Price theory and applications

By: B. Peter PashigianMaterial type: TextTextPublication details: Irwin/McGraw-Hill, Boston, Mass. : ©1998Edition: 2nd edDescription: xxii, 762pISBN: 9780070487789; 0070487782 ; 9780071154628; 0071154620 Subject(s): Microeconomics | PricesDDC classification: 338.5201
Contents:
Pt. I. Introduction: Supply and Demand -- Ch. 1. Pricing and the Demand and Supply Model -- Pt. II. Consumer Behavior -- Ch. 2. Consumer Behavior and Market Demand -- Ch. 3. Extending the Theory of Consumer Behavior -- Ch. 4. The Cost of Time and the Theory of Consumer Behavior -- Pt. III. The Firm: Its Technology and Costs -- Ch. 5. The Production Function and Costs of the Firm -- Ch. 6. The Cost Functions of the Firm -- Pt. IV. Firm and Market Behavior -- Ch. 7. The Supply Functions of a Competitive Firm -- Ch. 8. Price Determination in a Competitive Industry -- Ch. 9. Monopoly -- Ch. 10. Oligopoly and Monopolistic Competition -- Ch. 11. Monitoring the Corporation: Corporate Governance -- Pt. V. Pricing: Practices and Policies -- Ch. 12. Price Discrimination -- Ch. 13. The Free Rider Problem and Pricing -- Ch. 14. Market Behavior with Asymmetric Information -- Ch. 15. Pricing under Uncertainty -- Pt. VI. Intertemporal Equilibrium and Factor Markets -- Ch. 16. Consumer and Supplier Behavior over Time -- Ch. 17. Wage Determination in Labor Markets -- Pt. VII. Markets and Economic Efficiency -- Ch. 18. Economic Efficiency and General Equilibrium -- Ch. 19. Externalities and Public Goods -- Suggested Answers to Selected Exercises and Problem Sets --
Summary: Focusing on price theory and applications, this edition discusses: "intuitive" consumer surplus; "correct" formal derivation of consumer surplus with indifference curves; and the effect of taxes, trade limitations and market restrictions on total surplus.
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Includes index.

Pt. I. Introduction: Supply and Demand --
Ch. 1. Pricing and the Demand and Supply Model --
Pt. II. Consumer Behavior --
Ch. 2. Consumer Behavior and Market Demand --
Ch. 3. Extending the Theory of Consumer Behavior --
Ch. 4. The Cost of Time and the Theory of Consumer Behavior --
Pt. III. The Firm: Its Technology and Costs --
Ch. 5. The Production Function and Costs of the Firm --
Ch. 6. The Cost Functions of the Firm --
Pt. IV. Firm and Market Behavior --
Ch. 7. The Supply Functions of a Competitive Firm --
Ch. 8. Price Determination in a Competitive Industry --
Ch. 9. Monopoly --
Ch. 10. Oligopoly and Monopolistic Competition --
Ch. 11. Monitoring the Corporation: Corporate Governance --
Pt. V. Pricing: Practices and Policies --
Ch. 12. Price Discrimination --
Ch. 13. The Free Rider Problem and Pricing --
Ch. 14. Market Behavior with Asymmetric Information --
Ch. 15. Pricing under Uncertainty --
Pt. VI. Intertemporal Equilibrium and Factor Markets --
Ch. 16. Consumer and Supplier Behavior over Time --
Ch. 17. Wage Determination in Labor Markets --
Pt. VII. Markets and Economic Efficiency --
Ch. 18. Economic Efficiency and General Equilibrium --
Ch. 19. Externalities and Public Goods --
Suggested Answers to Selected Exercises and Problem Sets --

Focusing on price theory and applications, this edition discusses: "intuitive" consumer surplus; "correct" formal derivation of consumer surplus with indifference curves; and the effect of taxes, trade limitations and market restrictions on total surplus.

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