LEADER 04390nam 22005775 450 001 9910484684903321 005 20230810172032.0 010 $a3-030-62070-0 024 7 $a10.1007/978-3-030-62070-7 035 $a(CKB)4100000011945994 035 $a(MiAaPQ)EBC6631127 035 $a(Au-PeEL)EBL6631127 035 $a(OCoLC)1255235902 035 $a(DE-He213)978-3-030-62070-7 035 $a(EXLCZ)994100000011945994 100 $a20210524d2021 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aMicroeconomics for the Critical Mind $eMainstream and Heterodox Analyses /$fby Fabio Petri 205 $a1st ed. 2021. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2021. 215 $a1 online resource (1413 pages) 225 1 $aClassroom Companion: Economics,$x2662-2890 311 $a3-030-62069-7 327 $aThe Classical or Surplus Approach -- Long-Period Prices -- Introduction to the Marginal Approach -- Consumers, and the Exchange Economy -- Firms, Partial Equilibria, and the General Equilibrium with Production -- Existence, Uniqueness and Stability of Non-capitalistic General Equilibria -- Capital: Long-Period Equilibria -- Intertemporal Equilibrium, Temporary Equilibrium -- Uncertainty and General Equilibrium -- Back to Long-Period Prices -- Games and Information -- Product Markets: Pricing, Capacity, Investment, Imperfect Competition -- Labour Markets and Income Distribution -- Welfare, Externalities, Public Goods, Happiness -- Mathematical Review. 330 $aThis textbook explains comprehensively and in rigorous detail not only mainstream microeconomics, but also why many economists are dissatisfied with major aspects of it, and the alternative that they are exploring in response: the Classical-Keynesian-Kaleckian approach. This advanced yet user-friendly book allows readers to grasp the standard theory of consumers, firms, imperfect competition, general equilibrium, uncertainty, games and asymmetric information. Furthermore, it examines the classical approaches to value and income distribution advocated by Adam Smith, David Ricardo and Karl Marx, as well as Post-Keynesian pricing theory, and the microeconomics of variable capacity utilization. Using simple models, it highlights the analytical roots of the important differences between the marginal/neoclassical approach and the classical-Keynesian, critically examining the plausibility and reciprocal consistency of their assumptions. The book also addresses various microeconomic issues not generally included in advanced microeconomics textbooks, including differential land rent, joint-production long-period pricing, capital theory from Walras to the Cambridge debates, the foundations of aggregate production functions, the microeconomics of labor markets, and the long-period theory of wages. Lastly, it presents a unique re-evaluation of welfare economics. Intended for advanced undergraduate and graduate microeconomics courses, this textbook offers a comprehensive introduction to the various approaches and different schools of thought currently competing in the context of economic theory. It can also be used in courses on value and distribution, heterodox economics, and the history of economic analysis. In the present situation, characterized by scientific uncertainty and the co-existence of competing approaches, it will stimulate students to form their own opinion as to which approach appears more promising from a scientific standpoint. 410 0$aClassroom Companion: Economics,$x2662-2890 606 $aMicroeconomics 606 $aEconomics$xHistory 606 $aSchools of economics 606 $aMicroeconomics 606 $aHistory of Economic Thought and Methodology 606 $aHeterodox Economics 615 0$aMicroeconomics. 615 0$aEconomics$xHistory. 615 0$aSchools of economics. 615 14$aMicroeconomics. 615 24$aHistory of Economic Thought and Methodology. 615 24$aHeterodox Economics. 676 $a338.5 700 $aPetri$b Fabio$f1949-$077885 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910484684903321 996 $aMicroeconomics for the Critical Mind$92086287 997 $aUNINA