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Microeconomics por Pindyck, Robert S.

Tabla de Contenidos: “…15 (3) Corporate Decision Making: Ford's Sport Utility Vehicles 15 (2) Public Policy Design: Automobile Emission Standards for the Twenty-First Century 17 (1) Summary 18 (1) Questions for Review 18 (1) Exercises 18 (3) The Basics of Supply and Demand 21 (44) Supply and Demand 22 (3) The Supply Curve 22 (1) The Demand Curve 23 (2) The Market Mechanism 25 (1) Changes in Market Equilibrium 26 (8) Elasticities of Supply and Demand 34 (6) Point versus Arc Elasticities 37 (3) Short-Run versus Long-Run Elasticities 40 (9) Demand 40 (5) Supply 45 (4) Understanding and Predicting the Effects of Changing Market Conditions 49 (9) Effects of Government Intervention-Price Controls 58 (3) Summary 61 (1) Questions for Review 61 (1) Exercises 62 (3) Part Two Producers, Consumers, and Competitive Markets 65 (282) Consumer Behavior 67 (44) Consumer Behavior 67 (2) Consumer Preferences 69 (14) Market Baskets 69 (1) Some Basic Assumptions about Preferences 70 (1) Indifference Curves 70 (2) Indifference Maps 72 (2) The Shape of Indifference Curves 74 (1) The Marginal Rate of Substitution 75 (1) Perfect Substitutes and Perfect Complements 76 (7) Budget Constraints 83 (3) The Budget Line 83 (1) The Effects of Changes in Income and Prices 84 (2) Consumer choice 86 (6) Corner Solutions 90 (2) Revealed Preferences 92 (3) Marginal Utility and Consumer Choice 95 (5) Cost-of-Living Indexes 100 (6) Ideal Cost-of-Living Index 101 (1) Laspeyres Index 102 (1) Paasche Index 103 (1) Price Indexes in the United Statics: Chain Weighting 104 (2) Summary 106 (1) Questions for Review 106 (1) Exercises 107 (4) Individual and Market Demand 111 (48) Individual Demand 112 (8) Price Changes 112 (1) The Individual Demand Curve 113 (1) Income Changes 114 (1) Normal versus Inferior Goods 115 (1) Engel Curves 116 (3) Substitutes and Complements 119 (1) Income and Substitution Effects 120 (5) Substitution Effect 121 (1) Income Effect 121 (1) A Special Case: The Giffen Good 122 (3) Market Demand 125 (7) From Individual to Market Demand 125 (2) Elasticity of Demand 127 (5) Consumer Surplus 132 (4) Consumer Surplus and Demand 132 (4) Network Externalities 136 (4) The Bandwagon Effect 136 (1) The Snob Effect 137 (3) Empirical Estimation of Demand 140 (4) The Statistical Approach to Demand Estimation 140 (2) The Form of the Demand Relationship 142 (2) Interview and Experimental Approaches to Demand Determination 144 (1) Summary 144 (1) Questions for Review 145 (1) Exercises 146 (3) Demand Theory---A Mathematical Treatment 149 (8) Utility Maximization 149 (1) The Method of Lagrange Multipliers 150 (1) The Equal Marginal Principle 151 (1) Marginal Rate of Substitution 151 (1) Marginal Utility of Income 152 (1) An Example 152 (2) Duality in Consumer Theory 154 (1) Income and Substitution Effect 155 (2) Exercises 157 (2) Uncertainty and Consumer Behavior 159 (36) Describing Risk 160 (5) Probability 160 (1) Expected Value 161 (1) Variability 161 (2) Decision Making 163 (2) Preferences Toward Risk 165 (5) Different Preferences Toward Risk 167 (3) Reducing Risk 170 (6) Diversification 170 (2) Insurance 172 (2) The Value of Information 174 (2) The Demand for Risky Assets 176 (9) Assets 177 (1) Risky and Riskless Assets 177 (1) Asset Returns 178 (1) The Trade-Off Between Risk and Return 179 (1) The Investor's Choice Problem 180 (5) Behavioral Economics 185 (6) More Complex Preferences 186 (2) Rules of Thumb and Biases in Decision Making 188 (1) Probabilities and Uncertainty 189 (1) Summing Up 189 (2) Summary 191 (1) Questions for Review 191 (1) Exercises 191 (4) Production 195 (26) The Production Decisions of a Firm 195 (1) The Technology of Production 196 (2) The Production Function 197 (1) The Short Run versus the Long Run 197 (1) Production with One Variable Input (Labor) 198 (9) Average and Marginal Products 199 (1) The Slopes of the Product Curve 200 (1) The Average Product of Labor Curve 201 (1) The Marginal Product of Labor Curve 202 (1) The Law of Diminishing Marginal Returns 202 (3) labor Productivity 205 (2) Production with Two Variable Inputs 207 (8) Isoquants 207 (2) Input Flexibility 209 (1) Diminishing Marginal Returns 209 (1) Substitution Among Inputs 209 (2) Production Functions---Two Special Cases 211 (4) Returns to Scale 215 (3) Describing Returns to Scale 215 (3) Summary 218 (1) Questions for Review 218 (1) Exercises 219 (2) The Cost of Production 221 (50) Measuring Cost: Which Costs Matter? …”