Microeconomic Problems

In a unique approach to microeconomic theory, this book constructs (and proposes solutions to) major problems in mathematical programming, the theory of consumer demand, the theory of production, and welfare economics. Readers can thereby derive for themselves many of the major results achieved in microeconomics. Introductory notes set the scene for each chapter, and the subsequent sets of problems and annotated reading lists guarantee the reader a thorough grounding in microeconomic theory.

Part of a series designed to provide undergraduate students with information on developments in economics, this volume contains nine essays which cover subjects of current relevance in microeconomics, such as choice under uncertainty, microeconometrics and game theory.

Now revised and updated to reflect critical changes in economic policy since the last edition, Microeconomic Issues Today, Eighth Edition, provides Conservative, Liberal, and Radical interpretations and solutions for seven current microeconomic issues. An instructor's manual with a test bank and discussion questions is available to professors who adopt the text, and PowerPoint downloads are available as teaching aids.

In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world. This volume is divided into five parts. The introduction includes keynote speeches by the Governors of the Bank of Japan and Central Bank of Jordan. Part one focuses on macroeconomic theory for understanding macroeconomic fluctuations and crises. Part two addresses the issue of the measurement of wealth. Part three discusses macroeconomic policies in times of crises. Finally, part four focuses on central banking and monetary policy.

Microeconomic Principles and Problems offers a comprehensive introduction to all major perspectives in modern microeconomics, including mainstream and heterodox approaches. By providing multiple views of markets and how they work, readers will be better able to understand and analyze the complex behaviors of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies. Most principles textbooks cover only mainstream economics and neglect the rich contextual analysis of heterodox economists. Heterodox material is presented as complementary to mainstream economics: understanding both approaches yields the deepest level of understanding. The book covers standard models, and includes substantial coverage of existing economic realities, featuring case studies and descriptive data. The book includes some coverage of all major heterodox schools of thought. This second edition incorporates new and expanded material on international trade (including disintegration and Brexit), climate issues and perspectives including degrowth, inter-temporal exchanges and games, non-market exchanges, trends in job opportunities, the rising cost of education, the gig economy, social media as an industry, and updated examples and cases. The book’s suite of digital resources has also been revised to ensure examples and activities are relevant to each part of the book. Written in an engaging style focused on real-world examples, this groundbreaking book brings economics to life. It offers the most contemporary and complete package for any pluralist microeconomics class.

This new updated edition covers seven current microeconomic issues, including agriculture, consumer welfare, the environment, competition, deregulation, income distribution, and fair taxation. The seventh edition has been updated to include current economic data, and an instructor's manual with a test bank and discussion questions is available to professors who adopt this book. In addition, PowerPoint downloads are available as teaching aids.