Microeconomics category: 693 books

Explain the impacts of an expansionary fiscal policy such as a tax cut on the levels GDP, Consumption, Investment, interest rate and unemployment and price. Explain using separate graphs of C+I+G line and Aggregate Demand-Aggregate Supply curves. In particular explain how your answer depends on the slope of the aggregate supply curve.

"Illustrate each of the following events using a demand and supply diagram for bananas. a. Reports surface that imported bananas are infected with a deadly virus. b. Consumers' incomes drop. c. The price of bananas rises. d. The price of oranges falls. e. Consumers expect the price of bananas to decrease in the future. "

The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. In personal, social, and economic exchange, as studied...

This informative book takes the practitioner through the requirements for Part M of the Building Regulations, explaining and expanding the guidance given in the Approved Document, and comparing the advice in BS83000 and other relevant publications. Access statements are demystified, and the implications...

"a. What elasticity of demand did the Village Administrator seem to assume here in his prediction for 1970- 1971? b. Compute the approximate elasticity of demand (round off, two decimal places is close enough). c. Consider the policy advantages of raising the price of water to pay for the sewage plant rather than raising real estate taxes. "

The diagram below shows the budget line and the indifference map of a consumer for two products, food and clothing.

The Middle East is at an unprecedented crossroads between the established Euro-centric system and the emerging Asian powerhouses like India and China. Their economies, policies and social structures are a half-way-house between these two dominant groups and are an important case study to examine in...

Although most traditional economic theory puts the individual at the centre of analysis, more recent approaches have acknowledged the importance of a wider sense of identity as a determinant of individual behaviour. Whether it is ethnicity, religion or gender, group membership is a central part of...

Explain with aid of a diagram why monopoly is inefficient but perfect competition is efficient. Is it valid to say that monopoly is no good and hence the government should break up all the monopolists and convert them into perfect competition?

"Suppose that Demand and Supply curves for coffee bean is given by QD=10-P Qs=P Where Q denotes the tons of coffee bean and P denotes the prioce per ton. "

The aim of this major reference work is to provide a first point of entry to the literature for the researchers in any field relating to structural integrity in the form of a definitive research/reference tool which links the various sub-disciplines that comprise the whole of structural integrity.Special...

Membrane techniques provide a broad science and technology base. Although there are several books in the traditional membrane field, there is a great need for a highly comprehensive book. This refereed book covers materials from highly respected researchers. This title is highly multidisciplinary...

The book provides an integrated approach to risk sharing, risk spreading and efficient regulation through principal agent models. It emphasizes the role of information asymmetry and risk sharing in contracts as an alternative to transaction cost considerations. It examines how contracting, as an...