This book covers the main topics of welfare economics general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities and public goods and some of the major topics of social choice theory compensation criteria, fairness, voting. Arrow's Theorem, and the theory o[...]
This book provides a concise treatment of the core concepts of microeconomic theory at the intermediate level with calculus integrated into the text. The authors, Roberto Serrano and Allan M. Feldman, start with consumer theory and then discuss preferences and utility, budget constraints, the consum[...]
This book covers the main topics of welfare economics - general equilibrium models of exchange and production, Pareto optimality, un- certainty, externalities and public goods - and some of the major topics of social choice theory - compensation criteria, fairness, voting. Arrow's Theorem, and the t[...]