Microeconomics 9

A Nobel Prize winner's most important, groundbreaking work, collected in one volume The Firm, the Market, and the Law gathers the most important and lasting works by Nobel Prize-winning economist Ro……続きを見る

This book primarily discusses what could make the economy remain stable and increase the level of coordination, both on the demand and supply side, a fascinating question for economists. In this con……続きを見る

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The Political Economy of Terrorism presents a widely accessible political economy approach to the study of terrorism. It applies economic methodology – theoretical and empirical – combined with poli……続きを見る

This book presents comprehensive coverage of project finance in Europe and North America. The Second Edition features two new case studies, all new pedagogical supplements including end-of-chapter q……続きを見る

Global Widgets Corp is a manufacturing company that builds standardized galvanized metal benches for sports arenas and stadiums. It operates three manufacturing facilities; in the U.S., in South Ame……続きを見る

The book examines the contemporary art system with a broad and systematic approach, through the application of models of microeconomics and industrial organizations. By breaking down the traditional……続きを見る

A company in an oligopolistic industry has identified two sets of demand curves. If the company is the only one that changes prices (that is, other companies don’t follow its lead), its demand curve……続きを見る

Leisure-Time boats is a manufacturer of mid-to-high end boats with 12 sales territories throughout the U.S. Sales are generated by salespeople in each territory who develop relationships with boatin……続きを見る

Increasing prescription drug cost-sharing by patients - in the form of increasing copayments - is one of the most striking, and controversial, developments in the health sector over recent years. Th……続きを見る

Given cellar capacity constraints, The Kalamazoo Brewing Company (KBC) currently sells its microbrews in a seven-state area. The company’s marketing department has collected data from its distributo……続きを見る

This collection of 22 commissioned essays from scholars across numerous fields responded to the question: What are the most fundamental things you can say concerning the interrelations between the i……続きを見る

"Illustrate each of the following events using a demand and supply diagram for bananas. a. Reports surface that imported bananas are infected with a deadly virus. b. Consumers' incomes drop. c. The ……続きを見る

Consider a monopoly with a cost function of .  Its output is sold to two different markets:  US and Europe with the following demand functions.続きを見る

This book is unique in that it offers the first truly rigorous application of economic principles to its subject. The authors analyse:* the economic literature on sporting leagues* the demand for pr……続きを見る

Calculate the Long run industry supply curve for a constant-cost industry, Marginal cost, Average total cost, output.続きを見る

Managing the Building Design Process explains the designer’s role in the creation of new buildings from the development of the plan through to completion. One key case study is used throughout the b……続きを見る

This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it e……続きを見る

Technology and technical change is sector- and industry-specific, embedded by locational institutions and organizations, and integrated in global networks. It is non-linear in its emergence and move……続きを見る

Austrian economics is often criticized as being hostile to empirical research and seen purely as an ideology. In contrast, the purpose of this book is to show that Austrian economics provides an int……続きを見る

The making and consuming of tourism takes place within a complex social milieu, with competing actors drawing into the ‘product’ peoples’ history, culture and lifestyles. Culture and people thus bec……続きを見る

This book seeks to explain the global financial crisis and its wider economic, political, and social repercussions, arguing that the 2007-9 meltdown was in fact a systemic crisis of the capitalist s……続きを見る

The Schumpeterian process of creative destruction is an essential ingredient of a dynamic economy. In many countries around the world however this process is weakened by pervasive regulation of prod……続きを見る

This book explains how, and why, economics has been applied to a terrible pandemic, using a range of examples mostly drawn from the region most affected, sub-Saharan Africa. Part I shows that microe……続きを見る

"a. Calculate the price elasticity of demand at the prices 80, and 100. b. Calculate the price elasticity of supply at the prices 80, and 100. c. What is the equilibrium price and quantity? Ex……続きを見る

"a) At this output level, calculate the average cost and the marginal cost. b) Draw a diagram showing the current situation of the firm. c) In addition to the above information, suppose the price of……続きを見る

You are the economic consultant to the 5 perfectly competitive firms below. You must advise them on the appropriate action whether to continue, increase output, decrease output or to shut down to ta……続きを見る

"a. For the product shown, assume that the minimum point of each firm’s average variable cost curve is at $2. Construct a demand and supply diagram for the product and indicate the equilibrium……続きを見る

This book aims to explain to the readers the basic idea of the general equilibrium theory, which forms the core of the current mainstream economics called neoclassical school. To understand this the……続きを見る

Developments of International Trade Theory offers the life-long reflections of a distinguished Japanese scholar who pioneered the application of general equilibrium theory to international trade. Wr……続きを見る