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Full Description
This thorough reconstruction of microeconomics 'post-2008' provides economic students with a new way of real-world understanding and strategic qualification that will be better appreciated by their future employers and any professional practice. It will prove essential for economic students and other social science programs at a graduate level. This accessible and engaging textbook includes:
A survey of the most famous core models of modern microeconomics including the neoclassical approach and its heterodox critiques - Sraffian, Institutionalist, Post-Keynesian and Mirowskian
An introduction to complexity thinking in economics
An introduction to game theory
An introduction to the methods of complex computer simulation
An introduction to strategic behavior
An newly integrated approach to real-world and complexity economics, rather than focusing on neoclassical ('perfect') market equilibrium 'plus a thousand recent extra things on top'.
See the companion website - www (dot) microeconomics (dot) us - for teaching material, readings, exams and as a general guide to explore issues raised in the book.
Contents
Contents: Preface - Microeconomics in Times of Crisis: A 'Post-2008' Textbook, its Aims and Scope Didactics - How to Work with this Textbook 1. Introduction to the Microeconomics of Interactive Economies 2. Methods for Analyzing Interactive Economies: An Introduction to Game Theory 3. Problem Structures and Processes of Interactive Economies 4. Real-World Markets: Hierarchy, Size, Power, and Direct Interdependence 5. Ideal Neoclassical Market and General Equilibrium 6. Critique of the Neoclassical 'Perfect Market' Economy and Alternative Price Theories 7. Methods for Analyzing Complex Processes: An Introduction to Computer Simulation 8. Recent Core Models of Complexity Microeconomics 9. A Universe of Economies: Interdependence and Complexity, System Trajectories, Chaos, and Self-Organization References Index
