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  • © 2018

Workbook for Principles of Microeconomics

  • Includes an extensive and unique variety of questions and exercises for students of Principles of Microeconomics
  • Features multiple-choice questions, calculation exercises and open case studies
  • Open case studies will help readers apply the theories discussed in the textbook to real-world problems

Part of the book series: Springer Texts in Business and Economics (STBE)

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-ix
  2. First Principles

    • Martin Kolmar, Magnus Hoffmann
    Pages 1-3
  3. Gains From Trade

    • Martin Kolmar, Magnus Hoffmann
    Pages 5-24
  4. Markets and Institutions -- Introduction

    • Martin Kolmar, Magnus Hoffmann
    Pages 25-26
  5. Supply and Demand

    • Martin Kolmar, Magnus Hoffmann
    Pages 27-41
  6. Normative Economics

    • Martin Kolmar, Magnus Hoffmann
    Pages 43-45
  7. Externalities and the Limits of Markets

    • Martin Kolmar, Magnus Hoffmann
    Pages 47-74
  8. Decisions and Consumer Behavior

    • Martin Kolmar, Magnus Hoffmann
    Pages 75-89
  9. Costs

    • Martin Kolmar, Magnus Hoffmann
    Pages 91-104
  10. A Second Look at Firm Behavior Under Perfect Competition

    • Martin Kolmar, Magnus Hoffmann
    Pages 105-132
  11. Firm Behavior in Monopolistic Markets

    • Martin Kolmar, Magnus Hoffmann
    Pages 133-171
  12. Principles of Game Theory

    • Martin Kolmar, Magnus Hoffmann
    Pages 173-195
  13. Firm Behavior in Oligopolistic Markets

    • Martin Kolmar, Magnus Hoffmann
    Pages 197-219
  14. Elasticities

    • Martin Kolmar, Magnus Hoffmann
    Pages 221-242

About this book

This is the companion workbook for the textbook Principles of Microeconomics. Each chapter features a wide variety of exercises, ranging from basic multiple-choice questions to challenging mathematical problems and case study scenarios. 
The textbook pursues an integrative approach to modern microeconomics by critically reflecting on the main findings of economics from a philosophical standpoint and comparing them to approaches found in the social sciences. It adopts an institutional perspective to analyze the potential and limitations of different market types, and highlights implications for the design of the legal system and business practices throughout. In addition to traditional rational-choice models, important findings from behavioral economics and psychology are also presented.

Authors and Affiliations

  • School of Economics, University of St. Gallen , St. Gallen, Switzerland

    Martin Kolmar, Magnus Hoffmann

About the authors

Martin Kolmar is Professor of Economics at the University of St. Gallen. He studied Economics in Bonn and Berkeley and holds a PhD in Economics from the University of Konstanz. His research interests range from Institutional and Behavioral to Normative Economics and Philosophy. He is especially interested in the evolutionary, psychological and neuroscientific foundations of behaviour and well-being.

Magnus Hoffmann is a Postdoctoral Fellow at the University of St. Gallen. He studied Politics and Economics in Marburg and Mainz and holds a PhD in Economics from the University of Mainz. His fields of expertise include contests, industrial organization (IO) and tax competition.

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Other ways to access