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A Theory of the Producer-Consumer Household

2011-10-18 Business & Economics
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Release : 2011-10-18
Genre : Business & Economics
Kind : eBook
Book Rating : 685/5 ( reviews)

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Book Synopsis A Theory of the Producer-Consumer Household by : Yoshihiro Maruyama

Download or read book A Theory of the Producer-Consumer Household written by Yoshihiro Maruyama. This book was released on 2011-10-18. Available in PDF, EPUB and Kindle. Book excerpt: The quick recovery of Asian economies from recent recessions in comparison to the struggling American and European economies can be attributed in part to the positive aggregate-demand externalities of their self-employment sectors. This book presents a behavioural analysis of this effect, with a detailed focus on producer households.

Producers, Consumers, and Partial Equilibrium

2016-11-26 Business & Economics
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Release : 2016-11-26
Genre : Business & Economics
Kind : eBook
Book Rating : 244/5 ( reviews)

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Book Synopsis Producers, Consumers, and Partial Equilibrium by : David Mandy

Download or read book Producers, Consumers, and Partial Equilibrium written by David Mandy. This book was released on 2016-11-26. Available in PDF, EPUB and Kindle. Book excerpt: Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The book maintains a sharp focus on the properties of outcomes from optimizing behavior in varying environments. These properties are the refutable hypotheses from each optimization behavioral postulate, and they form the core content of this positive economic theory. In so doing, the book presents and documents the underlying formal structure of the theory with a higher degree of integration and completeness than is typical of Ph.D. textbooks in microeconomics. - Includes comprehensive, focused and unified coverage of the mathematics required for the core theories of producer and consumer choice, and partial equilibrium - Presents a generalized envelope theorem as a key source of refutable hypotheses - Delineates the role of active versus inactive constraints in generating refutable hypotheses - Discusses convex functions in economic optimization environments - Presents the full formal details of core producer and consumer and producer theory in a unified and systematic manner - Emphasizes the refutable hypotheses resulting from behavioral postulates and the completeness (duality) of those hypotheses for the postulated behavior within microeconomics - Includes end-of-chapter exercises, full index, and an instructor's solutions manual - Includes a concordance that matches its chapters with those of major textbooks

Duality and Modern Economics

1992-02-28 Business & Economics
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Release : 1992-02-28
Genre : Business & Economics
Kind : eBook
Book Rating : 017/5 ( reviews)

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Book Synopsis Duality and Modern Economics by : Richard Cornes

Download or read book Duality and Modern Economics written by Richard Cornes. This book was released on 1992-02-28. Available in PDF, EPUB and Kindle. Book excerpt: Provides a simple introductory exposition to the basic structure of dual technique analysis - consumer behaviour and producer behaviour - which has been used by many economists since the 1970s. Includes diagrams and an index.

Microeconomics With Spreadsheets

2016-12-08 Business & Economics
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Release : 2016-12-08
Genre : Business & Economics
Kind : eBook
Book Rating : 975/5 ( reviews)

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Book Synopsis Microeconomics With Spreadsheets by : Suren Basov

Download or read book Microeconomics With Spreadsheets written by Suren Basov. This book was released on 2016-12-08. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomics studies the choices made by individuals under conditions of scarcity of resources and time and the interaction between different decision makers. Scarcity forces economic actors to choose one opportunity among many. Microeconomics with Spreadsheets starts with the mathematical preliminaries and covers consumer theory, producer theory, general equilibrium, game theory, market structure and economics of information.The reader will use numerical tools to analyse problems that cannot be analysed analytically. There is a natural synergy between rigorous proofs and numerical methods, since before using a numerical method one should also prove that a solution exists and analyse whether it is unique, and therefore be able to interpret properly the output of a program.

Collected Papers on Monetary Theory

2013-01-07 Business & Economics
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Release : 2013-01-07
Genre : Business & Economics
Kind : eBook
Book Rating : 212/5 ( reviews)

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Book Synopsis Collected Papers on Monetary Theory by : Robert E. Lucas Jr.

Download or read book Collected Papers on Monetary Theory written by Robert E. Lucas Jr.. This book was released on 2013-01-07. Available in PDF, EPUB and Kindle. Book excerpt: Robert Lucas is one of the outstanding monetary theorists of the past hundred years. Along with Knut Wicksell, Irving Fisher, John Maynard Keynes, James Tobin, and Milton Friedman (his teacher), Lucas revolutionized our understanding of how money interacts with the real economy of production, consumption, and exchange. Lucas’s contributions are both methodological and substantive. Methodologically, he developed dynamic, stochastic, general equilibrium models to analyze economic decision-makers operating through time in a complex, probabilistic environment. Substantively, he incorporated the quantity theory of money into these models and derived its implications for money growth, inflation, and interest rates in the long run. He also showed the different effects of anticipated and unanticipated changes in the stock of money on economic fluctuations, and helped to demonstrate that there was not a long-run trade-off between unemployment and inflation (the Phillips curve) that policy-makers could exploit. The twenty-one papers collected in this volume fall primarily into three categories: core monetary theory and public finance, asset pricing, and the real effects of monetary instability. Published between 1972 and 2007, they will inspire students and researchers who want to study the work of a master of economic modeling and to advance economics as a pure and applied science.

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