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The Microeconomics of Market Failures and Institutions

Posted By: hill0
The Microeconomics of Market Failures and Institutions

The Microeconomics of Market Failures and Institutions: An Intermediate Textbook
English | 2025 | ISBN: 3031749863 | 309 Pages | PDF EPUB (True) | 38 MB

This graduate textbook explores key microeconomic concepts to provide insight into financial markets, comparative economic development, and political institutions. Theoretical concepts are accompanied by historical and real life case studies to highlight the evolution of institutions and the solutions to market failures. General mathematical models are presented in a practical and clear manner and can be applied to problem solving scenarios. Key dilemmas relating to monopolies, institutional design, economic policy, power in society, and the rule of law are also discussed.