Microeconomic Principles and Problems
A Pluralist Introduction
1st Edition
Published on 11. June 2019
Book
Hardback
596 pages
978-0-367-02484-0 (ISBN)
Description
Microeconomic Principles and Problems offers a comprehensive introduction to all major perspectives in modern economics, including mainstream and heterodox approaches. Through providing multiple views of markets and how they work, it will leave readers better able to understand and analyse the complex behaviours of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies.
Most principles of microeconomics textbooks cover only mainstream economics, ignoring rich heterodox ideas. They also lack material on the great economists, including the important ideas of Adam Smith, Karl Marx, Thorstein Veblen, John Maynard Keynes and Friedrich Hayek. Mainstream books neglect the kind of historical analysis that is crucial to understanding trends that help us predict the future. Moreover, they focus on abstract models more than existing economic realities. This engaging book addresses these inadequacies. Including explicit coverage of the major heterodox schools of thought, it allows the reader to choose which ideas they find most compelling in explaining modern economic realities.
Written in an engaging style focused on real world examples, this ground-breaking book brings economics to life. It offers the most contemporary and complete package for any pluralistic microeconomics class.
Most principles of microeconomics textbooks cover only mainstream economics, ignoring rich heterodox ideas. They also lack material on the great economists, including the important ideas of Adam Smith, Karl Marx, Thorstein Veblen, John Maynard Keynes and Friedrich Hayek. Mainstream books neglect the kind of historical analysis that is crucial to understanding trends that help us predict the future. Moreover, they focus on abstract models more than existing economic realities. This engaging book addresses these inadequacies. Including explicit coverage of the major heterodox schools of thought, it allows the reader to choose which ideas they find most compelling in explaining modern economic realities.
Written in an engaging style focused on real world examples, this ground-breaking book brings economics to life. It offers the most contemporary and complete package for any pluralistic microeconomics class.
Reviews / Votes
"Finally, there is a high quality introductory microeconomics textbook in which socially relevant issues and critical perspectives in microeconomics are no longer "petite boutiques" at the end of each chapter; instead they are taken as seriously as their mainstream counterparts. This textbook reflects Professor Schneider's lifelong intellectual passion and expertise." Xiao Jiang, Associate Professor of Economics, Denison University"Microeconomics Principles and Problems: A Pluralist Approach enables students to confront economic reality while learning microeconomic concepts and their applications, in a macroeconomic, history of economic thought, environmental, social, and economic history contexts.
This is a clear and well-presented exposition of microeconomic analyses, which allows students the freedom to see and gain understanding of different points of view, and to make connections to global, social, environmental, macroeconomic, theoretical, and historical developments.
Geoffrey Schneider has written a textbook that will empower students and instructors to study and teach the complexity of markets, individuals, and economic relations, and to appreciate and share the richness of microeconomic analysis.", Zdravka Todorova, Professor and Chair, Department of Economics, Wright State University
"Microeconomic Principles and Problems: A Pluralist Introduction is an excellent alternative to standard microeconomics textbooks. It is a much-needed textbook that is truly pluralist in its approach without being eclectic. Its pedagogical approach will grasp students' attention and keep them engaged as author provides real world stories to discuss the relevance of numerous microeconomic theories.", Erdogan Bakir, Associate Professor of Economics and Department Co-chair, Economics Department, Bucknell University "Finally, there is a high quality introductory microeconomics textbook in which socially relevant issues and critical perspectives in microeconomics are no longer "petite boutiques" at the end of each chapter; instead they are taken as seriously as their mainstream counterparts. This textbook reflects Professor Schneider's lifelong intellectual passion and expertise." Xiao Jiang, Associate Professor of Economics, Denison University
"Microeconomics Principles and Problems: A Pluralist Approach enables students to confront economic reality while learning microeconomic concepts and their applications, in a macroeconomic, history of economic thought, environmental, social, and economic history contexts.
This is a clear and well-presented exposition of microeconomic analyses, which allows students the freedom to see and gain understanding of different points of view, and to make connections to global, social, environmental, macroeconomic, theoretical, and historical developments.
Geoffrey Schneider has written a textbook that will empower students and instructors to study and teach the complexity of markets, individuals, and economic relations, and to appreciate and share the richness of microeconomic analysis.", Zdravka Todorova, Professor and Chair, Department of Economics, Wright State University
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
131 farbige Abbildungen, 10 Farbfotos bzw. farbige Rasterbilder, 121 farbige Zeichnungen, 68 farbige Tabellen
68 Tables, color; 121 Line drawings, color; 10 Halftones, color; 131 Illustrations, color
Dimensions
Height: 246 mm
Width: 189 mm
Weight
1401 gr
ISBN-13
978-0-367-02484-0 (9780367024840)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
New editions
Book
01/2024
2nd Edition
Routledge
€267.41
Shipment within 10-20 days
Additional editions
Book
06/2019
1st Edition
Routledge
€86.65
Article exhausted; check for reprint
Person
Geoffrey Schneider is a Professor of Economics at Bucknell University. He is Executive Director of the International Confederation of Associations for Pluralism in Economics, a leading heterodox economist, and an award-winning teacher.
Content
Dedication. Preface. Acknowledgements. PART I: Economics: A Pluralistic Definition. 1. What is Economics?. 2. Scarcity, Opportunity Cost and Choice. PART II: The Evolution of Economic Systems and Economic Thought. 3. The Evolution of Pre-Capitalist Economic Systems. 4. Adam Smith and the Rise of Capitalism. 5. Karl Marx and the Dark Ages of Capitalism. 6. Thorstein Veblen and Monopoly Capitalism. 7. Keynes and Mixed Market Capitalism. 8. Modern Economic Systems. Part III: Markets, Supply and Demand. 9. Markets and how they work. 10. Applications of Supply and Demand. 11. Consumer and Supplier Behavior. PART IV: Market Structures and Corporations. 12. Different types of market structures. 13. Short Run and Long Run Costs of Production. 14. Perfect Competition and competitive markets. 15. Monopoly and Monopoly Power. 16. Monopolistic Competition. 17. Oligopoly and Strategic Behavior. 18. Corporations and their role in society. Part V: Government Intervention in Microeconomic Markets. 19. Market Failure and Government Failure. 20. The Economics of the Environment and Climate Change. 21. Public Goods and Services. Part VI: Labor Markets and Inequality. 22. Working for a Living: The Labor Market. 23. Inequality: Class, Race, Gender and Distribution. Part VII: International Microeconomics. 24. International Microeconomics: Trade and Exchange Rates. Glossary of Key Terms and Concepts. Index