An Introduction to the Economic Theory of Market Behavior: Microeconomics from a Walrasian Perspective

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Edward Elgar Publishing, Jan 1, 2006 - Business & Economics - 701 pages
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'This is an important, rigorous, and thoroughly engaging text on the economic theory of market behavior. It is unique in the attention devoted to the philosophical underpinnings and the historical background of the Walrasian Theory. Professor Katzner
 

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Contents

Introduction
1
11 A DESCRIPTION OF THE ECONOMY
2
12 THEORETICAL ANALYSIS
7
13 THE APPROACH
14
14 PLAN OF THE BOOK
22
15 ELASTICITY
27
The Theory of Demand Utility Maximization
35
21 PREFERENCES AND UTILITY6
38
Dynamics and Equilibrium
325
91 DYNAMIC ECONOMIC SYSTEMS
327
92 EXISTENCE OF EQUILIBRIUM PATHS
338
93 STABILITY OF EQUILIBRIUM PATHS
351
94 UNIQUENESS OF EQUILIBRIUM PATHS
365
Methodological Individualism and the Theory of Price Determination
375
101 METHODOLOGICAL INDIVIDUALISM
378
102 THE WALRASIAN SYSTEM
383

22 ORDINAL UTILITY CARDINAL UTILITY AND INTERPERSONAL COMPARISONS19
47
23 THE CLASSICAL MODEL OF UTILITY MAXIMIZATION
53
24 DIFFERENTIAL PROPERTIES OF DEMAND
65
Topics in Demand Theory
85
31 INTEGRABILITY
86
32 REVEALED PREFERENCES
92
33 FACTOR SUPPLIES
102
34 INDIVIDUAL WELFARE
106
Production and Cost
121
41 PRODUCTION FUNCTIONS
123
42 RETURNS TO SCALE
131
43 THE ELASTICITY OF SUBSTITUTION
150
44 COST MINIMIZATION
156
45 COST FUNCTIONS
164
Models of the Firm
181
51 THE SHORT RUN
184
52 THE LONG RUN
205
Markets in Isolation
225
61 THE SHORTRUN PERFECTLY COMPETITIVE MARKET
228
62 PERFECTLY COMPETITIVE MARKETS IN THE LONG RUN
233
63 TAXATION
237
Interacting Markets
249
71 SIMPLE EXCHANGE
252
72 THE GENERAL PRODUCTION ECONOMY
260
73 CIRCULATING MONEY
268
The FixedFactorSupply Economy
277
81 THE TRANSFORMATION SURFACE
280
82 OUTPUT SUPPLY AND FACTOR DEMAND
292
83 THE COMMUNITY UTILITY FUNCTION
304
84 EQUILIBRIUM
311
103 THE DETERMINATION OF PRICE
398
Imperfect Competition
413
111 THE SETTING
418
112 MONOPOLY
430
113 OTHER FORMS OF IMPERFECT COMPETITION
444
Economic Welfare
459
121 WELFARE FUNCTIONS
461
122 THE PARETO ORDERING
468
123 EQUILIBRIUM OPTIMALITY AND WELFARE MAXIMIZATION
487
124 THE MEASUREMENT OF WELFARE
500
Capital
519
131 INVESTMENTS AND RETURNS
523
132 MONEY CAPITAL REQUIREMENTS
527
133 FIRM BEHAVIOR
543
The Grand View
559
142 GOVERNMENT AND THE ECONOMY
567
143 WITH CAPITAL
573
Some Alternative Assumptions and Methods of Analysis
587
151 METHODS OF ANALYSIS
589
152 ASSUMPTIONS
595
153 CONCLUSION
605
Mathematical Notes
611
A2 RELATIONS
614
A3 FUNCTIONS
616
A4 SYSTEMS OF EQUATIONS
631
A5 DIFFERENTIAL EQUATIONS
635
Hints Partial Answers and Answers for Selected Exercises
641
Index
683
Copyright

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