Applied Consumption Analysis (Advanced Textbooks in Economics Volume 5)

279 pages. With tables & diagrams. With library stamps & labels. Crease in back free endpaper (top right hand corner) . Slight wear to spine, covers & corners.; "Applied Consumption Analysis (Advanced Textbooks in Economics Volume 5) " by Louis Phlips presents an in-depth exploration of consumer behavior and expenditure patterns, focusing on the quantitative analysis of how consumption is influenced by various economic variables. The book skillfully combines theoretical economic models with empirical data to explain the determinants of consumer demand. Phlips discusses a range of topics including income and price elasticity, demographic effects on consumption, and the role of consumer expectations in shaping spending behavior. The text also addresses more complex issues such as the aggregation of consumer preferences and the impact of market structure on consumption trends. Throughout the book, Phlips employs econometric techniques to validate theories and provide a solid foundation for the analysis of consumption data. This comprehensive approach not only offers insights into the microeconomic aspects of consumer decisions but also ties these decisions to broader economic phenomena. With its rigorous analytical framework, "Applied Consumption Analysis" serves as a valuable resource for students and researchers in economics, particularly those with an interest in how economic theory applies to consumer behavior in practical, real-world scenarios.; Ex-Library.…