Essential microeconomics / John G. Riley.
Material type:
TextPublication details: Cambridge : Cambridge University Press, 2012.Description: xxi, 694 p. ; 27 cmISBN: - 9780521827478
- 338.5 23
- HB172 .R55 2012
- BUS044000
| Item type | Current library | Collection | Call number | Vol info | Status | Date due | Barcode | |
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Main Long
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KCA Kitengela Campus Library | Non-fiction | HB172 .R55 2012 (Browse shelf(Opens below)) | 27313/14 | Available | MOOL14061442 | ||
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Main Long
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Martin Oduor-Otieno Library This item is located on the library first floor | Non-fiction | HB172 .R55 2012 (Browse shelf(Opens below)) | 27311/14 | Available | MOOL14061444 | ||
|
Main Long
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Martin Oduor-Otieno Library This item is located on the library first floor | Non-fiction | HB172 .R55 2012 (Browse shelf(Opens below)) | 27312/14 | Available | MOOL14061443 |
Includes index.
"Essential Microeconomics is designed to help students deepen their understanding of the core theory of microeconomics"--
"PRICES AND OPTIMIZATION 1.1 SUPPORTING PRICES 1.2 SHADOW PRICES 1.3 THE ENVELOPE THEOREM 1.4 FOUNDATIONS OF CONSTRAINED OPTMIZATION 1.5 APPLICATION: MONOPOLY PRICING WITH JOINT COSTS 1.1 SUPPORTING PRICES Key ideas: convex and non-convex production sets, price based incentives, Supporting Hyperplane Theorem Pursuit of self-interest is central to economics. Thus a deep understanding of the theory of maximization is essential to effective theorizing. In particular, the theory of constrained maximization is so crucial that we explore it in this first chapter. In contrast to a purely mathematical exposition, the emphasis here is on prices"--
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