Microeconomics of Interactive Economies

Evolutionary, Institutional, and Complexity Perspectives. A 'Non-Toxic' Intermediate Textbook
Author(s): Wolfram Elsner
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, United Kingdom
Imprint: Edward Elgar Publishing Ltd
ISBN-13: 9781840645224, 978-1840645224

Synopsis

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 (dot) microeconomics (dot) us - for teaching material, readings, exams and as a general guide to explore issues raised in the book.