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Bayesian Learning in Social Networks / / Daron Acemoglu, Munther A. Dahleh, Ilan Lobel, Asuman Ozdaglar
Bayesian Learning in Social Networks / / Daron Acemoglu, Munther A. Dahleh, Ilan Lobel, Asuman Ozdaglar
Autore Acemoglu Daron
Pubbl/distr/stampa Cambridge, Mass, : National Bureau of Economic Research, 2008
Descrizione fisica 1 online resource : illustrations (black and white);
Altri autori (Persone) DahlehMunther A
LobelIlan
OzdaglarAsuman
Collana NBER working paper series
Soggetto topico Noncooperative Games
Search • Learning • Information and Knowledge • Communication • Belief • Unawareness
Classificazione C72
D83
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Record Nr. UNINA-9910693954303321
Acemoglu Daron  
Cambridge, Mass, : National Bureau of Economic Research, 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Economic origins of dictatorship and democracy / / Daron Acemoglu, James A. Robinson [[electronic resource]]
Economic origins of dictatorship and democracy / / Daron Acemoglu, James A. Robinson [[electronic resource]]
Autore Acemoglu Daron
Pubbl/distr/stampa Cambridge : , : Cambridge University Press, , 2006
Descrizione fisica 1 online resource (xv, 416 pages) : digital, PDF file(s)
Disciplina 321.8
Soggetto topico Democracy - Economic aspects
Democratization
Equality
Political culture
Dictatorship
Comparative government
ISBN 1-107-15530-4
1-107-71388-9
1-280-33072-4
0-511-51080-2
0-511-14020-7
0-511-13909-8
0-511-14081-9
0-511-32275-5
0-511-14004-5
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover; Half-title; Title; Copyright; Dedication; Contents; Preface; 1 Paths of Political Development; 2 Our Argument; 3 What Do We Know about Democracy?; 4 Democratic Politics; 5 Nondemocratic Politics; 6 Democratization; 7 Coups and Consolidation; 8 The Role of the Middle Class; 9 Economic Structure and Democracy; 10 Globalization and Democracy; 11 Conclusions and the Future of Democracy; 12 Appendix to Chapter 4: The Distribution of Power in Democracy; Bibliography; Index
Altri titoli varianti Economic Origins of Dictatorship & Democracy
Record Nr. UNINA-9910457830203321
Acemoglu Daron  
Cambridge : , : Cambridge University Press, , 2006
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Economic origins of dictatorship and democracy / / Daron Acemoglu, James A. Robinson
Economic origins of dictatorship and democracy / / Daron Acemoglu, James A. Robinson
Autore Acemoglu Daron
Pubbl/distr/stampa Cambridge : , : Cambridge University Press, , 2006
Descrizione fisica 1 online resource (xv, 416 pages)
Disciplina 321.8
Soggetto topico Democracy - Economic aspects
Democratization
Equality
Political culture
Dictatorship
Comparative government
ISBN 1-107-15530-4
1-107-71388-9
1-280-33072-4
0-511-51080-2
0-511-14020-7
0-511-13909-8
0-511-14081-9
0-511-32275-5
0-511-14004-5
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover; Half-title; Title; Copyright; Dedication; Contents; Preface; 1 Paths of Political Development; 2 Our Argument; 3 What Do We Know about Democracy?; 4 Democratic Politics; 5 Nondemocratic Politics; 6 Democratization; 7 Coups and Consolidation; 8 The Role of the Middle Class; 9 Economic Structure and Democracy; 10 Globalization and Democracy; 11 Conclusions and the Future of Democracy; 12 Appendix to Chapter 4: The Distribution of Power in Democracy; Bibliography; Index
Record Nr. UNINA-9910784328903321
Acemoglu Daron  
Cambridge : , : Cambridge University Press, , 2006
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Economic origins of dictatorship and democracy / / Daron Acemoglu, James A. Robinson
Economic origins of dictatorship and democracy / / Daron Acemoglu, James A. Robinson
Autore Acemoglu Daron
Pubbl/distr/stampa Cambridge : , : Cambridge University Press, , 2006
Descrizione fisica 1 online resource (xv, 416 pages)
Disciplina 321.8
Soggetto topico Democracy - Economic aspects
Democratization
Equality
Political culture
Dictatorship
Comparative government
ISBN 1-107-15530-4
1-107-71388-9
1-280-33072-4
0-511-51080-2
0-511-14020-7
0-511-13909-8
0-511-14081-9
0-511-32275-5
0-511-14004-5
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover; Half-title; Title; Copyright; Dedication; Contents; Preface; 1 Paths of Political Development; 2 Our Argument; 3 What Do We Know about Democracy?; 4 Democratic Politics; 5 Nondemocratic Politics; 6 Democratization; 7 Coups and Consolidation; 8 The Role of the Middle Class; 9 Economic Structure and Democracy; 10 Globalization and Democracy; 11 Conclusions and the Future of Democracy; 12 Appendix to Chapter 4: The Distribution of Power in Democracy; Bibliography; Index
Record Nr. UNINA-9910824957603321
Acemoglu Daron  
Cambridge : , : Cambridge University Press, , 2006
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Economics / / Daron Acemoglu, David Laibson, and John List
Economics / / Daron Acemoglu, David Laibson, and John List
Autore Acemoglu Daron
Edizione [Global edition.]
Pubbl/distr/stampa Harlow, England : , : Pearson Education Limited, , 2016
Descrizione fisica 1 online resource (793 pages) : illustrations (some color)
Disciplina 330
Soggetto topico Economics
ISBN 1-292-07921-5
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover -- Title Page -- Copyright -- Contents -- Part I Introduction to Economics -- Chapter 1: The Principles and Practice of Economics -- 1.1 The Scope of Economics -- Economic Agents and Economic Resources -- Definition of Economics -- Positive Economics and Normative Economics -- Microeconomics and Macroeconomics -- 1.2 Three Principles of Economics -- 1.3 The First Principle of Economics: Optimization -- Trade-offs and Budget Constraints -- Opportunity Cost -- Cost-Benefit Analysis -- Evidence-Based Economics: Is Facebook free? -- 1.4 The Second Principle of Economics: Equilibrium -- The Free-Rider Problem -- 1.5 The Third Principle of Economics: Empiricism -- 1.6 Is Economics Good for You? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 2: Economic Methods and Economic Questions -- 2.1 The Scientific Method -- Models and Data -- An Economic Model -- Evidence-Based Economics: How much more do workers with a college education earn? -- Means -- Argument by Anecdote -- 2.2 Causation and Correlation -- The Red Ad Campaign Blues -- Causation versus Correlation -- Experimental Economics and Natural Experiments -- Evidence-Based Economics: How much do wages increase when an individual is compelled by law to get an extra year of schooling? -- 2.3 Economic Questions and Answers -- Summary -- Key Terms -- Questions -- Problems -- Appendix: Constructing and Interpreting Graphs -- A Study About Incentives -- Experimental Design -- Describing Variables -- Cause and Effect -- Appendix Key Terms -- Appendix Problems -- Chapter 3: Optimization: Doing the Best You Can -- 3.1 Two Kinds of Optimization: A Matter of Focus -- Choice & Consequence: Do People Really Optimize? -- 3.2 Optimization in Levels -- Comparative Statics -- 3.3 Optimization in Differences: Marginal Analysis -- Marginal Cost.
Evidence-Based Economics: How does location affect the rental cost of housing? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 4: Demand, Supply, and Equilibrium -- 4.1 Markets -- Competitive Markets -- 4.2 How Do Buyers Behave? -- Demand Curves -- Willingness to Pay -- From Individual Demand Curves to Aggregated Demand Curves -- Building the Market Demand Curve -- Shifting the Demand Curve -- Evidence-Based Economics: How much more gasoline would people buy if its price were lower? -- 4.3 How Do Sellers Behave? -- Supply Curves -- Willingness to Accept -- From the Individual Supply Curve to the Market Supply Curve -- Shifting the Supply Curve -- 4.4 Supply and Demand in Equilibrium -- Curve Shifting in Competitive Equilibrium -- 4.5 What Would Happen If the Government Tried to Dictate the Price of Gasoline? -- Choice & Consequence: The Unintended Consequences of Fixing Market Prices -- Summary -- Key Terms -- Questions -- Problems -- Part II Foundations of Microeconomics -- Chapter 5: Consumers and Incentives -- 5.1 The Buyer's Problem -- What You Like -- Prices of Goods and Services -- Choice & Consequence: Absolutes vs. Percentages -- How Much Money You Have to Spend -- 5.2 Putting It All Together -- Price Changes -- Income Changes -- 5.3 From the Buyer's Problem to the Demand Curve -- 5.4 Consumer Surplus -- An Empty Feeling: Loss in Consumer Surplus When Price Increases -- Evidence-Based Economics: Would a smoker quit the habit for 100 per month? -- 5.5 Demand Elasticities -- The Price Elasticity of Demand -- Moving Up and Down the Demand Curve -- Elasticity Measures -- Determinants of the Price Elasticity of Demand -- The Cross-Price Elasticity of Demand -- The Income Elasticity of Demand -- Letting the Data Speak: Should McDonald's Be Interested in Elasticities? -- Summary -- Key Terms -- Questions -- Problems.
Appendix: Representing Preferences with Indifference Curves: Another Use of the Budget Constraint -- Appendix Questions -- Appendix Key Terms -- Chapter 6: Sellers and Incentives -- 6.1 Sellers in a Perfectly Competitive Market -- 6.2 The Seller's Problem -- Making the Goods: How Inputs Are Turned into Outputs -- The Cost of Doing Business: Introducing Cost Curves -- Choice & Consequence: Average Cost Versus Marginal Cost -- The Rewards of Doing Business: Introducing Revenue Curves -- Putting It All Together: Using the Three Components to Do the Best You Can -- Choice & Consequence: Maximizing Total Profit, Not Per-Unit Profit -- 6.3 From the Seller's Problem to the Supply Curve -- Price Elasticity of Supply -- Shutdown -- 6.4 Producer Surplus -- 6.5 From the Short Run to the Long Run -- Long-Run Supply Curve -- Choice & Consequence: Visiting a Car Manufacturing Plant -- 6.6 From the Firm to the Market: Long-Run Competitive Equilibrium -- Firm Entry -- Firm Exit -- Zero Profits in the Long Run -- Economic Profit versus Accounting Profit -- Evidence-Based Economics: How would an ethanol subsidy affect ethanol producers? -- Summary -- Key Terms -- Questions -- Problems -- Appendix: When Firms Have Different Cost Structures -- Chapter 7: Perfect Competition and the Invisible Hand -- 7.1 Perfect Competition and Efficiency -- Social Surplus -- Pareto Efficiency -- 7.2 Extending the Reach of the Invisible Hand: From the Individual to the Firm -- 7.3 Extending the Reach of the Invisible Hand: Allocation of Resources Across Industries -- 7.4 Prices Guide the Invisible Hand -- Deadweight Loss -- The Command Economy -- Choice & Consequence: FEMA and Walmart After Katrina -- The Central Planner -- Choice & Consequence: Command and Control at Kmart -- 7.5 Equity and Efficiency.
Evidence-Based Economics: Can markets composed of only self-interested people maximize the overall well-being of society? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 8: Trade -- 8.1 The Production Possibilities Curve -- Calculating Opportunity Cost -- 8.2 The Basis for Trade: Comparative Advantage -- Specialization -- Absolute Advantage -- Choice & Consequence: An Experiment on Comparative Advantage -- The Price of the Trade -- 8.3 Trade Between States -- Choice & Consequence: Should LeBron James Paint His Own House? -- Economy-Wide PPC -- Comparative Advantage and Specialization Among States -- 8.4 Trade Between Countries -- Determinants of Trade Between Countries -- Letting the Data Speak: Fair Trade Products -- Exporting Nations: Winners and Losers -- Importing Nations: Winners and Losers -- Where Do World Prices Come From? -- Determinants of a Country's Comparative Advantage -- 8.5 Arguments Against Free Trade -- National Security Concerns -- Fear of Globalization -- Environmental and Resource Concerns -- Infant Industry Arguments -- The Effects of Tariffs -- Evidence-Based Economics: Will free trade cause you to lose your job? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 9: Externalities and Public Goods -- 9.1 Externalities -- A "Broken" Invisible Hand: Negative Externalities -- A "Broken" Invisible Hand: Positive Externalities -- Choice & Consequence: Positive Externalities in Spots You Never Imagined -- Pecuniary Externalities -- 9.2 Private Solutions to Externalities -- Private Solution: Bargaining -- The Coase Theorem -- Private Solution: Doing the Right Thing -- 9.3 Government Solutions to Externalities -- Government Regulation: Command-and-Control Policies -- Government Regulation: Market-Based Approaches -- Corrective Taxes and Subsidies -- Letting the Data Speak: How To Value Externalities.
Letting the Data Speak: Pay As You Throw: Consumers Create Negative Externalities Too! -- 9.4 Public Goods -- Government Provision of Public Goods -- Choice & Consequence: The Free-Rider's Dilemma -- Private Provision of Public Goods -- 9.5 Common Pool Resource Goods -- Choice & Consequence: Tragedy of the Commons -- Choice & Consequence: The Race to Fish -- Evidence-Based Economics: How can the Queen of England lower her commute time to Wembley Stadium? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 10: The Government in the Economy: Taxation and Regulation -- 10.1 Taxation and Government Spending in the United States -- Where Does the Money Come From? -- Why Does the Government Tax and Spend? -- Letting the Data Speak: Understanding Federal Income Tax Brackets -- Taxation: Tax Incidence and Deadweight Losses -- Choice & Consequence: The Deadweight Loss Depends on the Tax -- 10.2 Regulation -- Direct Regulation -- 10.3 Government Failures -- The Direct Costs of Bureaucracies -- Corruption -- Underground Economy -- 10.4 Equity Versus Efficiency -- 10.5 Consumer Sovereignty and Paternalism -- The Debate -- Evidence-Based Economics: What is the optimal size of government? -- Letting the Data Speak: The Efficiency of Government Versus Privately Run Expeditions -- Summary -- Key Terms -- Questions -- Problems -- Chapter 11: Markets for Factors of Production -- 11.1 The Competitive Labor Market -- The Demand for Labor -- 11.2 The Supply of Labor: Your Labor-Leisure Trade-off -- Choice & Consequence: Producing Web Sites and Computer Programs -- Labor Market Equilibrium: Supply Meets Demand -- Letting the Data Speak: "Get Your Hot Dogs Here!" -- Labor Demand Shifters -- Labor Supply Shifters -- Letting the Data Speak: Do Wages Really Go Down if Labor Supply Increases? -- 11.3 Wage Inequality -- Differences in Human Capital.
Differences in Compensating Wage Differentials.
Record Nr. UNINA-9910154767303321
Acemoglu Daron  
Harlow, England : , : Pearson Education Limited, , 2016
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Macroeconomics / / Daron Acemoglu, David Laibson, John List
Macroeconomics / / Daron Acemoglu, David Laibson, John List
Autore Acemoglu Daron
Edizione [Global edition.]
Pubbl/distr/stampa Boston : , : Pearson, , [2016]
Descrizione fisica 1 online resource (433 pages) : illustrations (some color)
Disciplina 339
Collana The Pearson Series in Economics
Soggetto topico Macroeconomics
ISBN 1-292-08064-7
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover -- Title Page -- Copyright -- Contents -- PART I Introduction to Economics -- Chapter 1: The Principles and Practice of Economics -- 1.1 The Scope of Economics -- Economic Agents and Economic Resources -- Definition of Economics -- Positive Economics and Normative Economics -- Microeconomics and Macroeconomics -- 1.2 Three Principles of Economics -- 1.3 The First Principle of Economics: Optimization -- Trade-offs and Budget Constraints -- Opportunity Cost -- Cost-Benefit Analysis -- Evidence-Based Economics: Is Facebook free? -- 1.4 The Second Principle of Economics: Equilibrium -- The Free-Rider Problem -- 1.5 The Third Principle of Economics: Empiricism -- 1.6 Is Economics Good for You? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 2: Economic Methods and Economic Questions -- 2.1 The Scientific Method -- Models and Data -- An Economic Model -- Evidence-Based Economics: How much more do workers with a college education earn? -- Means -- Argument by Anecdote -- 2.2 Causation and Correlation -- The Red Ad Campaign Blues -- Causation versus Correlation -- Experimental Economics and Natural Experiments -- Evidence-Based Economics: How much do wages increase when an individual is compelled by law to get an extra year of schooling? -- 2.3 Economic Questions and Answers -- Summary -- Key Terms -- Questions -- Problems -- Appendix: Constructing and Interpreting Graphs -- A Study About Incentives -- Experimental Design -- Describing Variables -- Cause and Effect -- Appendix Key Terms -- Appendix Problems -- Chapter 3: Optimization: Doing the Best You Can -- 3.1 Two Kinds of Optimization: A Matter of Focus -- Choice & Consequence: Do People Really Optimize? -- 3.2 Optimization in Levels -- Comparative Statics -- 3.3 Optimization in Differences: Marginal Analysis -- Marginal Cost.
Evidence-Based Economics: How does location affect the rental cost of housing? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 4: Demand, Supply, and Equilibrium -- 4.1 Markets -- Competitive Markets -- 4.2 How Do Buyers Behave? -- Demand Curves -- Willingness to Pay -- From Individual Demand Curves to Aggregated Demand Curves -- Building the Market Demand Curve -- Shifting the Demand Curve -- Evidence-Based Economics: How much more gasoline would people buy if its price were lower? -- 4.3 How Do Sellers Behave? -- Supply Curves -- Willingness to Accept -- From the Individual Supply Curve to the Market Supply Curve -- Shifting the Supply Curve -- 4.4 Supply and Demand in Equilibrium -- Curve Shifting in Competitive Equilibrium -- 4.5 What Would Happen If the Government Tried to Dictate the Price of Gasoline? -- Choice & Consequence: The Unintended Consequences of Fixing Market Prices -- Summary -- Key Terms -- Questions -- Problems -- PART II Introduction to Macroeconomics -- Chapter 5: The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates -- 5.1 Macroeconomic Questions -- 5.2 National Income Accounts: Production = Expenditure = Income -- Production -- Expenditure -- Income -- Circular Flows -- National Income Accounts: Production -- National Income Accounts: Expenditure -- Evidence-Based Economics: In the United States, what is the total market value of annual economic production? -- National Income Accounting: Income -- Letting The Data Speak: Saving vs. Investment -- 5.3 What Isn't Measured by GDP? -- Physical Capital Depreciation -- Home Production -- The Underground Economy -- Negative Externalities -- Gross Domestic Product vs. Gross National Product -- Leisure -- Does GDP Buy Happiness? -- 5.4 Real vs. Nominal -- The GDP Deflator -- The Consumer Price Index -- Inflation -- Adjusting Nominal Variables -- Summary.
Key Terms -- Questions -- Problems -- Chapter 6: Aggregate Incomes -- 6.1 Inequality Around the World -- Measuring Differences in Income per Capita -- Letting The Data Speak: The Big Mac Index -- Inequality in Income per Capita -- Income per Worker -- Productivity -- Incomes and the Standard of Living -- Choice & Consequence: Dangers of Just Focusing on Income per Capita -- 6.2 Productivity and the Aggregate Production Function -- Productivity Differences -- The Aggregate Production Function -- Labor -- Physical Capital and Land -- Representing the Aggregate Production Function -- 6.3 The Role and Determinants of Technology -- Technology -- Dimensions of Technology -- Letting The Data Speak: Moore's Law -- Letting The Data Speak: Efficiency of Production and Productivity at the Company Level -- Entrepreneurship -- Letting The Data Speak: Monopoly and GDP -- Evidence-Based Economics: Why is the average American so much richer than the average Indian? -- Summary -- Key Terms -- Questions -- Problems -- Appendix: The Mathematics of Aggregate Production Functions -- PART III Long-Run Growth and Development -- Chapter 7: Economic Growth -- 7.1 The Power of Economic Growth -- A First Look at U.S. Growth -- Exponential Growth -- Choice & Consequence: The Power of Growth -- Patterns of Growth -- Letting The Data Speak: Levels versus Growth -- 7.2 How Does a Nation's Economy Grow? -- Optimization: The Choice Between Saving and Consumption -- What Brings Sustained Growth? -- Choice & Consequence: Is Increasing the Saving Rate Always a Good Idea? -- Knowledge, Technological Change, and Growth -- Evidence-Based Economics: Why are you so much more prosperous than your great-great-grandparents were? -- 7.3 The History of Growth and Technology -- Growth Before Modern Times -- Malthusian Limits to Growth -- The Industrial Revolution.
Growth and Technology Since the Industrial Revolution -- 7.4 Growth, Inequality, and Poverty -- Growth and Inequality -- Letting The Data Speak: Income Inequality in the United States -- Choice & Consequence: Inequality versus Poverty -- Growth and Poverty -- How Can We Reduce Poverty? -- Letting The Data Speak: Life Expectancy and Innovation -- Summary -- Key Terms -- Questions -- Problems -- Appendix: The Solow Growth Model -- Appendix Key Terms -- Appendix Problems -- Chapter 8: Why Isn't the Whole World Developed? -- 8.1 Proximate Versus Fundamental Causes of Prosperity -- Geography -- Culture -- Institutions -- A Natural Experiment of History -- 8.2 Institutions and Economic Development -- Inclusive and Extractive Economic Institutions -- How Economic Institutions Affect Economic Outcomes -- Letting The Data Speak: Divergence and Convergence in Eastern Europe -- The Logic of Extractive Economic Institutions -- Inclusive Economic Institutions and the Industrial Revolution -- Letting The Data Speak: Blocking the Railways -- Evidence-Based Economics: Are tropical and semitropical areas condemned to poverty by their geographies? -- 8.3 Is Foreign Aid the Solution to World Poverty? -- Choice & Consequence: Foreign Aid and Corruption -- Summary -- Key Terms -- Questions -- Problems -- PART IV Equilibrium in the Macroeconomy -- Chapter 9: Employment and Unemployment -- 9.1 Measuring Employmentand Unemployment -- Classifying Potential Workers -- Calculating the Unemployment Rate -- Trends in the Unemployment Rate -- Who Is Unemployed? -- 9.2 Equilibrium in the Labor Market -- The Demand for Labor -- Shifts in the Labor Demand Curve -- The Supply of Labor -- Shifts in the Labor Supply Curve -- Equilibrium in a Competitive Labor Market -- 9.3 Why Is There Unemployment? -- 9.4 Job Search and Frictional Unemployment.
9.5 Wage Rigidity and Structural Unemployment -- Minimum Wage Laws -- Choice & Consequence: The Luddites -- Labor Unions and Collective Bargaining -- Efficiency Wages and Unemployment -- Downward Wage Rigidity and Unemployment Fluctuations -- The Natural Rate of Unemployment and Cyclical Unemployment -- Evidence-Based Economics: What happens to employment and unemployment if local employers go out of business? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 10: Credit Markets -- 10.1 What Is the Credit Market? -- Borrowers and the Demand for Loans -- Real and Nominal Interest Rates -- The Credit Demand Curve -- Saving Decisions -- The Credit Supply Curve -- Choice & Consequence: Why Do People Save? -- Equilibrium in the Credit Market -- Credit Markets and the Efficient Allocation of Resources -- 10.2 Banks and FinancialIntermediation: Putting Supply and Demand Together -- Assets and Liabilities on the Balance Sheet of a Bank -- 10.3 What Banks Do -- Identifying Profitable Lending Opportunities -- Maturity Transformation -- Management of Risk -- Bank Runs -- Bank Regulation and Bank Solvency -- Evidence-Based Economics: How often do banks fail? -- Choice & Consequence: Too Big to Fail -- Choice & Consequence: Asset Price Fluctuations and Bank Failures -- Summary -- Key Terms -- Questions -- Problems -- Chapter 11: The Monetary System -- 11.1 Money -- The Functions of Money -- Types of Money -- The Money Supply -- Choice & Consequence: Non-Convertible Currencies in U.S. History -- 11.2 Money, Prices, and GDP -- Nominal GDP, Real GDP, and Inflation -- The Quantity Theory of Money -- 11.3 Inflation -- What Causes Inflation? -- The Consequences of Inflation -- The Social Costs of Inflation -- The Social Benefits of Inflation -- Evidence-Based Economics: What caused the German hyperinflation of 1922-1923? -- 11.4 The Federal Reserve.
The Central Bank and the Objectives of Monetary Policy.
Record Nr. UNINA-9910154767003321
Acemoglu Daron  
Boston : , : Pearson, , [2016]
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Microeconomics / / Daron Acemoglu, Massachusetts Institute of Technology, David Laibson, Harvard University, John A. List, University of Chicago
Microeconomics / / Daron Acemoglu, Massachusetts Institute of Technology, David Laibson, Harvard University, John A. List, University of Chicago
Autore Acemoglu Daron
Edizione [Global edition.]
Pubbl/distr/stampa Boston, [Massachusetts] : , : Pearson, , 2016
Descrizione fisica 1 online resource (507 pages)
Disciplina 330
Collana Always Learning
Soggetto topico Economics
ISBN 1-292-07958-4
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover -- Title Page -- Copyright -- Contents -- Chapter 1: The Principles and Practice of Economics -- 1.1 The Scope of Economics -- Economic Agents and Economic Resources -- Definition of Economics -- Positive Economics and Normative Economics -- Microeconomics and Macroeconomics -- 1.2 Three Principles of Economics -- 1.3 The First Principle of Economics: Optimization -- Trade-offs and Budget Constraints -- Opportunity Cost -- Cost-Benefit Analysis -- Evidence-Based Economics: Is Facebook free? -- 1.4 The Second Principle of Economics: Equilibrium -- The Free-Rider Problem -- 1.5 The Third Principle of Economics: Empiricism -- 1.6 Is Economics Good for You? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 2: Economic Methods and Economic Questions -- 2.1 The Scientific Method -- Models and Data -- An Economic Model -- Evidence-Based Economics: How much more do workers with a college education earn? -- Means -- Argument by Anecdote -- 2.2 Causation and Correlation -- The Red Ad Campaign Blues -- Causation versus Correlation -- Experimental Economics and Natural Experiments -- Evidence-Based Economics: How much do wages increase when an individual is compelled by law to get an extra year of schooling? -- 2.3 Economic Questions and Answers -- Summary -- Key Terms -- Questions -- Problems -- Appendix: Constructing and Interpreting Graphs -- A Study About Incentives -- Experimental Design -- Describing Variables -- Cause and Effect -- Appendix Problems -- Appendix Key Terms -- Chapter 3: Optimization: Doing the Best You Can -- 3.1 Two Kinds of Optimization: A Matter of Focus -- Choice & Consequence: Do People Really Optimize? -- 3.2 Optimization in Levels -- Comparative Statics -- 3.3 Optimization in Differences: Marginal Analysis -- Marginal Cost -- Evidence-Based Economics: How does location affect the rental cost of housing? -- Summary.
Key Terms -- Questions -- Problems -- Chapter 4: Demand, Supply, and Equilibrium -- 4.1 Markets -- Competitive Markets -- 4.2 How Do Buyers Behave? -- Demand Curves -- Willingness to Pay -- From Individual Demand Curves to Aggregated Demand Curves -- Building the Market Demand Curve -- Shifting the Demand Curve -- Evidence-Based Economics: How much more gasoline would people buy if its price were lower? -- 4.3 How Do Sellers Behave? -- Supply Curves -- Willingness to Accept -- From the Individual Supply Curve to the Market Supply Curve -- Shifting the Supply Curve -- 4.4 Supply and Demand in Equilibrium -- Curve Shifting in Competitive Equilibrium -- 4.5 What Would Happen If the Government Tried to Dictate the Price of Gasoline? -- Choice & Consequence: The Unintended Consequences of Fixing Market Prices -- Summary -- Key Terms -- Questions -- Problems -- Chapter 5: Consumers and Incentives -- 5.1 The Buyer's Problem -- What You Like -- Prices of Goods and Services -- Choice & Consequence: Absolutes vs. Percentages -- How Much Money You Have to Spend -- 5.2 Putting It All Together -- Price Changes -- Income Changes -- 5.3 From the Buyer's Problem to the Demand Curve -- 5.4 Consumer Surplus -- An Empty Feeling: Loss in Consumer Surplus When Price Increases -- Evidence-Based Economics: Would a smoker quit the habit for 100 per month? -- 5.5 Demand Elasticities -- The Price Elasticity of Demand -- Moving Up and Down the Demand Curve -- Elasticity Measures -- Determinants of the Price Elasticity of Demand -- The Cross-Price Elasticity of Demand -- The Income Elasticity of Demand -- Letting the Data Speak: Should McDonald's Be Interested in Elasticities? -- Summary -- Key Terms -- Questions -- Problems -- Appendix: Representing Preferences with Indifference Curves: Another Use of the Budget Constraint -- Appendix Questions -- Appendix Key Terms.
Chapter 6: Sellers and Incentives -- 6.1 Sellers in a Perfectly Competitive Market -- 6.2 The Seller's Problem -- Making the Goods: How Inputs Are Turned into Outputs -- The Cost of Doing Business: Introducing Cost Curves -- Choice & Consequence: Average Cost Versus Marginal Cost -- The Rewards of Doing Business: Introducing Revenue Curves -- Putting It All Together: Using the Three Components to Do the Best You Can -- Choice & Consequence: Maximizing Total Profit, Not Per-Unit Profit -- 6.3 From the Seller's Problem to the Supply Curve -- Price Elasticity of Supply -- Shut Down -- 6.4 Producer Surplus -- 6.5 From the Short Run to the Long Run -- Long-Run Supply Curve -- Choice & Consequence: Visiting a Car Manufacturing Plant -- 6.6 From the Firm to the Market: Long-Run Competitive Equilibrium -- Firm Entry -- Firm Exit -- Zero Profits in the Long Run -- Economic Profit versus Accounting Profit -- Evidence-Based Economics: How would an ethanol subsidy affect ethanol producers? -- Summary -- Key Terms -- Questions -- Problems -- Appendix: When Firms Have Different Cost Structures -- Chapter 7: Perfect Competition and the Invisible Hand -- 7.1 Perfect Competition and Efficiency -- Social Surplus -- Pareto Efficiency -- 7.2 Extending the Reach of the Invisible Hand: From the Individual to the Firm -- 7.3 Extending the Reach of the Invisible Hand: Allocation of Resources Across Industries -- 7.4 Prices Guide the Invisible Hand -- Deadweight Loss -- The Command Economy -- Choice & Consequence: FEMA and Walmart After Katrina -- The Central Planner -- Choice & Consequence: Command and Control at Kmart -- 7.5 Equity and Efficiency -- Evidence-Based Economics: Can markets composed of only self-interested people maximize the overall well-being of society? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 8: Trade.
8.1 The Production Possibilities Curve -- Calculating Opportunity Cost -- 8.2 The Basis for Trade: Comparative Advantage -- Specialization -- Absolute Advantage -- Choice & Consequence: An Experiment on Comparative Advantage -- The Price of the Trade -- 8.3 Trade Between States -- Choice & Consequence: Should LeBron James Paint His Own House? -- Economy-Wide PPC -- Comparative Advantage and Specialization Among States -- 8.4 Trade Between Countries -- Determinants of Trade Between Countries -- Letting the Data Speak: Fair Trade Products -- Exporting Nations: Winners and Losers -- Importing Nations: Winners and Losers -- Where Do World Prices Come From? -- Determinants of a Country's Comparative Advantage -- 8.5 Arguments Against Free Trade -- National Security Concerns -- Fear of Globalization -- Environmental and Resource Concerns -- Infant Industry Arguments -- The Effects of Tariffs -- Evidence-Based Economics: Will free trade cause you to lose your job? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 9: Externalities and Public Goods -- 9.1 Externalities -- A "Broken" Invisible Hand: Negative Externalities -- A "Broken" Invisible Hand: Positive Externalities -- Choice & Consequence: Positive Externalities in Spots You Never Imagined -- Pecuniary Externalities -- 9.2 Private Solutions to Externalities -- Private Solution: Bargaining -- The Coase Theorem -- Private Solution: Doing the Right Thing -- 9.3 Government Solutions to Externalities -- Government Regulation: Command-and-Control Policies -- Government Regulation: Market-Based Approaches -- Corrective Taxes and Subsidies -- Letting the Data Speak: How To Value Externalities -- Letting the Data Speak: Pay As You Throw: Consumers Create Negative Externalities Too! -- 9.4 Public Goods -- Government Provision of Public Goods -- Choice & Consequence: The Free-Rider's Dilemma.
Private Provision of Public Goods -- 9.5 Common Pool Resource Goods -- Choice & Consequence: Tragedy of the Commons -- Choice & Consequence: The Race to Fish -- Evidence-Based Economics: How can the Queen of England lower her commute time to Wembley Stadium? -- Summary -- Key Terms -- Questions -- Problems -- Chapter 10: The Government in the Economy: Taxation and Regulation -- 10.1 Taxation and Government Spending in the United States -- Where Does the Money Come From? -- Why Does the Government Tax and Spend? -- Letting the Data Speak: Understanding Federal Income Tax Brackets -- Taxation: Tax Incidence and Deadweight Losses -- Choice & Consequence: The Deadweight Loss Depends on the Tax -- 10.2 Regulation -- Direct Regulation -- 10.3 Government Failures -- The Direct Costs of Bureaucracies -- Corruption -- Underground Economy -- 10.4 Equity Versus Efficiency -- 10.5 Consumer Sovereignty and Paternalism -- The Debate -- Evidence-Based Economics: What is the optimal size of government? -- Letting the Data Speak: The Efficiency of Government Versus Privately Run Expeditions -- Summary -- Key Terms -- Questions -- Problems -- Chapter 11: Markets for Factors of Production -- 11.1 The Competitive Labor Market -- The Demand for Labor -- 11.2 The Supply of Labor: Your Labor-Leisure Trade-off -- Choice & Consequence: Producing Web Sites and Computer Programs -- Labor Market Equilibrium: Supply Meets Demand -- Letting the Data Speak: "Get Your Hot Dogs Here!" -- Labor Demand Shifters -- Labor Supply Shifters -- Letting the Data Speak: Do Wages Really Go Down if Labor Supply Increases? -- 11.3 Wage Inequality -- Differences in Human Capital -- Choice & Consequence: Paying for Worker Training -- Differences in Compensating Wage Differentials -- Discrimination in the Job Market -- Choice & Consequence: Compensating Wage Differentials.
Changes in Wage Inequality Over Time.
Record Nr. UNINA-9910154767203321
Acemoglu Daron  
Boston, [Massachusetts] : , : Pearson, , 2016
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