Experiments with economic principles : microeconomics

By: Bergstrom, Theodore CContributor(s): Miller, John HMaterial type: TextTextPublication details: Boston : Irwin/McGraw-Hill, cop. 2000Edition: 2nd edDescription: XXI, 425 p. : illISBN: 9780071161725; 0071161724 ; 9780072295184; 007229518X Subject(s): EconomicsDDC classification: 338.5076
Contents:
Part 1 Competitive markets - supply and demand: lab report for experiment 1; D1 supply and demand; home work for experiment 1; shifting supply; lab report for experiment 2; D2 shifting supply and demand; home work for experiment 2. Part 2 Market intervention and public policy - a sales tax: lab report for experiment 3; D3 sales tax; home work for experiment 3; prohibition; lab report for experiment 4; minimum wage; lab report for experiment 5; D5 price floors and ceilings; home work for experiment 5. Part 3 Imperfect markets -externalities: lab report for experiment 6; D6 externalities; home work for experiment 6; monopolies and cartels; lab report for experiment 7; D7 monopolies and cartels; home work for experiment 7. Part 4 Forms and technology - entry and exit: lab report for experiment 8; D8 entry and exit home work for experiment 8; measuring productivity; lab report for experiment 9; D9 measuring productivity; home work for experiment 9; comparative advantage; lab report for experiment 10; home work for experiment 10. Part 5 Information, auctions, and bargaining - adverse selection: lab report for experiment 11; D11 adverse selection, moral hazard; home work for experiment 11; auctions; lab report for experiment 12; D12 auctions; home work for experiment 12; bargaining; lab report for experiment 13; D13 bargaining; home work for experiment 13.
Summary: Using economic experiments, this work acts as a supplement to any microeconomics text. It offers real-world explanations to aid the understanding of economic concepts.
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Includes index.

Part 1 Competitive markets - supply and demand: lab report for experiment 1; D1 supply and demand; home work for experiment 1; shifting supply; lab report for experiment 2; D2 shifting supply and demand; home work for experiment 2. Part 2 Market intervention and public policy - a sales tax: lab report for experiment 3; D3 sales tax; home work for experiment 3; prohibition; lab report for experiment 4; minimum wage; lab report for experiment 5; D5 price floors and ceilings; home work for experiment 5. Part 3 Imperfect markets -externalities: lab report for experiment 6; D6 externalities; home work for experiment 6; monopolies and cartels; lab report for experiment 7; D7 monopolies and cartels; home work for experiment 7. Part 4 Forms and technology - entry and exit: lab report for experiment 8; D8 entry and exit home work for experiment 8; measuring productivity; lab report for experiment 9; D9 measuring productivity; home work for experiment 9; comparative advantage; lab report for experiment 10; home work for experiment 10. Part 5 Information, auctions, and bargaining - adverse selection: lab report for experiment 11; D11 adverse selection, moral hazard; home work for experiment 11; auctions; lab report for experiment 12; D12 auctions; home work for experiment 12; bargaining; lab report for experiment 13; D13 bargaining; home work for experiment 13.


Using economic experiments, this work acts as a supplement to any microeconomics text. It offers real-world explanations to aid the understanding of economic concepts.

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