The Structure of Economics: A Mathematical Analysis - Softcover

Silberberg, Eugene; Suen, Wing

Softcover

ISBN 10: 0071181369 ISBN 13: 9780071181365

Publisher: McGraw-Hill Education, 2000

Synopsis

Title: Structure of Economics <>Binding: Paperback <>Author: Silberberg, Eugene <>Publisher: MCGRAW-HILL Higher Education

About this title

From the Publisher:

New author Wing Suen has contributed two new chapters, Contracts and Incentives (15) and Markets with Imperfect Information (16). The economics of information has been at the center stage of microeconomic research in the past two decades. These new chapters bring the fruits of this research to a level approachable by senior undergraduates or incoming graduate students. Too often, research in information economics has stressed generality at the expense of deriving useful results. The two new chapters offer a fresh perspective on these models by emphasizing their observable implications, i.e. their implications that could in principle be tested with actual data.
By using only elementary calculus and beginning matrix theory (Cramer's Rule), even the advanced topics in contract and information theory, as well as the traditional topics of consumer and producer theory are made accessible to advanced undergraduates and beginning graduate students.
Numerous classroom-tested revisions and clarifications of the existing material have been incorporated into the text.
Through careful pruning of older material, the book has maintained its current manageable size.
The text maintains the informal tone and its emphasis on intuitive understanding of the mathematical analysis. The authors derive interesting results with only elementary mathematical tools.
The text assumes knowledge only of calculus of one variable. The required tools in multivariable calculus are developed in the text in an intuitive and informal manner, in the context of the useful models in economics.
The text retains its focus on comparative statics as the core methodology of economic science. This edition continues to explain to students the types of maximization models that are useful, that is, those that are capable of deriving observable, refutable implications from a maximization hypothesis.
Unlike texts such as Chiang, which are 'math for economists' texts, The Structure of Economics is an economics text, with the emphasis on how mathematical tools are used by economists to derive useful results. The mathematical requirements for this text are higher than those for Chiang.

From the Author:

Great book for inicial students (U.N.L.P.)*****
It is a good book to learn all about elementhal microeconomics. I am so happy because I could read it all alone and I had understood everything. Thank you, Eugene.

About this edition

• Publisher: McGraw-Hill Education
• Publication date: 2000
• ISBN 10: 0071181369
• ISBN 13: 9780071181365
• Binding: Paperback
• Edition number: 3
• Number of pages: 704