Price Theory and Applications

ISBN-10: 0136997368
ISBN-13: 9780136997368
Series: Price Theory and Applications
Pages: 574
Language: English
Published: 1984
Publisher: Prentice-Hall
Author: Jack Hirshleifer

Description

Rich with examples, this reality-based economics book continues its pioneering approach at integrating theory and applications, showing how macroeconomic analysis sheds light on market behavior, guides personal and financial decisions, and explains behavior in such areas as politics, crime, and the family. Presents over 100 topically varied, boxed 'Examples' which illustrate how economic models and principles help explain real-world phenomena, and intersperses more in-depth 'Applications' throughout, extending basic theory to topics of special interest, such as the economics of charitable contributions, the effects of import quotas, and minimum wage laws. Includes discussions and applications of economic analysis to historical phenomena; numerous non-US examples and illustrations; studies of topics and data from anthropology, law, biology, psychology, and other social sciences. Sixth Edition now analyzes time as a constraint upon consumption, provides a systematic introduction to the theory of games, and updates extensively throughout, with many new examples.For economists.