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To many people, economics is as confusing as physics. Just as
we use physics every day even if we don't know its technical
aspects, we all use economics on a daily basis even if we don't
know its technical aspects. Yet, unlike physics, introductory
Economics is not as difficult as it might appear at first.
However, it is true that economists speak a different "language"
in the sense that we often use terms that are not common in
everyday conversation.
For...
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In the recent years, microfinance has increased attentions of people around the world for fighting the problems of poverty and unemployment. Two different approaches have been identified for the evolution of the microfinance industry such as the Latin American model and the South-Asian model. The South-Asian model is largely based on Groups. In this direction, this book examines the functioning of group based microfinance intervention in India. It...
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How To Study This Course: This e-book is a summary of the first four chapters of the textbook Economic Evaluation and Investment Decision Methods. This e-book is designed with frames so the first frame has the question and the second frame has the answer. You may write all you answers on paper or formulate them mentally, as you prefer. Some questions will require you to make calculations and use a pencil and paper to solve problems or work out the...
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Bajo el presupuesto que cada uno de nosotros realiza permanentemente transacciones, muchas veces sin percatarnos de ello, este libro se ocupa, a través de ejemplos cotidianos, de los temas principales de un curso de microeconomía, en el que se aborda la conducta de los denominados agentes económicos en el mundo de las transacciones, según la idea de que la racionalidad orienta sus conductas, y se exponen los modelos económicos que explican esta...
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Esta obra aborda los principios fundamentales de la microeconomía. Se enriquece con la inclusión de una serie de aspectos desarrollados por la escuela austriaca de economía, que permiten al lector ampliar su visión respecto de la ciencia económica. Destacan temas como la teoría de la acción humana (apriorismo praxeológico), la utilidad marginal y el intercambio directo (trueque) e indirecto (con dinero), la utilidad marginal del dinero, la...
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A tool of economic development of the poor people living below poverty line, micro finance has been a tremendous success in recent years. In developing economies including India, this is in vogue for quite some time. Its success is, vindicated by the conferment of Noble Prize on the pioneer, Dr. Mohammad Yunus and has, ignited serious thinking by academicians, researchers, practitioners, and policy makers. Recent years have seen a plethora of research...
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El mundo moderno de producción y consumo necesita herramientas prácticas y científicas para la toma de decisiones, ayudas que proporciona la microeconomía a los productores y los consumidores. El análisis de las funciones de oferta y demanda, el estudio del consumidor y productor, los costos de producción y el análisis de los mercados, son presentados y tratados en forma didáctica, mediante la exposición de las ideas fundamentales y los talleres...
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Microeconomic Theory Old and New: A Student's Guide has two main goals. The first is to give advanced undergraduate and graduate students an understanding of the core model of economics: Walrasian general equilibrium theory. The text presents in detail the three building blocks of Walrasian theory-establishing Pareto efficiency in a barter economy, establishing the efficiency of competitive markets, and accounting for market failure. Each is discussed...
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In Homer Economicus a cast of lively contributors takes a field trip to Springfield, where the Simpsons reveal that economics is everywhere. By exploring the hometown of television's first family, this book provides readers with the economic tools and insights to guide them at work, at home, and at the ballot box. Since The Simpsons centers on the daily lives of the Simpson family and its colorful neighbors, three opening chapters focus on individual...
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This is the account of a microfinance true believer whose decade in the industry turned him into a heretic. Working with several microfinance institutions around the world, Hugh Sinclair realized that the $70 billion industry wasn't doing much to help the people it claimed to serve. In fact, exorbitant interest rates led borrowers into never-ending debt spirals, and aggressive collection practices resulted in cases of forced prostitution, child labor,...
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Las estrategias y artefactos culturales que usan las organizaciones exitosas para bajar a tierra su visión y su misión suelen mantenerse a buen recaudo. Es necesario descubrir aquello que no se ve a primera vista —a veces con toda intención— pero que las mantiene con vida. Este libro está compuesto por seis ensayos independientes, que pueden ser leídos en el orden que el lector prefiera.
Tratan sobre las correspondencias y semejanzas —secretas...
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Over the next decade, two out of every three companies will face the challenge of their corporate lives: redefining their core business. Buffeted by global competition and facing an uncertain future, more and more executives will realize that they must make fundamental changes in their core even as they continue delivering the goods and services that keep them in business today.
Unstoppable shows these managers how to look deep within their organizations...
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Ariel Rubinstein is professor of economics at Tel Aviv University and New York University. He is the author of Economics and Language and Modeling Bounded Rationality and the coauthor of A Course in Game Theory and Bargaining and Markets.
Ariel Rubinstein's well-known lecture notes on microeconomics-now fully revised and expanded
This book presents Ariel Rubinstein's lecture notes for the first part of his well-known graduate course in microeconomics....
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Mainstream economics considers individual preferences to be fixed and unchanging. Although psychologists and other social scientists explore how tastes are formed, influenced, and evolve, it is not considered "proper" in orthodox economics to do so. Arguing About Tastes makes the case that economists should abandon the principle that preferences are fixed and instead incorporate into their work how context and experience shape individual tastes.
David...
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Peter E. Rossi is the James Collins Professor of Marketing, Economics, and Statistics at UCLA's Anderson School of Management. He has published widely in marketing, economics, statistics, and econometrics and is a coauthor of Bayesian Statistics and Marketing.
This book reviews and develops Bayesian non-parametric and semi-parametric methods for applications in microeconometrics and quantitative marketing. Most econometric models used in microeconomics...
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In books like “Liar's Poker” and “Moneyball”, Michael Lewis has given us an unprecedented look at what goes on behind the scenes on Wall Street. Now he takes us back across the centuries to explore the classics that created and defined not just Wall Street, but the entire economic system we live under today.
Brought together with Lewis's illuminating editorial commentary, they form an essential reference for any student of economics-in fact,...
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Esta obra se centra en el análisis de la microeconomía del equilibrio general, la cual involucre varios agentes y mercados, que permiten ampliar las consideraciones de la economía, como un todo, incluso la demanda y la oferta individuales y agregadas, para varios mercados, de manera simultánea. El texto busca acercarse a los estudiantes de pregrado en Economía de una manera diferente, no solo desde la teoría sino por medio de las aplicaciones...
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Los procesos desarrollados al interior de la microeconomía muestran la importancia de las decisiones que existen entre los agentes económicos (empresas y hogares). En virtud de ello, dichas relaciones pueden ocasionar diferentes fenómenos que implican, de una u otra forma, el comportamiento social de los individuos y de las empresas que interactúan diariamente por conseguir el mejor beneficio (para los hogares) o la mejor utilidad (para las empresas)....
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William J. Baumol is professor of economics and academic director of the Berkley Center for Entrepreneurial Studies at New York University. His many books include The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism and The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times (both Princeton).
An authoritative look at the microeconomics of entrepreneurship
Entrepreneurs are widely recognized...
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This is a book that is destined to be controversial and will be a book that stands up to criticism. The ideas of economics discussed in this book are almost completely different from what one usually sees in economics, with different starting points, different perspectives, different depths, and different conclusions. Yet the ideas here, after being discussed with such depth and clarity, are so obvious that one can hardly doubt their validity.
In...
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