Essentials of microeconomics exercises

Krister Ahlersten

Microeconomics Exercises

2
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Microeconomics – Exercises
1st edition
© 2008 Krister Ahlersten & bookboon.com
ISBN 978-87-7681-412-0

3
Download free eBooks at bookboon.com


Microeconomics – Exercises

Contents

Contents
1

Consumer heory

10

1.1

Preferences

10

1.2

he Budget Line

11

1.3

Utility Maximization

12

2

Demand

13

2.1

Price Changes

13

2.2

Income Changes

13

2.3

Elasticities

14

3

Production

15

3.1

Deinitions

15

3.2

he Production Function

16

4

Costs

17

4.1

Costs in the Short Run

17

4.2

Costs in the Long Run

18

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Microeconomics – Exercises

Contents

5

Perfect Competition

19

5.1

Deinitions and Assumptions

19

5.2

he Firm’s Short-Run Proit Maximization

20

5.3

he Firm’s Long-Run Proit Maximization

21

6

Monopoly

22

6.2

Monopoly Proit Maximization and Eiciency Problems

22

6.3

Price Discrimination

23

7

Game heory

24

7.1

Basic Concepts

24

7.2

Games on Normal Form

24

7.3

Games on Extensive Form

25

8

Oligopoly

26

8.2

he Cournot Model

27

8.3

he Bertrand Model

27

9

Monopolistic Competition

28

360°
thinking

.

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