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Microeconomics

By: Acemoglu, DaronContributor(s): List, John A | Laibson, David IMaterial type: TextTextPublication details: New Delhi Pearson 2019Description: 483pISBN: 9789353435950Subject(s): Economics | Macroeconomics | MicroeconomicsDDC classification: 338.5 Summary: Acemoglu, Laibson, List: An evidence-based approach to economics Throughout Microeconomics , authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them. Taking a fresh approach, the authors use the themes of optimization, equilibrium and empiricism to illustrate the power of simple economic ideas, and their ability to explain, predict, and improve what happens in the world. Each chapter begins with an empirical question that is later answered using data in the Evidence-Based Economics feature. As a result of the text’s practical emphasis, students will learn to apply economic principles to guide the decisions they make in their own lives.
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Item type Current library Collection Call number Status Date due Barcode Item holds
Books Books IIMJ Library
General Stacks
Non-fiction 338.5 ACE (Browse shelf (Opens below)) Available 3526
Books Books Jallo Chak Campus Library
General Stacks
Non-fiction 338.5 ACE (Browse shelf (Opens below)) Available 3525
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I. Introduction to Economics
1. The Principles and Practice of Economics
2. Economic Methods and Economic Questions
3. Optimization: Doing the Best You Can
4. Demand, Supply, and Equilibrium

II. Foundations of Microeconomics
5. Consumers and Incentives
6. Sellers and Incentives
7. Perfect Competition and the Invisible Hand
8. Trade
9. Externalities and Public Goods
10. The Government in the Economy: Taxation and Regulation
11. Markets for Factors of Production

III. Market Structure
12. Monopoly
13. Game Theory and Strategic Play
14. Oligopoly and Monopolistic Competition

IV. Extending the Microeconomic Toolbox
15. Trade-offs Involving Time and Risk
16. The Economics of Information
17. Auctions and Bargaining
18. Social Economics

Web Chapter 1. Financial Decision Making
Web Chapter 2. Economics of Life, Health, and the Environment
Web Chapter 3. Political Economy

Acemoglu, Laibson, List: An evidence-based approach to economics
Throughout Microeconomics , authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them.

Taking a fresh approach, the authors use the themes of optimization, equilibrium and empiricism to illustrate the power of simple economic ideas, and their ability to explain, predict, and improve what happens in the world. Each chapter begins with an empirical question that is later answered using data in the Evidence-Based Economics feature. As a result of the text’s practical emphasis, students will learn to apply economic principles to guide the decisions they make in their own lives.

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