# Microeconomics with Spreadsheets

## Book Description

Microeconomics studies the choices made by individuals under conditions of scarcity of resources and time and the interaction between different decision makers. Scarcity forces economic actors to choose one opportunity among many. *Microeconomics with Spreadsheets* starts with the mathematical preliminaries and covers consumer theory, producer theory, general equilibrium, game theory, market structure and economics of information.

The reader will use numerical tools to analyse problems that cannot be analysed analytically. There is a natural synergy between rigorous proofs and numerical methods, since before using a numerical method one should also prove that a solution exists and analyse whether it is unique, and therefore be able to interpret properly the output of a program.

Readership: Third year undergraduate and honours students along with postgraduate students taking advanced courses and modules on microeconomics.

### Table of Contents

Part I Mathematical Preliminaries

Chapter 1 Constraint Optimization

Part II Market Interactions

Chapter 2 The Consumer Theory

Chapter 3 The Producer Theory 39

Chapter 4 General Equilibrium 51

Chapter 5 Choice and Uncertainty

Part III Strategic Interactions

Chapter 6 Game Theory

Chapter 7 Theory of Imperfect Competition and Industry Structure

Part IV The Economics of Information

Chapter 8 Hidden Information Models

Chapter 9 Hidden Action

Chapter 10 Introduction to Auctions

Part V Mathematical Appendix

Chapter 11 The Formal Logic

Chapter 12 Basics of Set Theory

Chapter 13 Solutions of Some Equations Systems of Simultaneous Equations

Chapter 14 Basics of Calculus

## Book Details

- Title: Microeconomics with Spreadsheets
- Author: Suren Basov
- Length: 220 pages
- Edition: 1
- Language: English
- Publisher: World Scientific Publishing Co
- Publication Date: 2017-01-14
- ISBN-10: 9813143959
- ISBN-13: 9789813143951

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