Kurzbeschreibung:
This microeconomics text presents the traditional economic theories about utility and production, as well as the main alternative theories of consumer and company behaviour. It contains new theoretical functions created from specific optimisation procedures. Moreover, it details clearly the common function expression forms such as Cobb-Douglas and CES in which the theory is checked. Furthermore, it presents empirical tests and their interpretation in relation to the theory. Finally, the last chapter looks at choice made under conditions of uncertainty.
Inhaltsverzeichnis:
Introduction.- Part I: Utility and Consumer Demand Analysis: Theory of Utility and Consumer Behaviour: A Comprehensive Review of Concepts, Properties and the Most Significant Theorems; Alternative Theories of Consumer Behaviour; Main Forms of Utility Functions; Study of the Econometric Applications: Demand Functions and Systems.- Part II: Production and Firm Supply Analysis: Theory of Production, Cost and Behaviour of the Firm: A Comprehensive Reformulation; Alternative Theories on Companies; Main Forms of Production and Cost Functions; Study on Econometric Applications: Production and Cost Functions.- Part III: Uncertainty: Utility, Production and Uncertainty.
