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Product differentiation, short and long run equilbrium, excess capacity. Definition and sources of monopoly power, short and long run equilbrium, multiplant monopolist, price discrimination, comparison with perfect competition. Maddala and miller microeconomics theory and applications mcgraw hill. This book offers a blend of both econometric theory and empirical applications. The text aims to ensure effective understanding of the essential principles and is as a result unique in its patient and careful coverage of the core microeconomics. Miller, 1989, microeconomics, prentice hall, mcgraw hill. Microeconomics from greek prefix mikro meaning small and economics is a branch of economics that studies the behavior of individual households and firms in making decisions on the allocation of limited resources see scarcity. Rubinfeld microeconomics chapter 1ppt free pdf ebook.
The ssc indicates that this book has been cited in more than 725 publications. The new edition continues to provide a large number of worked examples, and some shorter. Economics is the study of choices made under constraints, usually the constraints of budgets, prices, and input costs. The book makes frequent use of empirical illustrations, many based on seven large and. Then you can start reading kindle books on your smartphone, tablet, or computer no kindle device required. Topics covered include consumer demand, production, exchange, the price system, resource allocation, and government intervention. If you want to search a specific author or book, you can use our search engine. Enter your mobile number or email address below and well send you a link to download the free kindle app.
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