Principles Of Microeconomics(2nd Edition)
Authors:
N. Gregory Mankiw
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Book details
ISBN: 9780030293160
Book publisher: Harcourt College Pub
Book Summary: This Textbook Provides A Comprehensive And Unique Introduction To Modern Microeconomics. It Adopts An Integrative Approach, Positioning The Main Findings Of Economics In A Broader Context. It Critically Reflects On Theories From A Philosophical Standpoint And Compares Them To Approaches Found In The Social Sciences, While At The Same Time Highlighting The Implications For The Design Of Legal Systems And Business Practices.Intended For Undergraduate Students, The Book Presents Brief Examples And Comprehensive Case Studies To Help Them Grasp The Real-world Implications Of The Theories. As Such, It Is Suitable For An Applied, Yet Technically Precise Approach To Teaching Microeconomics, As Well As For A Critical Review Of The Economic Mainstream. Starting From The Question As To Why And How Societies Organize Economic Activity, It Analyzes The Potential And Limitations Of Various Types Of Market With Regard To Alleviating Scarcity And Achieving Distributive Objectives, From An Institutional Perspective.This Second Edition Systematically Expands On Decision Theory By Including Chapters On Traditional Decision Theory Under Risk And Uncertainty, And On Behavioral Economics, As Well As A Chapter Presenting Findings From The Neurosciences, Evolutionary Psychology, And Narrative Psychology. Furthermore, There Are Theoretical Additions, Along With Updated Case Studies And Examples – From
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