ISBN: 9781334430954 - applied microeconomics (classic reprint): problems in estimation, forecasting, and decision-making; instructor's manual: problems in estimation, ... instructor's manual (classic reprint) (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book examines various methods and concepts that students can employ to supplement courses in microeconomics. It can also aid managerial economics coursework at the intermediate level. The author assumes the reader is acquainted with basic calculus and has access to multiple regression computer software. The book chiefly discusses demand and cost curve estimation, forecasting, and game theory as applied to industry equilibrium. Beginning with an introduction to the book's core tools and ideas, the author delves into estimation exercises for demand curves and cost functions. It then moves on to forecasting industry equilibrium under monopoly and competitive conditions, as well as oligopoly price determination. The final exercise involves using the estimated demand and cost schedules to simulate the results of several periods of play in an oligopoly game. Throughout, the author emphasizes learning to use powerful tools and concepts in straightforward but nontrivial situations. These same approaches can be applied to more intricate problems, though not as easily as they can be used here. The hope is that working on relatively simple problems will make it easier for the student when they face a more complicated situation of the same basic type. This book is a valuable resource for students seeking to augment intermediate microeconomics courses. Its focus on accessible concepts and step-by-step exercises provides a solid foundation for those looking to study microeconomic theory or managerial economics. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…