Overview

"This book contains economic experiments designed for students who have not previously taken any economics. While this book can supplement any microeconomics text, it can and has been used by itself to teach principles. Unique in the marketplace, ""Experiments with Economic Principles: Microeconomics"" is an extension of the groundbreaking work in ""Experimental Economics"" of Vernon Smith. Bergstrom and Miller are two of the most highly-regarded researchers in the creative world of Experimental Economics. It includes features such as: a new chapter on public goods (ch. 6); a new chapter on network externalities (ch. 9); a new Part V on essential concepts of economic principles; more problems and tie-ins to economics in the news; more discussion of economic concepts; more modular organization for easy custom-publishing of instructor's own selection of experiments; streamlining some experiments; improved layout of homework exercises allows faster grading; improved layout of personal information sheets in Instructor's Manual; and convenient class preparation kits for instructors."

Full Product Details

Author:   Theodore C. Bergstrom ,  John H. Miller
Publisher:   McGraw-Hill Education - Europe
Imprint:   McGraw-Hill Publishing Co.
Edition:   2nd Revised edition
Dimensions:   Width: 20.30cm , Height: 1.50cm , Length: 25.40cm
Weight:   0.771kg
ISBN:  

9780071212076

ISBN 10:   0071212078
Pages:   448
Publication Date:   01 August 2002
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

I Competitive Markets 1. Supply and Demand 2. Shifting Supply and Demand II Market Intervention and Public Policy 3. A Sales Tax 4. Prohibition 5. A Minimum Wage III. Imperfect Markets 6. Externalities 7. Monopolies and Cartels 8. Entry and Exit 9. Network Externalities 10. Entry and Exit 11. Measuring Productivity 12. Comparative Advantage V Information, Auctions, and Bargaining 13. Adverse selection 14. Auctions 15. Fundamental Concepts VI Essential Economic Concepts

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