Microeconomics category: 693 books

In nur 50 Minuten die Spieltheorie verstehen Aufbauend auf früheren Theorien entsteht die Spieltheorie Mitte des 20. Jahrhunderts. Sie setzt sich aus Konzepten und Theorien verschiedener Mathematiker und Ökonomen zusammen und genießt bis heute große Wichtigkeit. Gleich mehrere Spieltheoretiker...

In nur 50 Minuten die Balanced Scorecard verstehen Die Balanced Scorecard, von Robert S. Kaplan und David P. Norton entwickelt, ist ein Management-Tool zur Langzeit-Strategieplanung in der Unternehmensführung. Wie im Cockpit eines Flugzeugs müssen auch beim Unternehmensmanagement mehrere...

Designed specifically with revision in mind, the CIM Revision Cards provide concise, yet fundamental information to assist students in passing the CIM exams as easily as possible. A clear, carefully structured layout aids the learning process and ensures the key points are covered in a succinct and...

IT Performance Management addresses the way organizations should balance the demand and the supply of information technology, optimizing the cost and maximizing the business value of IT. In this book several aspects of IT performance management are described. The way this management is executed...

How can organizations ensure that they can get best value for money in their procurement decisions? How can they stimulate innovations from their dedicated suppliers? With contributions from leading academics and professionals, this 2006 handbook offers expert guidance on the fundamental aspects of...

Explain with aid of a diagram why monopoly is inefficient but perfect competition is efficient. Is it valid to say that monopoly is no good and hence the government should break up all the monopolists and convert them into perfect competition?

"1.Assume initially all firms that produce a product X in a perfectly competitive market earn normal profit. There is a drop in consumers' preference for X such that the market demand decreases. (i) What will happen to all the firms in the short run equilibrium? Explain with a suitable industry...

"The Xerox Corporation’s share of U.S. copier revenues was close to 100 percent in 1970. According to a McKinsey consultant who worked with Xerox, I can remember as late as 1975 looking at internal Xerox reports showing that market share was a word they had never heard of. They did not have...

"1. Mike spends all his income on tennis balls and basketball tickets. His demand curve for tennis balls is elastic. Tr«, or false: If the price of tennis balls rises, he consumes more tickets. Explain. 2. At current prices, housing costs $50 per unit and the composite good has a price...

"a. Calculate the price elasticity of demand at the prices 80, and 100. b. Calculate the price elasticity of supply at the prices 80, and 100. c. What is the equilibrium price and quantity? Explain. d. If there government were to set the price at 80, describe the impact on the market. "

The graphs below show the market for four different goods. The numerical subscripts denote the analytic sequence of the demand curves: 0 denotes the original curve, and 1 denotes the new curve. Assume that real income has increased by 10 percent. You are to determine what kind of good (based on income elasticity) is represented in each market.

Global Widgets Corp is a manufacturing company that builds standardized galvanized metal benches for sports arenas and stadiums. It operates three manufacturing facilities; in the U.S., in South America, and in the Philippines. It contracts with local distributors to handle sales and service issues...

"Explain how an individual’s Demand curve for medical care will change (i.e., shift) if the following things happen (consider each change individually, holding all other possible influences constant.  Draw the Demand curve and illustrate each change): a. Income increases b. Lose insurance...

Characterize each of the following statements as true or false, and explain your answer.