£
Microeconomics of Interactive Economies

Paperback

Microeconomics of Interactive Economies

Evolutionary, Institutional, and Complexity Perspectives. A ‘Non-Toxic’ Intermediate Textbook

9781781009031 Edward Elgar Publishing
Wolfram Elsner, Professor of Economics, iino - Institute for Institutional and Innovation Economics, Faculty of Business Studies and Economics, University of Bremen, Germany
Publication Date: 2012 ISBN: 978 1 78100 903 1 Extent: 272 pp
This thorough reconstruction of microeconomics ‘post-2008’ provides economic students with a new way of real-world understanding and strategic qualification that will be better appreciated by their future employers and any professional practice. It will prove essential for economic students and other social science programs at a graduate level.

Request print inspection copy

Request an electronic inspection copy

Copyright & permissions

Recommend to librarian

Your Details

Privacy Policy

Librarian Details

Download leaflet

Print page

More Information
Critical Acclaim
Contents
More Information
This thorough reconstruction of microeconomics ‘post-2008’ provides economic students with a new way of real-world understanding and strategic qualification that will be better appreciated by their future employers and any professional practice. It will prove essential for economic students and other social science programs at a graduate level.

This accessible and engaging textbook includes:

• A survey of the most famous core models of modern microeconomics including the neoclassical approach and its heterodox critiques – Sraffian, Institutionalist, Post-Keynesian and Mirowskian
• An introduction to complexity thinking in economics
• An introduction to game theory
• An introduction to the methods of complex computer simulation
• An introduction to strategic behavior
• An newly integrated approach to real-world and complexity economics, rather than focusing on neoclassical (‘perfect’) market equilibrium ‘plus a thousand recent extra things on top’.

See the companion website – www.microeconomics.us – for teaching material, readings, exams and as a general guide to explore issues raised in the book.
Critical Acclaim
A ‘Non-Toxic’ Intermediate Textbook

‘Here, at last, we have the ideal textbook for microeconomics from an evolutionary and institutional perspective. Wolfram Elsner does nothing less than reconstruct the principles of microeconomics for a world of interactive business networks, change and innovation, crisis and uncertainty, as well as coordination problems and cooperative joint ventures. The publication of this book is a landmark event in microeconomics.’
– Phillip A. O’Hara, Curtin University of Technology, Perth, Australia and President-Elect of AFEE, 2012

‘This microeconomics textbook by Wolfram Elsner provides a timely alternative for understanding the micro roots of uncertainty, complexity and crisis. The evolutionary and institutional perspective sheds new light on contemporary issues such as clusters, networks, innovation and coordination. By reading this textbook, teachers, students and practitioners will open their minds to new economic thinking.’
– Ping Chen, Peking University, Beijing, Fudan University, Shanghai, China and author of Economic Complexity and Equilibrium Illusion
Contents
Contents: Preface – Microeconomics in Times of Crisis: A ‘Post-2008’ Textbook, its Aims and Scope Didactics – How to Work with this Textbook 1. Introduction to the Microeconomics of Interactive Economies 2. Methods for Analyzing Interactive Economies: An Introduction to Game Theory 3. Problem Structures and Processes of Interactive Economies 4. Real-World Markets: Hierarchy, Size, Power, and Direct Interdependence 5. Ideal Neoclassical Market and General Equilibrium 6. Critique of the Neoclassical ‘Perfect Market’ Economy and Alternative Price Theories 7. Methods for Analyzing Complex Processes: An Introduction to Computer Simulation 8. Recent Core Models of Complexity Microeconomics 9. A Universe of Economies: Interdependence and Complexity, System Trajectories, Chaos, and Self-Organization References Index
eBook
$40.00
eISBN: 978 1 78195 340 2
My Cart