Microeconomic theory /
Many instructors of microeconomic theory have been waiting for a text that provides balanced and in-depth analysis of the essentials of microeconomics. Masterfully combining the results of years of teaching microeconomics at Harvard University, Andreu Mas-Colell, Michael Whinston, and Jerry Green ha...
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| Format: | Book |
| Language: | English |
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New York, N.Y. :
Oxford University Press,
1995
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Table of Contents:
- Pte I: Individual decision-making: 1. Preference and Choice: A. Introduction.
- B. Preference Relations.
- C. Choice Rules.
- D. The Relationship between Preference Relations and Choice Rules.
- 2. Consumer Choice: A. Introduction.
- B. Commodities.
- C. The Consumption Set.
- D. Competitive Budgets.
- E. Demand Functions and Comparartive Statics.
- F. The Weak Axiom of Revealed Preference and the Law of Demand.
- 3. Classical Demand Theory: A. Introduction.
- B. Preference Relations: Basic Properties.
- C. Preference and Utility.
- D. The Utility Maximization Problem.
- E. The Expenditure Minimization Problem.
- F. Duality: A Mathematical Introduction.
- G. Relationships between Demand, Indirect Utility, and Expenditure Functions.
- H. Integrability.
- I. Welfare Evaluation of Economic Changes.
- J. The Strong Axiom of Revealed Preference.
- Appendix: Continuity and Differentiability Properties of Walrasian Demand.
- 4. Aggregate Demand: A. Introduction.
- B. Aggregate Demand and Aggregate Wealth.
- C. Aggregate Demand and the Weak Axiom.
- D. Aggregate Demand and the Existence of a Representative Consumer.
- Appendix: Regularizing Effects of Aggregation.
- 5. Production: A. Introduction.
- B. Production Sets.
- C. Profit Maximization and Cost Minimization.
- D. The Geometry of Cost and Supply in the Single Output Case.
- E. Aggregation.
- F. Efficient Production.
- G. Remarks on the Objectives of the Firm.