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Microeconomic Foundations I: Choice and Competitive Markets by David M. Kreps is a business book available to read on EtoBox.

What is Microeconomic Foundations I: Choice and Competitive Markets about?

A guide to mastering microeconomic theoryMicroeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them.Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these toolsComplements standard textsCovers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topicsFeatures a free web-based student's guide, which gives solutions to approximately half the problems, and a l

Who reads Microeconomic Foundations I: Choice and Competitive Markets?

Author

David M. Kreps

Publisher

PrincetonUP

Published

2013

Language

EN

Category

business

Subjects

Business

Rating

4.7 / 5 (55 ratings)

Updated

2026-03-14