Mighty Microeconomics

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
subject_code
KCD
subject
Economics of industrial organization
target_audience
General/trade
is_adult_product
false
edition_number
1
binding
paperback
Edition
New
MPN
9781009161084
batteries_required
false
manufacturer
Cambridge University Press
Brand
N/A
number_of_items
1
pages
452
part_number
9781009161084
publication_date
2023-07-06T00:00:01Z
unspsc_code
55101500
ISBN
9781009161084
Category

About this product

Product Identifiers

Publisher
Cambridge University Press
ISBN-10
1009161083
ISBN-13
9781009161084
eBay Product ID (ePID)
24059024614

Product Key Features

Book Title
Mighty Microeconomics : a Guide to Thinking like an Economist
Number of Pages
500 Pages
Language
English
Publication Year
2023
Topic
Economics / Microeconomics, Economics / General
Illustrator
Yes
Genre
Business & Economics
Author
Michihiro Kandori
Format
Trade Paperback

Dimensions

Item Height
1 in
Item Length
10 in
Item Width
8 in

Additional Product Features

LCCN
2022-049023
Reviews
'This book gives a great overview of the core ideas in microeconomics. It is ideal as supplementary reading for an undergraduate class, or for self-study by anyone who is interested in seeing what formal microeconomics theory is about.' Drew Fudenberg, Paul A Samuelson Professor of Economics, Massachusetts Institute of Technology, 'Mighty Microeconomics combines precise arguments, compelling applications, and deep reflection on the problems of the modern age. It takes students on an unforgettable intellectual journey to make them better citizens who can understand and participate in the choices we must make to create a better world.' Paul Milgrom, Leonard and Shirley Ely Professor of Economics, Stanford University, 'This book provides a self-contained journey from the very basics of economic thinking to the standard graduate-course fare, remaining mathematically rigorous but readily accessible throughout. Those who have never studied economics, those whose life's work is economic research, and everyone in between will find this book valuable.' Larry Samuelson, A. Douglas Melamed Professor of Economics, Yale University, 'Written in a lucid style, Mighty Microeconomics guides complete beginners to an advanced level, advanced enough to be a prudent and well-reserved theorist, through clear, precise, and thoughtful yet plain expositions.' Takashi Hayashi, Professor of Economics, University of Glasgow, 'This is one of the best introductions to modern microeconomics. By going through page by page with pen and paper at hand, readers will begin to understand how the activities of selfish and near-sighted people will be spontaneously organized into the social division of labor - a wonder of the 'invisible hand.'' Nobuhiro Kiyotaki, Harold H Helm '20 Professor of Economics and Banking, Princeton University, 'This is one of the best introductions to modern microeconomics. By going through page by page with pen and paper at hand, readers will begin to understand how the activities of selfish and near-sighted people will be spontaneously organized into the social division of labor - a wonder of the 'invisible hand.' Nobuhiro Kiyotaki, Harold H Helm '20 Professor of Economics and Banking, Princeton University
Dewey Edition
23/eng/20221013
Dewey Decimal
338.5
Table Of Content
Part I. Price Theory: Merits and Limitations of the Market Mechanism: 1. Theory of Consumer Behavior; 2. The Theory of Firm Behavior; 3. Market Equilibrium; 4. Market Failures; 5. Monopolies; Part II. Game Theory and Economics of Information: 6. Simultaneous-Move Games and Nash Equilibrium; 7. Dynamic Games and Credible Strategies; 8. Insurance and Moral Hazard; 9. Adverse Selection and Signaling; 10. Last but not Least - Let's Talk about Social Justice and Philosophy; Appendix A. Essential Mathematical Concepts: All You Need to Know to Read this Book; Appendix B. Constrained Maximization Problems and the Method of Lagrange Multiplier; Appendix C. Compensating Variation and Equivalent Variation; Appendix D. A Step-by-Step Guide to Proving the Second Welfare Theorem.
Synopsis
Economics helps us to understand that certain slick mechanisms are operating beyond what we see in our daily economic lives. To fully understand and appreciate these mechanisms, we need to master the core mathematical theories, some of which are highly advanced and typically covered in a graduate course. This textbook presents those theories without compromising rigor, but, at the same time, the author offers a number of innovative pedagogical twists that make the difficult materials completely accessible to undergraduate students, and even to general readers. Written in a chatty, colloquial style, the author explains basic messages and core insights that are usually hidden between the lines. The usefulness of these theories is shown through a number of real-life examples, and, in the end, the readers can see that the mathematical models provide deep insights into social justice and philosophy. This book helps readers to think like an economist., Based on a best-selling Japanese text that sold more than 65,000 copies, the book is written in a chatty, colloquial style without compromising the rigor of explaining microeconomic theories. Interspersed with illuminating real-life examples, the book encourages readers to think like an economist with insights on social justice and philosophy.
LC Classification Number
HB172.K35713 2023

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