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Microeconomic Foundations I Vol. 1 : Choice and Competitive Markets by David M. Kreps (2012, Hardcover)

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Microeconomic Foundations I Vol. 1: Choice and Competitive Markets by David M. Kreps is a comprehensive textbook on microeconomics, focusing on the principles of choice and competitive markets. Published by Princeton University Press in 2012, this hardcover book spans 584 pages and is written in English. It delves into the theory of microeconomics, making it a valuable resource for students and professionals in the field of business and economics. With detailed explanations and insights, this book is sure to be a valuable addition to any library focusing on economic theory and microeconomics.

About this product

Product Identifiers

PublisherPrinceton University Press

ISBN-100691155836

ISBN-139780691155838

eBay Product ID (ePID)117267913

Product Key Features

Number of Pages584 Pages

Publication NameMicroeconomic Foundations I Vol. 1 : Choice and Competitive Markets

LanguageEnglish

Publication Year2012

SubjectEconomics / Microeconomics, Economics / Theory

TypeTextbook

Subject AreaBusiness & Economics

AuthorDavid M. Kreps

FormatHardcover

Dimensions

Item Height1.6 in

Item Weight44.2 Oz

Item Length10.2 in

Item Width7.4 in

Additional Product Features

Intended AudienceCollege Audience

LCCN2012-011926

Dewey Edition23

Reviews"This book is a gold mine for students--or teachers--who wish to learn the foundations of modern economics. David Kreps's creative contributions to finance, game theory, and decision theory have transformed those fields, and this book reveals part of his technology: a deep understanding of the foundations of modern microeconomics. If you want to improve or revolutionize economics, you must first master the foundations. This book--and a lot of hard work--will help you get there." --Thomas J. Sargent, Nobel Laureate in Economics, "Kreps sets out the theories of individual choice and competitive markets precisely yet readably, even entertainingly, while anticipating and carefully answering many of the questions of interpretation and motivation that even the best texts seldom fully answer. It is difficult to imagine a student, or scholar, who would not gain from this masterful treatment." --Vincent P. Crawford, University of Oxford, "Kreps's new textbook fills an important gap by presenting microeconomics for graduate students in a way that is insightful, clear, and rigorous. Most importantly, it presents the material not as a complete theory to be learned, but as a work in progress, waiting to be improved upon by the generation that has just arrived." --Muhamet Yildiz, Massachusetts Institute of Technology

IllustratedYes

Dewey Decimal338.5

SynopsisMicroeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them.* Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools * Complements standard texts * Covers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topics * Features a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problems * Contains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming, Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them. Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools Complements standard texts Covers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topics Features a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problems Contains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming, Provides a treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools. This title develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in complete mathematical form., A guide to mastering microeconomic theory Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them. Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools Complements standard texts Covers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topics Features a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problems Contains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming

LC Classification NumberHB172.K744 2013