Applied Microeconomics: Problems in Estimation, Forecasting (Classic Reprint)

Language: English

Published by Forgotten Books, 2018

1332620442 / 9781332620449

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book helps readers understand key microeconomic concepts, and offers a solid foundation for intermediary-level coursework in microeconomic theory or managerial economics. It is an ideal text for an introductory economics course at universities. The author assumes that readers have a working knowledge of elementary calculus. However, the tools and concepts needed are generally explained within the text, so readers don't need complete expertise prior to reading this book. This user-friendly guide focuses on understanding rather than mathematical rigor. This book also covers the theory of price determination in competitive and monopolistic markets and discusses the simple mathematics it is based on. Readers are asked to apply this theory to real-world situations. The final exercise involves making pricing decisions under conditions of oligopoly, where firms consider the behavior of competitors when making decisions. The author's hope is that working on simple problems will make it easier for students to handle more complex situations of the same basic type. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

Seller Inventory # 9781332620449_0

Title
Applied Microeconomics: Problems in Estimation, Forecasting (Classic Reprint)
Author
Richard L. Schmalensee
Publisher
Forgotten Books
Publication year
2018
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1332620442
ISBN 13
9781332620449
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Forgotten Books

London, United Kingdom

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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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