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Author: William J. Baumol
Publisher:
ISBN: 9788120301412
Category : Economics
Languages : en
Pages : 695
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Book Description
Author: William J. Baumol
Publisher:
ISBN: 9788120301412
Category : Economics
Languages : en
Pages : 695
Get Book Here
Book Description
Author: William J. Baumol
Publisher: Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 730
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Book Description
Analytic tools of optimization; Demand and production theory; Firms; games and decisions; General equilibrium; welfare and distribution.
Author: Baumol William J
Publisher:
ISBN: 9780876921418
Category : Economics
Languages : en
Pages : 695
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Book Description
Author: Jean-Pierre Aubin
Publisher: Courier Corporation
ISBN: 048646265X
Category : Mathematics
Languages : en
Pages : 658
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Book Description
Mathematical economics and game theory approached with the fundamental mathematical toolbox of nonlinear functional analysis are the central themes of this text. Both optimization and equilibrium theories are covered in full detail. The book's central application is the fundamental economic problem of allocating scarce resources among competing agents, which leads to considerations of the interrelated applications in game theory and the theory of optimization. Mathematicians, mathematical economists, and operations research specialists will find that it provides a solid foundation in nonlinear functional analysis. This text begins by developing linear and convex analysis in the context of optimization theory. The treatment includes results on the existence and stability of solutions to optimization problems as well as an introduction to duality theory. The second part explores a number of topics in game theory and mathematical economics, including two-person games, which provide the framework to study theorems of nonlinear analysis. The text concludes with an introduction to non-linear analysis and optimal control theory, including an array of fixed point and subjectivity theorems that offer powerful tools in proving existence theorems.
Author: YOGESH MAHESHWARI
Publisher: PHI Learning Pvt. Ltd.
ISBN: 812034667X
Category : Business & Economics
Languages : en
Pages : 366
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Book Description
For courses in managerial economics, this textbook, now in its third edition, is specifically designed for the students of management, commerce and economics to provide them with a thorough understanding of economic concepts and methodologies and the economic environment influencing managerial decisions. The book first lays a sound theoretical foundation of basic concepts, defi-nitions, and methodologies of economics, being an essential prerequisite for students to understand the theory of managerial economics. All the basic principles are introduced with mathematical complexity kept to minimum—essentials of applied mathematics needed for comprehending the under-lying ideas of models and theories of economics are covered. The book then moves on to systematically enumerates the various tools of analysis such as demand analysis, cost analysis, elasticity of demand, production analysis and price theory, and highlights their importance in managerial decision making through the concept-example format, wherein a concept discussed is immediately followed by a practical situation so that the reader can understand its application. The end-of-chapter questions reinforce a deeper understanding of the concepts introduced in the text. An exclusive chapter on linear programming emphasizes the importance of this mathematical tool in finding optimal business solutions. The book concludes with an exhaustive introduction to macroeconomics, analyzing in depth the concepts of inflation, income, savings and investments, and growth and employment in Indian context. New to the Third Edition Revised and expanded coverage of evolution of economic thought, and basic economic terms. An enriched inclusion of demand forecasting techniques, and the Cobb-Douglas production function. An extensive illustration of the commonly used pricing methods and market power. Value addition to the existing list of case studies to enhance students’ understanding of the theoretical concepts.
Author: William J. Baumol
Publisher: MIT Press
ISBN: 9780262022453
Category : Business & Economics
Languages : en
Pages : 332
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Book Description
This volume of seventeen previously published essays by William J. Baumol brings together work on the theory of contestable markets, welfare theory, antitrust, pricing, and the history of economic thought. Written between 1971 and 1983, they have sparked productive extensions and criticism in microeconomic theory and provide an engaging intellectual history of one of the leading figures in the field of economics. Baumol introduces each of the book's four parts, presenting his subsequent views on the subjects covered in the reprinted articles, including some important amendments.The book opens with an autobiographical essay that presents the intellectual climate of economics in the 1940s in which Kenneth Arrow, Frank Hahn, Martin Shubik, Otto Eckstein, and Gary Becker were beginning their careers. Baumol's introductory essays to the book's major sections take up the threads from this autobiographical piece and follow them to the development of concepts central to economic theory, applications, and methodology.Three essays in the first part provide an underpinning for the theory of contestable markets. In the second part five essays explore issues in welfare economics such as the role of diminishing and increasing returns may play the role of symmetric obstacles to Pareto optimality. Essays in the third part range from regulation and antitrust to urban economics to the Phillips curve and the pitfalls of using, in the analysis of real issues, dual values derived from linear models when the underlying reality is nonlinear. Those in the concluding part focus on the history of economic ideas such as the Smithian versus Marxian view of business morality and the social interest, the Marxian concept of value transformation, the iron law of wages, and Say's law.William J. Baumol is Professor of Economics by joint appointment at Princeton University and New York University.
Author: D. N. Dwivedi
Publisher: Pearson Education India
ISBN: 9788177586480
Category : Cost
Languages : en
Pages : 648
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Book Description
This book is intended to be a comprehensive and standard textbook for undergraduate students of Microeconomics. Apart from providing students with sufficient study material for examination purpose, it aims at making them understand economics. An effort has been made to explain abstract and complex microeconomic theories in a simple and lucid language without sacrificing analytical sophistication. The subject matter has been structured in a systematic manner without leaving gaps for the readers to fill in. Though the approach is non-mathematical, simple algebra has been used to give a concrete view of economic concepts and theories and to show the applicability of economic theories in decision making.
Author: James Mitchell Henderson
Publisher: New York : McGraw-Hill
ISBN:
Category : Economics, Mathematical
Languages : en
Pages : 312
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Book Description
Author: Gerald Schwarz
Publisher: Routledge
ISBN: 1134114133
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
Using Microsoft Excel, the market leading spreadsheet package, this book combines theory with modelling aspects and spreadsheet analysis. Microeconomics Using Excel provides students with the tools with which to better understand microeconomic analysis.It focuses on solving microeconomic problems by integrating economic theory, policy analysis and
Author: David de la Croix
Publisher: Cambridge University Press
ISBN: 9780521001151
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.
