Modern principles : microeconomics
Material type: TextLanguage: English Publication details: New York : Worth Publisher, 2024. Edition: 6th edDescription: xxiv, 516p. : illISBN: 9781319544379Subject(s): MicroeconomicsDDC classification: 330.101.542 Online resources: Reviews Summary: There's a common view that "all micro texts are the same," but we believe that innovation is possible! We offer a whole chapter on incentive design, with many business and real world applications from choosing salaries or piece rates to setting up an ideal tournament. Business applications are also extensive in our chapter on price discrimination, which covers tying and bundling as well as direct price discrimination. We cover political economy extensively and also have a whole chapter on normative judgments; it covers the assumptions behind cost-benefit analysis, the idea of a Pareto improvement, and the different ethical judgments that have been used to praise or condemn economic reasoning. We knew that our efforts to reflect modern microeconomics would be wasted if we reached only a small percentage of the students. We had to make the material simpler, more compelling, and more intuitive. We had to bring economic reasoning to life. We also knew that we were writing for a generation that doesn't always have the patience for slow delivery. We had to get to the point. Those are just some of the reasons why we call our text Modern Principles: Microeconomics . We have taken modern advances in economics and we have integrated them throughout the text. We are unabashedly enthusiastic about economics and we work hard to enthuse students with the economic way of thinking so that they too internalize it for the rest of their lives. We hope you will see that this text provides the best coverage of what it means to think like an economist.-From the authorsItem type | Current library | Call number | Status | Date due | Barcode |
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Book | NISER LIBRARY | 330.101.542 COW-M (Browse shelf(Opens below)) | Available | 25198 |
Browsing NISER LIBRARY shelves Close shelf browser (Hides shelf browser)
330.101.542 BAU-M Macroeconomics: theory and applications | 330.101.542 BLA-M Macroeconomics | 330.101.542 COW-M Modern principles of microeconomics | 330.101.542 COW-M Modern principles : microeconomics | 330.101.542 GUP-M Macroeconomics: theory and applications | 330.101.542 MOC-I Intermediate microeconomics | 330.101.542 NGU-E Essentials of microeconomics |
There's a common view that "all micro texts are the same," but we believe that innovation is possible! We offer a whole chapter on incentive design, with many business and real world applications from choosing salaries or piece rates to setting up an ideal tournament. Business applications are also extensive in our chapter on price discrimination, which covers tying and bundling as well as direct price discrimination. We cover political economy extensively and also have a whole chapter on normative judgments; it covers the assumptions behind cost-benefit analysis, the idea of a Pareto improvement, and the different ethical judgments that have been used to praise or condemn economic reasoning. We knew that our efforts to reflect modern microeconomics would be wasted if we reached only a small percentage of the students. We had to make the material simpler, more compelling, and more intuitive. We had to bring economic reasoning to life. We also knew that we were writing for a generation that doesn't always have the patience for slow delivery. We had to get to the point. Those are just some of the reasons why we call our text Modern Principles: Microeconomics . We have taken modern advances in economics and we have integrated them throughout the text. We are unabashedly enthusiastic about economics and we work hard to enthuse students with the economic way of thinking so that they too internalize it for the rest of their lives. We hope you will see that this text provides the best coverage of what it means to think like an economist.-From the authors
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