Producers, Consumers, and Partial Equilibrium
Producers, Consumers, and Partial Equilibrium

Author: David Mandy

Publisher: Academic Press

Published: 2016-11-26

Total Pages: 424

ISBN-13: 0128110244

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Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The book maintains a sharp focus on the properties of outcomes from optimizing behavior in varying environments. These properties are the refutable hypotheses from each optimization behavioral postulate, and they form the core content of this positive economic theory. In so doing, the book presents and documents the underlying formal structure of the theory with a higher degree of integration and completeness than is typical of Ph.D. textbooks in microeconomics. - Includes comprehensive, focused and unified coverage of the mathematics required for the core theories of producer and consumer choice, and partial equilibrium - Presents a generalized envelope theorem as a key source of refutable hypotheses - Delineates the role of active versus inactive constraints in generating refutable hypotheses - Discusses convex functions in economic optimization environments - Presents the full formal details of core producer and consumer and producer theory in a unified and systematic manner - Emphasizes the refutable hypotheses resulting from behavioral postulates and the completeness (duality) of those hypotheses for the postulated behavior within microeconomics - Includes end-of-chapter exercises, full index, and an instructor's solutions manual - Includes a concordance that matches its chapters with those of major textbooks

Handbook of Research Methods and Applications in Economic Geography
Handbook of Research Methods and Applications in Economic Geography

Author: Charlie Karlsson

Publisher: Edward Elgar Publishing

Published: 2015-02-27

Total Pages: 661

ISBN-13: 0857932675

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The main purpose of this Handbook is to provide overviews and assessments of the state-of-the-art regarding research methods, approaches and applications central to economic geography. The chapters are written by distinguished researchers from a variet

Natural Resources as Capital
Natural Resources as Capital

Author: Larry Karp

Publisher: MIT Press

Published: 2017-10-27

Total Pages: 433

ISBN-13: 0262534053

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An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses.

Plant Pest Risk Analysis
Plant Pest Risk Analysis

Author: Christina Devorshak

Publisher: CABI

Published: 2012

Total Pages: 322

ISBN-13: 9781780641997

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This text provides instruction on the concepts and application of risk analysis in the field of regulatory plant protection, covering topics such as the background on why and how risk analysis is conducted and specific methods for implementing risk analysis. This book also provides useful exercises and case studies to aid students of plant pathology and crop protection in their absorption of the subject. Equally useful for practitioners, this book is written by experts with a wealth of national and international experience. Students of plant pathology and crop protection as well as practitione.

Lecture Notes In International Trade Theory: Classical Trade And Applications
Lecture Notes In International Trade Theory: Classical Trade And Applications

Author: Larry S Karp

Publisher: World Scientific

Published: 2021-12-08

Total Pages: 303

ISBN-13: 9811249881

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Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple across different markets, e.g. commodity and factor markets. The Author applies these ideas to environmental and natural resource problems, including pollution 'leakage' (where pollution reductions in one country are offset by trading partners' increased pollution) and imperfect property rights. Other applications include the general equilibrium effects of commodity and trade taxes, international transfers (the 'transfer problem'), minimum wage constraints, and immiserizing growth. The Author assumes that students have some experience in formulating and answering comparative statics questions in an optimization setting. Building on these skills, and developing the idea of stability in an equilibrium setting (the Marshall Lerner condition), students learn how to formulate and answer comparative static questions in trade models.

Revolution Or Renaissance
Revolution Or Renaissance

Author: D. Paul Schafer

Publisher: University of Ottawa Press

Published: 2008-04-29

Total Pages: 320

ISBN-13: 0776617737

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In Revolution or Renaissance, D. Paul Schafer subjects two of the most powerful forces in the world – economics and culture – to a detailed and historically sensitive analysis. He argues that the economic age has produced a great deal of wealth and unleashed tremendous productive power; however, it is not capable of coming to grips with the problems threatening human and non-human life on this planet. After tracing the evolution of the economic age from the publication of Adam Smith's The Wealth of Nations in 1776 to the present, he turns his attention to culture, examining it both as a concept and as a reality. What emerges is a portrait of the world system of the future where culture is the central focus of development. According to Schafer, making the transition from an economic age to a cultural age is imperative if global harmony, environmental sustainability, economic viability, and human well-being are to be achieved.

Public Finance
Public Finance

Author: Richard W. Tresch

Publisher: Academic Press

Published: 2014-11-10

Total Pages: 535

ISBN-13: 0124160336

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Public Finance remains the premier textbook on the normative theory of government policy, with the third edition propelling into the twenty-first century its examination of what government ought to be doing instead of what it is doing. The welfare aspects of public economics receive extensively renewed examination in this third edition. With four new chapters and other significant revisions, it presents detailed and comprehensive coverage of theoretical literature, empirical work, environmental issues, social insurance, behavioral economics, and international tax issues. With increased emphasis on the European Union, it is rigid enough for use by PhDs while being accessible to students less well trained in math. - Moves skillfully from explaining normative theory to applying it in mathematically compact and precise terms - Adds new chapters on social insurance, medical care, social security pensions, behavioral public economics, and international public finance - Includes new pedagogical supplements, including end-of-chapter questions and answers - Emphasizes European examples

International Economics: A Heterodox Approach
International Economics: A Heterodox Approach

Author: Hendrik Van den Berg

Publisher: Routledge

Published: 2014-12-18

Total Pages: 1151

ISBN-13: 1317467531

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Now in its third edition, this textbook covers all of the standard topics taught in undergraduate International Economics courses. However, the book is unique in that it presents the key orthodox neoclassical models of international trade and investment, whilst supplementing them with a variety of heterodox approaches. This pluralist approach is intended to give economics students a more realistic understanding of the international economy than standard textbooks can provide.

Mighty Microeconomics
Mighty Microeconomics

Author: Michihiro Kandori

Publisher: Cambridge University Press

Published: 2023-06-30

Total Pages: 454

ISBN-13: 1009204807

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Economics helps us to understand that certain slick mechanisms are operating beyond what we see in our daily economic lives. To fully understand and appreciate these mechanisms, we need to master the core mathematical theories, some of which are highly advanced and typically covered in a graduate course. This textbook presents those theories without compromising rigor, but, at the same time, the author offers a number of innovative pedagogical twists that make the difficult materials completely accessible to undergraduate students, and even to general readers. Written in a chatty, colloquial style, the author explains basic messages and core insights that are usually hidden between the lines. The usefulness of these theories is shown through a number of real-life examples, and, in the end, the readers can see that the mathematical models provide deep insights into social justice and philosophy. This book helps readers to think like an economist.