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Microeconomic Theory Old and New
John M. Gowdy
€ 154.48
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Description for Microeconomic Theory Old and New
hardcover. This book presents the core model of contemporary economic theory and policy, Walrasian economics, and presents a systematic behavioral and theoretical critique of that system. Num Pages: 208 pages, 1 table, 45 figures, 14 illustrations. BIC Classification: KCC. Category: (U) Tertiary Education (US: College). Dimension: 5817 x 3887 x 458. Weight in Grams: 454.
Microeconomic Theory Old and New: A Student's Guide has two main goals. The first is to give advanced undergraduate and graduate students an understanding of the core model of economics: Walrasian general equilibrium theory. The text presents in detail the three building blocks of Walrasian theory—establishing Pareto efficiency in a barter economy, establishing the efficiency of competitive markets, and accounting for market failure. Each is discussed verbally, graphically, and using mathematics. After reading this book, students will have an understanding of how the seemingly disparate pieces of conventional economics fit together as a system. Although the text focuses on the ... Read more
Microeconomic Theory Old and New: A Student's Guide has two main goals. The first is to give advanced undergraduate and graduate students an understanding of the core model of economics: Walrasian general equilibrium theory. The text presents in detail the three building blocks of Walrasian theory—establishing Pareto efficiency in a barter economy, establishing the efficiency of competitive markets, and accounting for market failure. Each is discussed verbally, graphically, and using mathematics. After reading this book, students will have an understanding of how the seemingly disparate pieces of conventional economics fit together as a system. Although the text focuses on the ... Read more
Product Details
Format
Hardback
Publication date
2009
Publisher
Stanford University Press United States
Number of pages
208
Condition
New
Number of Pages
205
Place of Publication
Palo Alto, United States
ISBN
9780804758833
SKU
V9780804758833
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About John M. Gowdy
John M. Gowdy is the Rittenhouse Teaching Professor of Humanities and Social Science in the Department of Economics at Rensselaer Polytechnic Institute. He is President of the International Society for Ecological Economics 2010-2011. Gowdy has published nine other books, including Paradise for Sale: A Parable of Nature, co-authored with Carl McDaniel.
Reviews for Microeconomic Theory Old and New
"This is an excellent and timely guide for students on the evolution of microeconomic theory. John Gowdy has done an outstanding job of identifying how Walrasian theory has long since outlived its usefulness and previews where economics is, and should be, going. This is essential reading for economists of all stripes."
Barry Solomon
Michigan Technological University
Barry Solomon
Michigan Technological University