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Which Tools And Methods Are Needed To Undertake Microeconomic Analysis
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Book Synopsis Which Tools and Methods are Needed to Undertake Microeconomic Analysis? by : Munawaru Issahaque
Download or read book Which Tools and Methods are Needed to Undertake Microeconomic Analysis? written by Munawaru Issahaque and published by . This book was released on 2019-06-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: A, Atlantic International University, course: DOCTOR OF ECONOMICS, language: English, abstract: This paper covers the concepts and tools needed to undertake microeconomics analysis of such problems that arise due to scarcity. The paper will also cover competitive and non-competitive product markets and why the different markets function the way they do. The researcher will attain the objectives of the course in this paper by researching on the topic and compiling not less than 15 pages. The writer will also provide a minimum of 20 multiple choice questions and answers. Craig and Depken (2006) explained that economists endeavor to understand how people and organizations reach their decisions. They pointed out that, economists delineate different types of decision makers into three types of economic agents. From the point of view of Burkett and John (2006), "Oikonomikos" raised four issues that lie near the central problem of economics even today. These are: how limited resources are best allocated to competing needs, what a manager can do to motivate subordinates to work hard, what it takes to be a good manager and how individuals, firms and government are supposed to choose our actions when the consequences of alternative actions are uncertain. These four issues cover the basic principles of microeconomics. Burkett and John further explained that, microeconomics overlaps with management science in its examination of optional business decisions but extend beyond that field into "normative and positive analysis of households, unions government agencies, and international trade.". What this means is that, unlike macroeconomics which concerned itself with aggregative results of individual decisions, microeconomics analysis concerned itself with problems individuals and organizations face due to scarcity.
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 Microeconomics using Excel by : Gerald Schwarz
Download or read book Microeconomics using Excel written by Gerald Schwarz and published by Routledge. This book was released on 2007-08-02 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using Microsoft Excel, the market leading spreadsheet package, this book combines theory with modelling aspects and spreadsheet analysis. Microeconomics Using Excel provides students with the tools with which to better understand microeconomic analysis.It focuses on solving microeconomic problems by integrating economic theory, policy analysis and
Book Synopsis Handbook of Research Methods and Applications in Empirical Macroeconomics by : Nigar Hashimzade
Download or read book Handbook of Research Methods and Applications in Empirical Macroeconomics written by Nigar Hashimzade and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 627 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive Handbook presents the current state of art in the theory and methodology of macroeconomic data analysis. It is intended as a reference for graduate students and researchers interested in exploring new methodologies, but can also be employed as a graduate text. The Handbook concentrates on the most important issues, models and techniques for research in macroeconomics, and highlights the core methodologies and their empirical application in an accessible manner. Each chapter is largely self-contained, whilst the comprehensive introduction provides an overview of the key statistical concepts and methods. All of the chapters include the essential references for each topic and provide a sound guide for further reading. Topics covered include unit roots, non-linearities and structural breaks, time aggregation, forecasting, the Kalman filter, generalised method of moments, maximum likelihood and Bayesian estimation, vector autoregressive, dynamic stochastic general equilibrium and dynamic panel models. Presenting the most important models and techniques for empirical research, this Handbook will appeal to students, researchers and academics working in empirical macro and econometrics.
Book Synopsis Basic Methods of Policy Analysis and Planning by : Carl Patton
Download or read book Basic Methods of Policy Analysis and Planning written by Carl Patton and published by Routledge. This book was released on 2015-08-26 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated in its 3rd edition, Basic Methods of Policy Analysis and Planning presents quickly applied methods for analyzing and resolving planning and policy issues at state, regional, and urban levels. Divided into two parts, Methods which presents quick methods in nine chapters and is organized around the steps in the policy analysis process, and Cases which presents seven policy cases, ranging in degree of complexity, the text provides readers with the resources they need for effective policy planning and analysis. Quantitative and qualitative methods are systematically combined to address policy dilemmas and urban planning problems. Readers and analysts utilizing this text gain comprehensive skills and background needed to impact public policy.
Book Synopsis Microeconomic Foundation/h by : Nic Harcourt
Download or read book Microeconomic Foundation/h written by Nic Harcourt and published by Routledge. This book was released on 2019-03-13 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This discourse on the conference proceedings unveils Sir John Hicks's efforts to discuss capital/income family of concepts with their principal characteristics of inter-temporality. Papers on capital, profits, the concept of invariant capital stock and Kaleckian theory of investment are discussed.
Book Synopsis The Analysis of Household Surveys by : Angus Deaton
Download or read book The Analysis of Household Surveys written by Angus Deaton and published by World Bank Publications. This book was released on 1997 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data from several countries, including Cote d'Ivoire, India, Pakistan, Taiwan, and Thailand, this book analyzes household survey data from developing countries and illustrates how such data can be used to cast light on a range of short-term and long-term policy issues.
Book Synopsis Methodology for a New Microeconomics (Routledge Revivals) by : Lawrence A. Boland
Download or read book Methodology for a New Microeconomics (Routledge Revivals) written by Lawrence A. Boland and published by Routledge. This book was released on 2014-06-03 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1986, this title argues that the successful development of a new microeconomics requires a deeper understanding of methodological individualism and its role in stability analysis. Lawrence Boland expounds a critique of neoclassical models, which, he contends, often fail to include an explicit stability analysis. He demonstrates that much of the sophisticated theoretical literature over the past thirty years can be understood as ad hoc attempts to overcome the deficiencies of such models in the absence of cogent stability analyses. In conclusion, he explains the need to update the theory taught at universities, and to develop a truly individualist version of microeconomics that is consistent with the methodological principles of major neoclassical models. An important contribution to economic methodology, this work is a highly valuable resource for all students and teachers of economics at the undergraduate level.
Book Synopsis Formal Analysis of Future Energy Systems Using Interactive Theorem Proving by : Asad Ahmed
Download or read book Formal Analysis of Future Energy Systems Using Interactive Theorem Proving written by Asad Ahmed and published by Springer Nature. This book was released on 2021-08-13 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes an accurate analysis technique for energy systems based on formal methods—computer-based mathematical logic techniques for the specification, validation, and verification of the systems. Correctness and accuracy of the financial, operational, and implementation analysis are of the paramount importance for the materialization of the future energy systems, such as smart grids, to achieve the objectives of cost-effectiveness, efficiency, and quality-of-service. In this regard, the book develops formal theories of microeconomics, asymptotic, and stability to support the formal analysis of generation and distribution cost, smart operations, and processing of energy in a smart grid. These formal theories are also employed to formally verify the cost and utility modeling for: Energy generation and distribution; Asymptotic bounds for online scheduling algorithms for plug-in electric vehicles; and Stability of the power converters for wind turbines. The proposed approach results in mechanized proofs for the specification, validation, and verification of corresponding smart grid problems. The formal mathematical theories developed can be applied to the formal analysis of several other hardware and software systems as well, making this book of interest to researchers and practicing engineers in a variety of power electronic fields.
Book Synopsis Microeconometrics by : A. Colin Cameron
Download or read book Microeconometrics written by A. Colin Cameron and published by Cambridge University Press. This book was released on 2005-05-09 with total page 1058 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the most comprehensive treatment to date of microeconometrics, the analysis of individual-level data on the economic behavior of individuals or firms using regression methods for cross section and panel data. The book is oriented to the practitioner. A basic understanding of the linear regression model with matrix algebra is assumed. The text can be used for a microeconometrics course, typically a second-year economics PhD course; for data-oriented applied microeconometrics field courses; and as a reference work for graduate students and applied researchers who wish to fill in gaps in their toolkit. Distinguishing features of the book include emphasis on nonlinear models and robust inference, simulation-based estimation, and problems of complex survey data. The book makes frequent use of numerical examples based on generated data to illustrate the key models and methods. More substantially, it systematically integrates into the text empirical illustrations based on seven large and exceptionally rich data sets.
Book Synopsis ECONOMIC ENVIRONMENT OF BUSINESS by : VEENA KESHAV PAILWAR
Download or read book ECONOMIC ENVIRONMENT OF BUSINESS written by VEENA KESHAV PAILWAR and published by PHI Learning Pvt. Ltd.. This book was released on 2011-12-16 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since liberalization, Indian economy is going through some dynamic changes. From a primarily closed agrarian economy, India has become service-oriented open economy, becoming more and more susceptible to economic fluctuations. This comprehensive book, in its third edition, continues to equip the readers with the necessary skills to assess and analyze the evolving economic scenario in India and world over. The new edition has been thoroughly revised and updated to incorporate the recent changes taking place in Indian and global economic environment. Every chapter is incorporated with a section on Understanding Economic Environment (UEE), in which the Indian economic environment is compared with the economic environment of its neighbouring countries, emerging markets and major players in the world economy. All chapters are well-supported with illustrative examples and cases to provide an analytical insight to the topics. The chapters also include the topic Implications for Managers, in which implications of a particular aspect of an economy are summarized for the managers. Besides, for an easy assessment of the data, most of the quantitative information is presented in a graphical form rather than in the conventional tabular format. Designed primarily as a textbook for the postgraduate students of management and commerce, this book is useful for the practising managers and policy makers as well. KEY FEATURES : Includes illustrations using latest data (upto 2011) Provides several numerical problems to strengthen the quantitative aspect of the subject Each chapter concludes with a Case Analysis to support the chapters with the applicative tools Companion website www.phindia.com/veenapailwar provides useful resources for the teachers as well as for the students and has been updated as per the current edition.
Book Synopsis An Introduction to Gender and Wellbeing in Microeconomics by : Nicky Pouw
Download or read book An Introduction to Gender and Wellbeing in Microeconomics written by Nicky Pouw and published by Routledge. This book was released on 2017-09-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Introduction to Gender and Wellbeing in Microeconomics explains how to set up the basics of designing a gender-aware approach to microeconomics by constructing creative gender-aware indicators. Using a wellbeing economics framework, the book argues that economic models should take power differences such as those inherent with gender into account, and be complemented by more qualitative analysis geared to discovering the ‘how’ and ‘why’ behind the ‘what’ questions. This book will be essential reading for academic and professional researchers, as well as policy researchers in gender and economics, international development, and social and economic policy. It will be invaluable for courses relating gender to the economy, and will enable readers to get a clear and concise understanding of the gendered character of the economy and of economic policy.
Book Synopsis Econometric Methods for Labour Economics by : Stephen Bazen
Download or read book Econometric Methods for Labour Economics written by Stephen Bazen and published by Oxford University Press. This book was released on 2011-09 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible presentation of the standard statistical techniques used by labour economists. It emphasises both the input and output of empirical analysis and covers the application of five major econometric methods.
Book Synopsis Development Economics by : Shahrukh Rafi Khan
Download or read book Development Economics written by Shahrukh Rafi Khan and published by Routledge. This book was released on 2019-10-23 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the 2007–2009 financial and economic crises, there has been an unprecedented demand among economics students for an alternative approach, which offers a historical, institutional and multidisciplinary treatment of the discipline. Economic development lends itself ideally to meet this demand, yet most undergraduate textbooks do not reflect this. This book will fill this gap, presenting all the core material needed to teach development economics in a one semester course, while also addressing the need for a new economics and offering flexibility to instructors. Rather than taking the typical approach of organizing by topic, the book uses theories and debates to guide its structure. This will allow students to see different perspectives on key development questions, and therefore to understand more fully the contested nature of many key areas of development economics. The book can be used as a standalone textbook on development economics, or to accompany a more traditional text.
Book Synopsis Micro Economics by : Ashton Blanchard
Download or read book Micro Economics written by Ashton Blanchard and published by Scientific e-Resources. This book was released on 2019-07-06 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Micro economics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues. Micro economics stresses the relevance and application of microeconomic theory to decision making in both managerial and public policy. The book also provides a comprehensive treatment of Econometrics and Pricing Policies in Practice in its suit the needs of decision makers, whether associated with managerial decision making in the corporate world or pursuing management courses in various institutions. The coverage of the book also incorporates the dramatic changes that have occurred in this field in recent years, and the lucid exposition makes the text clear and accessible as well as lively and engaging. It is a student-friendly and teacher-friendly book.
Book Synopsis An Introduction to Computational Macroeconomics by : Anelí Bongers
Download or read book An Introduction to Computational Macroeconomics written by Anelí Bongers and published by Vernon Press. This book was released on 2020-09-01 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an introduction to computational macroeconomics, using a new approach to the study of dynamic macroeconomic models. It solves a variety of models in discrete time numerically, using a Microsoft Excel spreadsheet as a computer tool. The solved models include dynamic macroeconomic models with rational expectations, both non-microfounded and microfounded, constituting a novel approach that facilitates the learning and use of dynamic general equilibrium models, which have now become the principal tool for macroeconomic analysis. Spreadsheets are widely known and relatively easy to use, meaning that the computer skills needed to work with dynamic general equilibrium models are affordable for undergraduate students in Advanced Macroeconomics courses.
Book Synopsis Economic Tools and Methods for the Analysis of Global Change Impacts on Agriculture and Food Security by : Sonia Quiroga
Download or read book Economic Tools and Methods for the Analysis of Global Change Impacts on Agriculture and Food Security written by Sonia Quiroga and published by Springer. This book was released on 2019-01-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compiles examples of the most widely used tools in agricultural economics that have been developed and used to analyze the impact of global change in agricultural activity. The research papers on this topic are plenty but lack the methodology. The content of this book can be used by research students exploring additional methods in agricultural economics.
