MICROECONOMICS by Susan Himmelweit, Roberto Simonetti, Andrew Trigg ( 9781861525390 )

Item Details

Title:

MICROECONOMICS
NEOCLASSICAL AND INSTITUTIONAL PERSPECTIVES ON ECONOMIC BEHAVIOUR

By:

Susan Himmelweit, Roberto Simonetti, Andrew Trigg

Format:

Paperback

List price:

£80.99

Our price:

£76.94

Discount:

5% off

You save:

£4.05

ISBN 10:

1861525397

ISBN 13:

9781861525390

Availability:

Usually dispatched within 1-3 weeks.

Delivery rates

Stock:

Currently 0 available

Publisher:

CENGAGE LEARNING EMEA

Pub. date:

5 July, 2001

Pages:

592

Synopsis:

In economics the dominant framework for exploring the structure of market economies is provided by the neoclassical school of thought. This text aims to show how neoclassical theory is used to model market mechanisms, both in particular markets and in the market economy as a whole. Underpinning this analysis is an examination of what neoclassical economists regard as key decision makers in a market economy, namely households and firms. In analysing these demand and supply activities, this text aims to provide an introduction to the microeconomics of markets, that is, the behaviour of individual units of economic activity. However, individuals do not behave as independent entities in the economy. They make economic decisions in the context of a variety of institutional structures. The text presents an alternative to neoclassicism by introducing the institutionalist perspective of economic thought. In this approach the social interactions between individuals are placed at the heart of economic activity. Perspectives are presented as a critique of neoclassical economics by providing an appraisal of neoclassical theory and developing an alternative.

Publication:

Imprint:

Cengage Learning EMEA

Returns:

Returnable

Some other items by this author:

CITIES, DISASTER RISK AND ADAPTATION

ECONOMICS AND AUSTERITY IN EUROPE