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Essential Microeconomics is designed to help students deepen their understanding of the core theory of microeconomics. Unlike other texts, this book focuses on the most important ideas and does not attempt to be encyclopedic. Two-thirds of the textbook focuses on price theory. As well as taking a new look at standard equilibrium theory, there is extensive examination of equilibrium under uncertainty, the capital asset pricing model, and arbitrage pricing theory. Choice over time is given extensive coverage and includes a basic introduction to control theory. The final third of the book, on game theory, provides a comprehensive introduction to models with asymmetric information. Topics such as auctions, signaling and mechanism design are made accessible to students who have a basic rather than a deep understanding of mathematics. Examples and diagrams are used to illustrate issues as well as formal derivations.

The first part of this book contains the material for a course in standard microeconomics and general equilibrium. These chapters contain the necessary background on commodities, consumers, producers, as well as the classical results about the existence of general (Walras) equilibria and the fundamentals of welfare theory. The second part of the book may be seen as a continuation dealing with more advanced topics. This textbook shows how the general equilibrium theory can be put into use to provide new insights into various fields of economic science. The reader does not need previous particular mathematical training; the formal approach is introduced in a piecemeal fashion, so that no difficult mathematics occurs in the beginning.

This unique text uses Microsoft Excel® workbooks to instruct students. In addition to explaining fundamental concepts in microeconomic theory, readers acquire a great deal of sophisticated Excel skills and gain the practical mathematics needed to succeed in advanced courses. In addition to the innovative pedagogical approach, the book features explicitly repeated use of a single central methodology, the economic approach. Students learn how economists think and how to think like an economist. With concrete, numerical examples and novel, engaging applications, interest for readers remains high as live graphs and data respond to manipulation by the user. Finally, clear writing and active learning are features sure to appeal to modern practitioners and their students. The website accompanying the text is found at www.depauw.edu/learn/microexcel

AbstractThe power of the symbolic mathematics program Maple is demonstrated for teaching topics from microeconomics (the benefits of portfolio diversification) and econometrics (a geometric perspective of multicollinearity). In particular, it appears that the use of symbolic mathematics programs has excellent potential to strengthen the development and integration of graphical and algebraic intuition for a wide variety of economic problems.

Now in its third edition, this textbook develops the economic way of thinking through problems that MBA students will find relevant to their career goals. Theory and mathematics are kept as simple as possible and illustrated with real-life scenarios. The textbook package includes online video tutorials on key concepts and complex arguments, and topics likely to be assessed in exams. The distinguished author team has developed this textbook over twenty years of teaching microeconomics to MBA students. Chapters are clearly structured to support learning: Part I of each chapter develops key economic principles, whilst Part II draws on those principles to discuss organizational and incentive issues in management and focuses on solving the 'principal-agent' problem to maximize the profitability of the firm - lessons that can be applied to problems MBA students will face in the future. Economics and management are treated equally; this unique textbook presents economics as part of the everyday thinking of business people.

Along with experience teaching microeconomics, the authors have found that the accuracy of the concepts used and graphic tools, as well as the broad mathematical analytical foundation used by this discipline, draw a stage where some students may feel lost, particularly when they face multiple choice questions. That's why it's not unusual to find some people that are not able to get good marks, even when they have a quite good level on microeconomics knowledge. This work deals with an on-line training, based on Moodle platform, to provide students some tools to achieve the best results on their qualifications. The authors used a base data with multiple choice questions on microeconomics to train on solving this kind of questions. The authors presented three different types of questions, based on graphics, on mathematics and on understanding and internalization of microeconomic concepts. Results have shown that this is a practical way to get success in examinations. At the same time, some interesting differences were found on behaviour paths for women, who seem need less time to review the lessons, and men.

This book focuses on the factors that support the strengths of international airlines in general and the Asian airline carriers in particular. Defining the quality of human capital as the level of education and the competence of airline employees, it analyzes the efficiency of 39 airlines in various regions, both in terms of production and cost structures. It argues that, despite Asia's well-developed and globally competitive manufacturing sector, aided by open market practices, its overall service sector still lags far behind more advanced economies. As this does not stop Asia-based carriers from generally being more efficient than their counterparts in Europe and North America, the book investigates how competitiveness analysis of the airline industry can help Asian policymakers better prepare for the liberalization of the service sector, given how crucial this aspect is for the future growth of the Asia-Pacific region. Efficiency and Competitiveness of International Airlines offers a valuable resource for policymakers, airline employees, and researchers and students of microeconomics

Chapter 1 Managing, Inducing, and Preventing Regime Shifts: A Review of the Literature -- Chapter 2 Institutional change, education and population growth: lessons from dynamic modelling -- Chapter 3 Poverty Traps and Disaster Insurance in a Bi-Level Decision Framework -- Chapter 4 Rationally risking addiction: a two-stage approach -- Chapter 5 Modelling social status and fertility decisions under differential mortality -- Chapter 6 Financing Climate Change Policies: A Multi-Phase Integrated Assessment Model for Mitigation and Adaption -- Chapter 7 On Scientific Innovations and Constraints: A Dynamic Analysis -- Chapter 8 On the structure and regularity of optimal solutions in a differential game with regime switching and spillovers -- Chapter 9 Optimal switching from competition to cooperation: a preliminary exploration -- Chapter 10 Delaying Product Introduction in a Duopoly: A Strategic Dynamic Analysis -- Chapter 11 On the Cournot-Ramsey model with non-linear demand functions -- Chapter 12 Optimal Taxation with Endogenous Population Growth and the Risk of Environmental Disaster -- Chapter 13 A Regime-Switching Model with Applications to Finance: Markovian and Non-Markovian Cases.