Instant download Test Bank for Intermediate Microeconomics, 8th Edition: Varian pdf docx epub after payment.
Product details:
- ISBN-10 : 0393934241
- ISBN-13 : 978-0393934243
- Author: Hal R. Varian
The #1 best-selling intermediate microeconomics text in the world is still the most modern and contemporary.
Varian is “the Adam Smith of the new discipline of Googlenomics.”―Stephen Levy, Wired
For over 20 years Hal Varian’s Intermediate Microeconomics has given students the most current and complete coverage of intermediate microeconomics at an appropriate mathematical level. The Eighth Edition includes contemporary case studies and examples and relevant coverage of the current economic crisis―all in focused, lecture-length chapters.
Table of contents:
1 The Market
Constructing a Model
1
Optimization and Equilibrium
3
The Demand Curve
3
The Supply Curve
5
Market Equilibrium
7
Comparative Statics
9
Other Ways to Allocate Apartments
11
The Discriminating Monopolist
The Ordinary Monopolist
Rent Control
Which Way Is Best?
14
Pareto Efficiency
15
Comparing Ways to Allocate Apartments
16
Equilibrium in the Long Run
17
Summary
18
Review Questions
19
2 Budget Constraint
The Budget Constraint
20
Two Goods Are Often Enough
21
Properties of the Budget Set
22
How the Budget Line Changes
24
The Numeraire
26
Taxes, Subsidies, and Rationing
26
Example: The Food Stamp Program
Budget Line Changes
31
Summary
31
Review Questions
32
3 Preferences
Consumer Preferences
34
Assumptions about Preferences
35
Indifference Curves
36
Examples of Preferences
37
Perfect Substitutes
Perfect Complements
Bads
Neutrals
Satiation
Discrete Goods
Well-Behaved Preferences
44
The Marginal Rate of Substitution
48
Other Interpretations of the MRS
50
Behavior of the MRS
51
Summary
52
Review Questions
52
4 Utility
Cardinal Utility
57
Constructing a Utility Function
58
Some Examples of Utility Functions
59
Example: Indifference Curves from Utility Perfect Substitutes
Perfect Complements
Quasilinear Preferences
Cobb-Douglas Preferences
Marginal Utility
65
Marginal Utility and MRS
66
Utility for Commuting
67
Summary
69
Review Questions
70
Appendix
70
Example: Cobb-Douglas Preferences
5 Choice
Optimal Choice
73
Consumer Demand
78
Some Examples
78
Perfect Substitutes
Perfect Complements
Neutrals and Bads
Discrete Goods
Concave Preferences
Cobb-Douglas Preferences
Estimating Utility Functions
83
Implications of the MRS Condition
85
Choosing Taxes
87
Summary
89
Review Questions
89
Appendix
90
Example: Cobb-Douglas Demand Functions
6 Demand
Normal and Inferior Goods
96
Income Offer Curves and Engel Curves
97
Some Examples
99
Perfect Substitutes
Perfect Complements
Cobb-Douglas Preferences
Homothetic Preferences
Quasilinear Preferences
Ordinary Goods and Giffen Goods
104
The Price Offer Curve and the Demand Curve
106
Some Examples
107
Perfect Substitutes
Perfect Complements
A Discrete Good
Substitutes and Complements
111
The Inverse Demand Function
112
Summary
114
Review Questions
115
Appendix
115
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