African Economic Development |
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Growth and development are among the most exciting subjects in economics, and the application of their principles to African economies is both needed and timely. African Economic Development comprises a collection of articles written especially for this volume, which offer an authoritative statement about economic growth and development on the continent. Chapters are grouped together according to the major influences on growth and development and their effects, as well as the significant or unique problems which have slowed or undermined African growth, and the manifestations of development by country or region and by industry. While many books on regional economics become quickly outdated and overly narrow, these multidisciplinary regional studies with an economic bias will be considered cornerstones of the field for some years to come.
African Economic Development
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Bargaining and Markets |
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The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses two recent developments in this theory. The first uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly. The second applies the theory of bargaining to the study of decentralized markets. Rather than surveying the field, the authors present a select number of models, each of which illustrates a key point. In addition, they give detailed proofs throughout the book. Key Features * Uses a small number of models, rather than a survey of the field, to illustrate key points * Detailed proofs are given as explanations for the models * Text has been class-tested in a semester-long graduate course
Bargaining and Markets
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Choice, The: A Fable of Free Trade and Protectionism, Updated and Revised Edition |
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A whimsical fable starring the ghost of a nineteenth century economist, whose journey takes him, and the reader, on a trip through the international economic issues facing America and American business today. Topics covered include trade deficits, environmental issues, free trade agreements, and labor standards. Previous edition: c1994. Softcover. DLC: Free trade.
Choice, The: A Fable of Free Trade and Protectionism, Updated and Revised Edition
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Economics: An Integrated Approach |
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Introduces the fundamentals of economics within a comprehensive approach and a straightforward presentation. Written in a clear, direct style to ensure that the material is accessible and understandable to a wide range of readers. Economics: An Integrated Approach has a 'free-market' bias, which means that it assumes people are rational, that they make choices, and that they weigh the costs and benefits of each decision. Ethical issues, as related to the major topics of economics, are integral to the book. These issues are woven throughout to demonstrate that economic analysis can help foster social justice. The book also presents economics from a practical perspective that allows readers to quickly apply the tools of economic analysis to their own decisions, and to begin making public policy analyses using the tools they have acquired. A valuable introduction to economics which will be useful for readers interested in the subject, including economics associations, social service agencies and professionals, and as a corporate training tool.
Economics: An Integrated Approach
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Economics: Principles And Tools |
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This modern, Micro first book has a strong foundation in demand and supply. Its thoughtful coverage of change in demand vs. change in quantity demanded (also in supply coverage) enables readers to better visualize and truly understand the difference between these 2 fundamental concepts. Its hallmark feature includes a focus on the 5 Key Principles of Economics: 1) Opportunity Cost, 2) The Marginal Principle (comparing marginal benefits and marginal costs), 3) Diminishing Returns, 4) The Spillover Principle (for externalities in production and consumption), and, 5) The Reality Principle (distinguishing real from nominal magnitudes). For economists, financial analysts and other finance professionals.
Economics: Principles And Tools
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Forecasting in Business and Economics |
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This thoroughly revised second edition of an upper-level undergraduate/graduate text describes many major techniques of forecasting used in economics and business. This is the only time series book to concentrate on the forecasting of economic data and to cover such a broad range of topics. Key Features * Gives a complete description, with applications, of the Box-Jenkins single series modeling techniques * Extends the Box-Jenkins techniques to multivariate cases * Compares forecasts from purely statistical and econometric models * Pays careful attention to such problems as how to evaluate and compare forecasts * Covers nonstationary and nonlinear models, co-integration and error-correction models
Forecasting in Business and Economics
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Game Theory |
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A standard text for game theory courses. Updates several recently developed subfields and adds fresh new information on subjects such as games with incomplete information and spatial games. DLC: Game theory.
Game Theory
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Macroeconomic Theory |
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Macroeconomic Theory, in its first edition, was widely adopted for use as a graduate text; this updated and expanded version should find even greater popularity as a text and as a research reference. It has been substantially revised to include three entirely new chapters: The Consumption Function, Government Debt and Taxes, and Dynamic Optimal Taxation. Significant additions have been made to three of the original chapters dealing with difference equations, stochastic difference equations, and investment under uncertainty. Key Features * This book has been substantially revised to include three entirely new chapters on consumption, government debt and taxes, and dynamic optimal taxation * Significant additions have been made to three of the original chapters dealing with difference equations, stochastic difference equations, and investment under uncertainty
Macroeconomic Theory
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Microeconomic Theory: An Integrated Approach |
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This book, which focuses on the fundamentals of microeconomic theory, presents an integrated approach to solving decision-making problems. Concepts are developed by using several tools: words, graphs, mathematics, and real-world examples; this allows the reader to solve many models and problems by forming actual numerical solutions, providing an understanding of the underlying principles these solutions represent. The book is organized into 6 broad-based topical areas: a review of basic calculus techniques, including univariate and multivariate functions; theory of the consumer, including utility theory, consumer optimization, market demand curves, and demand related elasticities; theory of the firm, including short and long run production; market structures, including perfect competition, monopoly, and oligopoly; input markets, including demand for and supply of labor, and capital markets; and general equilibrium analysis. For those needing to analyze decision-making processes of their business, including agents, consumers, entrepreneurs, suppliers of resources, investors, and policy-makers.
Microeconomic Theory: An Integrated Approach
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Principles of Economics |
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These two highly-respected authors have revised this best-selling book to include more current, modern subject matter and events while maintaining those features that have contributed to its great success. It continues to use stories, graphs, and equations and a unified, logical organization to make economic concepts easy-to-understand and relevant to all readers. Users of this book see the connection between growth, trade, comparative advantage, and the production possibilities frontier. When readers understand how a simple competitive market system works, they are ready to focus on problems of real-world markets. Currency data has been updated through the second quarter of 2003, with coverage of deflation, the effects of the war with Iraq and the war on terrorism, and the wars' impact on the national deficit. A comprehensive overview introducing economics begins the book; subsequent topics include: foundations of microeconomics: consumers and firms; market imperfection and the role of government; concepts and problems in macroeconomics; the goods and money markets; macroeconomic analysis; and the world economy. An excellent desk reference for economists; this book will serve any business owner, as an understanding of basic economics will prove helpful in all ventures.
Principles of Economics
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