Intermediate Microeconomics: A Modern Approach 8th Edition, Varian

Intermediate Microeconomics: A Modern Approach 8th Edition by Hal R. Varian provides complete coverage of intermediate microeconomics at an applicable mathematical level. The text contains contemporary case studies and examples and related coverage of the current financial crisis-all in targeted, lecture-length chapters.

This text emphasizes the conceptual foundations of microeconomics and gives concrete examples of their software while maintaining mathematics to a minimum (chapter appendices cover calculus methods). Chapters have been saved brief to facilitate reading at one sitting, and talk about consumer concept followed by producer theory, with extra emphasis on consumer theory. This book comprises a brand new chapter on applications of game concept, and expands coverage of financial models of information networks, and of rights management for data goods.

As one of the main students of the Internet and the Chief Economist of Google, Varian provides the perfect coverage of probably the most dynamic sector of the financial system-online markets-with unparalleled authority. The present economic crisis has affected tens of millions of individuals and induced professors worldwide to rethink how they teach economics. This book supplies expanded coverage of concepts related to the crisis.

The current financial disaster stems partly from a bubble in the U.S. housing market. Varian explains in concrete phrases the cause and inevitable penalties of asset bubbles. The financial disaster is described because of the financial contagion associated with counterparty risk. Varian demonstrates the paths by way of which such risk spreads and the means for sorting it out. Varian explains the perceived usefulness of this method of risk management, but explores its shortcomings within the run-up to the present financial crisis.

Writer summarizes the concepts that underpin each carbon tax and a cap and trade market and supplies detailed analysis of their potential impacts on firms. Varian analyzes the worth of copyright extension and its financial logic to show advantages from such modifications in policy. He explains the perceived usefulness of this method of risk management, but explores its shortcomings within the run-up to the present financial crisis.

More details about this book...