Modern Microeconomics (Intl)

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9780333778210: Modern Microeconomics (Intl)
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This book provides a thorough exposition of the traditional and the 'modern' micro-theory. It concentrates on the models of behaviour of the basic economic units, consumers and producers. The main emphasis is on oligopoly, which is the typical market structure of the modern industrial world. In addition, this Second Edition includes a third part covering the three important topics of the theory of factor pricing, general equilibrium theory and welfare theory. The new edition thus covers all the topics usually included in textbooks on price theory.
The book is written at an intermediate level, and is designed for undergraduate micro-theory courses. In addition, postgraduate courses, in which micro theory is taught not at too specialized a level, could make use of the text. The author has adopted the verbal approach, with extensive use of diagrams to illustrate the verbal exposition. Mathematical proofs (where necessary) are presented in footnotes, or, when in the text, they are printed in small print so as not to interrupt the main theme.
A wealth of features make this textbook unique in both coverage and approach.

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About the Author:

A. KOUTSOYIANNIS (PhD, University of Manchester), sometime Professor of Economics at the University of Ottawa, Ontario. Previously Professor of Economics at the University of Waterloo which gave her its 'Distinguished Teacher Award'. During 1968 - 73 Dr Koutsoyiannis was Senior Lecturer and subsequently Reader in Economics at the University of Lancaster. From 1962-68 the author taught in Greece and was Senior Project Director at the Centre of Planning and Economic Research, Athens.

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Content, style and academic level combine to make this a book that is well-aimed at a large market, second and third year basic microeconomic courses for specialist economists and for joint honours students.' - Times Higher Education Supplement

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A. Koutsoyiannis
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Book Description Atlantic Publishers & Distributors (P) Ltd, 2015. Softcover. Condition: New. Microeconomics is that branch of economics that studies the behaviour of consumers and producers (economic units), as individuals and as groups, in making decisions regarding the allocation of limited resources. Originally published in 1975, Modern Microeconomics 2e,Koutsoyiannis helps the reader examine the decisions and behaviour of economic units, which influence the supply and demand for goods and services, which in turn, determine prices and vice-versa. The text uses traditional microeconomic theory as a starting point to this analysis before culminating in a study of oligopoly, which is a market form that is dominated by a limited number of sellers. The book analyses market mechanisms that influence allocation of resources amongst their many uses as well as the factors that influence prices of goods and services by examining the theory of factor pricing, general equilibrium theory, welfare theory, and price theory. Koutsoyiannis uses diagrams extensively to illustrate her explanation of microeconomic theory thereby providing for easy readability and comprehension. Modern Microeconomics 2e,Koutsoyiannis is considered an important text among standard microeconomic textbooks for its treatment of oligopoly as the norm rather than the exception in the modern industrial world. It is written at an intermediate level and is designed for undergraduate economics courses. It is also of use to postgraduate students and individuals preparing for national competitive exams. Printed Pages: 0. Seller Inventory # 84802

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Book Description Atlantic Publishers & Distributors (P) Ltd, 2015. Softcover. Condition: New. Microeconomics is that branch of economics that studies the behaviour of consumers and producers (economic units), as individuals and as groups, in making decisions regarding the allocation of limited resources. Originally published in 1975, Modern Microeconomics 2e,Koutsoyiannis helps the reader examine the decisions and behaviour of economic units, which influence the supply and demand for goods and services, which in turn, determine prices and vice-versa. The text uses traditional microeconomic theory as a starting point to this analysis before culminating in a study of oligopoly, which is a market form that is dominated by a limited number of sellers. The book analyses market mechanisms that influence allocation of resources amongst their many uses as well as the factors that influence prices of goods and services by examining the theory of factor pricing, general equilibrium theory, welfare theory, and price theory. Koutsoyiannis uses diagrams extensively to illustrate her explanation of microeconomic theory thereby providing for easy readability and comprehension. Modern Microeconomics 2e,Koutsoyiannis is considered an important text among standard microeconomic textbooks for its treatment of oligopoly as the norm rather than the exception in the modern industrial world. It is written at an intermediate level and is designed for undergraduate economics courses. It is also of use to postgraduate students and individuals preparing for national competitive exams. Printed Pages: 0. Seller Inventory # 84802

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