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    3. Microeconomics for the Critical Mind: Mainstream and Heterodox Analyses

    Microeconomics for the Critical Mind: Mainstream and Heterodox Analyses

    Posted By: hill0
    Date: 25 May 2021 15:25:09
    Microeconomics for the Critical Mind: Mainstream and Heterodox Analyses

    Microeconomics for the Critical Mind: Mainstream and Heterodox Analyses
    (Classroom Companion: Economics)
    English | 2021 | ISBN: 3030620697 | 1417 Pages | PDF EPUB | 31 MB

    This textbook explains comprehensively and in rigorous detail not only mainstream microeconomics, but also why many economists are dissatisfied with major aspects of it, and the alternative that they are exploring in response: the Classical-Keynesian-Kaleckian approach. This advanced yet user-friendly book allows readers to grasp the standard theory of consumers, firms, imperfect competition, general equilibrium, uncertainty, games and asymmetric information. Furthermore, it examines the classical approaches to value and income distribution advocated by Adam Smith, David Ricardo and Karl Marx, as well as Post-Keynesian pricing theory, and the microeconomics of variable capacity utilization. Using simple models, it highlights the analytical roots of the important differences between the marginal/neoclassical approach and the classical-Keynesian, critically examining the plausibility and reciprocal consistency of their assumptions.

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