000 01911 a2200241 4500
003 OSt
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020 _a9783319575889
040 _cIITK
041 _aeng
082 _a338.5
_bK834p
100 _aKolmar, Martin
245 _aPrinciples of microeconomics
_bintegrative approach
_cMartin Kolmar
260 _bSpringer
_c2017
_aSwitzerland
300 _axii, 336p
440 _aSpringer texts in business and economics
505 _aThis text provides a comprehensive and unique introduction to modern microeconomics. It pursues an integrative approach by putting the main findings of economics into a broader perspective; theories are critically reflected on from a philosophical standpoint and by comparing them to approaches found in the social sciences, while implications for the design of the legal system and business practices are highlighted throughout. In addition, the book presents brief examples and comprehensive case studies to facilitate an understanding of the theories’ real-world implications. Starting from the question as to why and how societies organize economic activity, the book adopts an institutional perspective to analyze the potential and limitations of different market types with regard to alleviating scarcity and achieving distributive objectives. It not only covers traditional rational-choice models, but also systematically introduces readers to important findings from behavioral economics and psychology. A companion workbook is available which features a wide variety of exercises, ranging from basic multiple-choice questions to challenging mathematical problems and case study scenarios.
520 _a
650 _aMicroeconomocs
_aEvolutionary economics.
653 _aEconomics--Psychological aspects.
_aEconomic history.
_aGame theory.
942 _cBK
999 _c558266
_d558266