the development and refinement of the Austrian school of economics. It argues that Frank Knight, Frank Fetter, Herbert Davenport, Philip Wicksteed and J.B. Clark among others improved on the original Austrian theory by Menger and Bohm-Bawerk by providing a coherent subjectivist foundation for the theories of production and distribution. They succeeded where economic theory before them failed – to develop the theories of interest, profit, wages and rents based solely on the principles of subjective value and marginal utility, eschewing the last remnants of the old cost of production models. This book represents a look at what mainstream economic theory might have looked like had the erasure of Mengerian Austrian price theory by Marshallian and Walrasian thoeries not taken place, and had the improvements and refinements of the Mengerian tradition, itself done by the Anglo-Saxon followers of Menger, been fully appropriated.
Book Synopsis Neoclassical Microeconomic Theory by : Anthony Endres
Download or read book Neoclassical Microeconomic Theory written by Anthony Endres and published by Routledge. This book was released on 1997-01-02 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the contribution of the Austrian school to our understanding of markets as economic processes.
Book Synopsis Issues in Contemporary Macroeconomics and Distribution by : George R. Feiwel
Download or read book Issues in Contemporary Macroeconomics and Distribution written by George R. Feiwel and published by SUNY Press. This book was released on 1985-01-01 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book and its companion volume, Issues in Contemporary Microeconomics and Welfare, capture and convey the spirit, fundamental issues, underlying tensions, rich variety, accomplishments, and failures in contemporary economics. It presents economics as a dynamic subject, showing its strengths and limitations, exploring alternative approaches, and tracing the sources of differences. The essays include original contributions by the theorists themselves; major interpretations, reflections, and assessments by leading economists, and evaluations of particular areas by rising young scholars.
Book Synopsis Microfoundations and Macroeconomics by : Steven Horwitz
Download or read book Microfoundations and Macroeconomics written by Steven Horwitz and published by Routledge. This book was released on 2000-09-28 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional economists and students.
Book Synopsis Moral Discourse in the History of Economic Thought by : Laurent Dobuzinskis
Download or read book Moral Discourse in the History of Economic Thought written by Laurent Dobuzinskis and published by Routledge. This book was released on 2022-06-23 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. Adopting an approach rooted in ‘pragmatism’, the work explores key questions which have been considered by economists since the classical political economists. These include: what degree of priority ought to be granted to property rights among all individual liberties; whether uncertainties in economic life justify investing political authorities with the power to stabilize business cycles; whether it is better to trust entrepreneurial initiatives to resolve societal dilemmas or to centralize policy-making in the hands of a benevolent government. The chapters argue that economic thought has evolved from an emphasis on "sympathy" (as defined by Adam Smith) and that there has more recently been a rediscovery of the significance of sympathy reinvented as "fair reciprocity" in the wake of the emergence of behavioural economics and its connection to evolutionary psychology. This key book is of great interest to readers in the history of ideas, political and moral philosophy, and political economy.
Book Synopsis Three Essays in Monetary Theory by : Ludwig Van den Hauwe
Download or read book Three Essays in Monetary Theory written by Ludwig Van den Hauwe and published by BoD – Books on Demand. This book was released on 2009 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent events in international financial markets have revived the scientific interest in conceivable institutional alternatives to prevailing monetary arrangements. In the essays reprinted in this book, the author critically examines some of the more influential arguments which have been made in favour of decentralization in banking.
Book Synopsis Understanding Microeconomics by : Robert L. Heilbroner
Download or read book Understanding Microeconomics written by Robert L. Heilbroner and published by Prentice Hall. This book was released on 1984 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Applied Microeconomics by : Edwin Mansfield
Download or read book Applied Microeconomics written by Edwin Mansfield and published by W. W. Norton & Company. This book was released on 1994 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book on applied microeconomics. It has been designed for the many classes given each year for students who want to learn to become better managers, public officials, lawyers, or members of other such professional groups. While the book's general structure and approach remain much the same in this edition as in the previous one, there are many noteworthy improvements.
Book Synopsis Microfoundations and Macroeconomics by : Steven Horwitz
Download or read book Microfoundations and Macroeconomics written by Steven Horwitz and published by Routledge. This book was released on 2000-09-28 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional economists and students.
Book Synopsis Lectures on Microeconomics by : Romans Pancs
Download or read book Lectures on Microeconomics written by Romans Pancs and published by MIT Press. This book was released on 2018-08-21 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The arguments are in the theorem-proof format, distinguishing results derived in the context of fully specified models from educated speculation. Readers will learn how to pose a question rigorously and how to work toward an answer, and to appreciate that even (especially!) the broadest and most ambitious questions call for a model. The goal of the book is not to indoctrinate but to show readers how to reason toward their own conclusions. The first chapter, on the Walrasian model of general equilibrium, serves as the prerequisite for the rest of the book. The remaining chapters cover less conventional topics, including the morality of markets; matching theory; Marxism, socialism, and the resilience of markets; a formalization of Kant's categorical imperative; unintended consequences of policy design; and theories of justice. The book can be used as a textbook for advanced undergraduate or graduate students or as a resource for researchers in disciplines that draw on normative economics.
Author :Michael Mandler Associate Professor of Economics Harvard University Publisher :Oxford University Press, USA ISBN 13 :0195349202 Total Pages :226 pages Book Rating :4.1/5 (953 download)
Book Synopsis Dilemmas in Economic Theory : Persisting Foundational Problems of Microeconomics by : Michael Mandler Associate Professor of Economics Harvard University
Download or read book Dilemmas in Economic Theory : Persisting Foundational Problems of Microeconomics written by Michael Mandler Associate Professor of Economics Harvard University and published by Oxford University Press, USA. This book was released on 1999-01-29 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: By examining the development of economics in the 20th century, this book argues that the breakthroughs of post WWII general equilibrium theory and its rejection of utilitarianism and marginal productivity have been misunderstood. Mandler maintains that although earlier neoclassicism deserved criticism, current theory does not adequately address the problems the discarded concepts were designed to solve, and that intractable dilemmas therefore appear.
Book Synopsis Microeconomic Principles and Problems by : Geoffrey Schneider
Download or read book Microeconomic Principles and Problems written by Geoffrey Schneider and published by Routledge. This book was released on 2019-05-29 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomic Principles and Problems offers a comprehensive introduction to all major perspectives in modern economics, including mainstream and heterodox approaches. Through providing multiple views of markets and how they work, it will leave readers better able to understand and analyse the complex behaviours of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies. Most principles of microeconomics textbooks cover only mainstream economics, ignoring rich heterodox ideas. They also lack material on the great economists, including the important ideas of Adam Smith, Karl Marx, Thorstein Veblen, John Maynard Keynes and Friedrich Hayek. Mainstream books neglect the kind of historical analysis that is crucial to understanding trends that help us predict the future. Moreover, they focus on abstract models more than existing economic realities. This engaging book addresses these inadequacies. Including explicit coverage of the major heterodox schools of thought, it allows the reader to choose which ideas they find most compelling in explaining modern economic realities. Written in an engaging style focused on real world examples, this ground-breaking book brings economics to life. It offers the most contemporary and complete package for any pluralistic microeconomics class.
Download or read book Microeconomics written by R. Shone and published by Academic Press. This book was released on 2014-05-10 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomics: A Modern Treatment focuses on modern approaches to microeconomics. Alternative systems are discussed including input-output analysis as against neoclassical production theory. The theory of choice and the preference and utility approaches to consumer theory are also considered, along with linear and nonlinear theories of production, the theory of market demand and supply, and welfare economics. Comprised of 11 chapters, this book begins with an introduction to economic science and its propositions, as well as the importance of establishing a clearly defined set of postulates on which the whole edifice of economic knowledge rests. The discussion then turns to the theory of choice and the preference and utility approaches to consumer theory; neoclassical as opposed to modern consumer choice; production theory and the production set of the economy; and the theory of market demand and supply. Subsequent chapters deal with the theory of exchange and general equilibrium; welfare economics; and stability and introductory dynamics. This monograph will be of value to economists and those interested in microeconomics.
Book Synopsis New Perspectives on Austrian Economics by : Gerrit Meijer
Download or read book New Perspectives on Austrian Economics written by Gerrit Meijer and published by Routledge. This book was released on 2008-03-07 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years there has been a spectacular revival of interest in the economics of the Austrian school. New Perspectives on Austrian Economics includes *A keynote chapter by Israel Kirzner on the question of subjectivism within Austrian Economics *Chapters on Menger, Hayek and Schumpeter *the Socialist Calculation debate *Austrian perspectives on key theoretical issues including Uncertainty and Business Cycle Theory *the policy implications of Austrian economics
Book Synopsis Microeconomics of Market Failures by : Bernard Salanie
Download or read book Microeconomics of Market Failures written by Bernard Salanie and published by MIT Press. This book was released on 2000-10-10 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. In this book Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. He includes discussions of theories of collective decision making, as well as elementary models of public economics and industrial organization. Although public economics is traditionally defined as the positive and normative study of government action over the economy, Salanié confines himself to microeconomic aspects of welfare economics; he considers taxation and the effects of public spending only as potential remedies for market failures. He concludes with a discussion of the theory of general equilibrium in incomplete markets.
Book Synopsis The Microeconomics of Public Policy Analysis by : Lee S. Friedman
Download or read book The Microeconomics of Public Policy Analysis written by Lee S. Friedman and published by Princeton University Press. This book was released on 2017-02-15 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows, from start to finish, how microeconomics can and should be used in the analysis of public policy problems. It is an exciting new way to learn microeconomics, motivated by its application to important, real-world issues. Lee Friedman's modern replacement for his influential 1984 work not only brings the issues addressed into the present but develops all intermediate microeconomic theory to make this book accessible to a much wider audience. Friedman offers the microeconomic tools necessary to understand policy analysis of a wide range of matters of public concern--including the recent California electricity crisis, welfare reform, public school finance, global warming, health insurance, day care, tax policies, college loans, and mass transit pricing. These issues are scrutinized through microeconomic models that identify policy strengths, weaknesses, and ideas for improvements. Each chapter begins with explanations of several fundamental microeconomic principles and then develops models that use and probe them in analyzing specific public policies. The book has two primary and complementary goals. One is to develop skills of economic policy analysis: to design, predict the effects of, and evaluate public policies. The other is to develop a deep understanding of microeconomics as an analytic tool for application--its strengths and extensions into such advanced techniques as general equilibrium models and pricing methods for natural monopolies and its weaknesses, such as behavioral inconsistencies with utility-maximization models and its limits in comparing institutional alternatives. The result is an invaluable professional and academic reference, one whose clear explanation of principles and analytic techniques, and wealth of constructive applications, will ensure it a prominent place not only on the bookshelves but also on the desks of students and professionals alike.
Book Synopsis Making Sense of Microeconomics (First Edition) by : John P. Herzog
Download or read book Making Sense of Microeconomics (First Edition) written by John P. Herzog and published by Cognella Academic Publishing. This book was released on 2019-02-13 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Making Sense of Microeconomics provides students with a comprehensive and accessible introduction to the world of microeconomics. Readers gain a solid understanding of how organizations can utilize methods to help them maximize the use of available resources. Over the course of 16 chapters, students learn about various types of economies, profitability and its cost to society, economic markets, the circular flow, and the laws of supply and demand. Dedicated chapters address utility, elasticity, efficiency and social interest, and organizing for production. Readers examine markets in the competitive environment, output and costs, demand curves, marginal revenue, supply curves, production decisions, and the regulation and deregulation of competition. Additional chapters take a closer look at labor, capital, and land in the context of microeconomics. The text closes with a chapter that presents the cost efficiency and best process methods, which are used to determine the right combination of labor, capital, and land equipment to determine maximum output and minimal costs. Highly approachable and written for students new to the discipline, Making Sense of Microeconomics is an excellent resource for foundational courses in finance and economics.
