Microeconomics with spreadsheets
Material type: TextPublication details: World Scientific Publishing Singapore 2024Description: xiii, 187 pISBN:- 9780000991669
- 338.5 BAS
Item type | Current library | Collection | Call number | Copy number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|---|
Book | Indian Institute of Management LRC General Stacks | Public Policy & General Management | 338.5 BAS (Browse shelf(Opens below)) | 1 | Available | 007043 |
Table of content:
ng a numerical method one should also prove that a solution exists and analyse whether it is unique, and therefore be able to interpret properly the output of a program.
Contents:
Mathematical Preliminaries:
Constraint Optimization
Market Interactions:
The Consumer Theory
The Producer Theory
General Equilibrium
Choice and Uncertainty
Strategic Interactions:
Game Theory
Theory of Imperfect Competition and Industry Structure
The Economics of Information:
Hidden Information Models
Hidden Action
Introduction to Auctions
Mathematical Appendix:
The Formal Logic
Basics of Set Theory
Solutions of Some Equations Systems of Simultaneous Equations
Basics of Calculus
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Microeconomics studies the choices made by individuals under conditions of scarcity of resources and time and the interaction between different decision makers. Scarcity forces economic actors to choose one opportunity among many. Microeconomics with Spreadsheets starts with the mathematical preliminaries and covers consumer theory, producer theory, general equilibrium, game theory, market structure and economics of information.
The reader will use numerical tools to analyse problems that cannot be analysed analytically. There is a natural synergy between rigorous proofs and numerical methods, since before using a numerical method one should also prove that a solution exists and analyse whether it is unique, and therefore be able to interpret properly the output of a program.
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