000			03461nam a2200361 4500
001			OTLid0000047
003			MnU
005			20201105133251.0
006			m o d s
008			180907s2009 mnu o 0 0 eng d
020			_a9780982043097
040			_aMnU _beng _cMnU
050		4	_aHB171.5
100	1		_aMcAfee, Preston _eauthor
245	0	0	_aIntroduction to Economic Analysis _cPreston McAfee
264		2	_bOpen Textbook Library
264		1	_bSaylor Foundation
300			_a1 online resource
490	0		_aOpen textbook library.
505	0		_aChapter 1: What Is Economics? -- Chapter 2: Supply and Demand -- Chapter 3: Quantification -- Chapter 4: The U.S. Economy -- Chapter 5: Government Interventions -- Chapter 6: Trade -- Chapter 7: Externalities -- Chapter 8: Public Goods -- Chapter 9: Producer Theory: Costs -- Chapter 10: Producer Theory: Dynamics -- Chapter 11: Investment -- Chapter 12: Consumer Theory -- Chapter 13: Applied Consumer Theory -- Chapter 14: General Equilibrium -- Chapter 15: Monopoly -- Chapter 16: Games and Strategic Behavior -- Chapter 17: Imperfect Competition -- Chapter 18: Information -- Chapter 19: Agency Theory -- Chapter 20: Auctions -- Chapter 21: Antitrust
520	0		_aThis book presents standard intermediate microeconomics material and some material that, in the authors' view, ought to be standard but is not. Introductory economics material is integrated. Standard mathematical tools, including calculus, are used throughout. The book easily serves as an intermediate microeconomics text, and can be used for a relatively sophisticated undergraduate who has not taken a basic university course in economics. The focus of this book is on the conceptual tools and not on fluff. As such, it reflects the approach actually adopted by the majority of economists for understanding economic activity. There are lots of models and equations, and no pictures of economists ;-) Economic analysis is used in many situations. When British Petroleum sets the price for Alaskan crude oil, it uses an estimated demand model, both for gasoline consumers and also for the refineries to which BP sells. Economic analysis was used by experts in the antitrust suit brought by the U.S. Department of Justice both to understand Microsoft's incentive to foreclose (eliminate from the market) rival Netscape and consumer behavior in the face of alleged foreclosure. Stock market analysts use economic models to forecast the profits of companies to predict the price of their stocks. When the government forecasts the budget deficit or considers a change in environmental regulations, it uses economic models. This book presents the building blocks of the models in common use by an army of economists thousands of times per day. This book, plus econometrics, provides most of the economic analysis tools to take upper division economics courses of any type.
542	1		_fAttribution-NonCommercial-ShareAlike
546			_aIn English.
588	0		_aDescription based on online resource
650		0	_aEconomics _vTextbooks
700	1		_aLewis, Tracy R _eauthor
710	2		_aOpen Textbook Library _edistributor
856	4	0	_uhttps://open.umn.edu/opentextbooks/textbooks/47 _zAccess online version
999			_c19490 _d19490