Test economic theory and then apply it. Microeconomics utilizes empirical research to help answer two critical questions often asked, "Do people and firms really act as theory suggests?" and "How can someone use microeconomics in a practical way?"
Austan D. Goolsbee serves as a member of the US Census-Advisory Committee, a research associate for the National Bureau of Economic Research, a research fellow for the American Bar Foundation, a columnist for the New York Times and an economic advisor to Barack Obama. Steven Levitt is the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago, USA. Chad Syverson's research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity.
Table of Contents
1. Adventures in Microeconomics 2. Supply and Demand 3. Using Supply and Demand to Analyze Markets 4. Consumer Behavior 5. Individual and Market Demand 6. Producer Behavior 7. Costs 8. Supply in a Competitive Market 9. Market Power and Monopoly 10. Market Power and Pricing Strategies 11. Imperfect Competition 12. Game Theory 13. Factor Markets 14. Investment, Time, and Insurance 15. General Equilibrium 16. Asymmetric Information 17. Externalities and Public Goods 18. Behavioral and Experimental Economics
Microeconomics by Austan Goolsbee
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