9780237528454

Fighting Back

Format: Paperback

ISBN13: 9780237528454

Paperback|9780237528454


Overview

Markets are all around us, they lie at the center of our economic lives and tie people, countries, and even the world together in one global economy. Yet understanding them, especially on the "micro" level, can be difficult-unless you have the proper guidance. That's why author Robert Schwartz has created Micro Markets: A Market Structure Approach to Microeconomic Analysis.Filled with in-depth analysis, this reliable resource bridges the gap between theory and practice by defining microeconomics in terms of real-world market operations. And while the focus is on micro markets, the subject is clearly microeconomic theory.Page by page, this book illustrates how microeconomic theory is a powerful paradigm that provides insights into how micro markets operate and offers an excellent set of tools for understanding the forces that drive production and consumption decisions, as well as the level of economic efficiency that markets, and the people operating in them, can achieve. Schwartz sets forth an effective analysis with regard to broadly defined, abstract resources and turns to the equities markets as a consistent, thematic application of microeconomic theory.Other important issues addressed include:How can market frictions-such as transaction costs, blockages, risks, uncertainties, imperfect knowledge, and other impediments-affect market outcomes?Do micro markets have the ability to efficiently service our needs in a free market setting?How can a firm's output be set, an individual's consumption or asset holdings determined, or a product's price established?What's the appropriate balance between free market competition and government intervention?And much more!And to further enhance your understanding of the tools and techniques presented here, Micro Markets Workbook by Robert Schwartz, Michael Carew, and Tatiana Maksimenko-an essential study guide that contains challenging questions (and answers) related to the concepts developed here-is also available.Markets are complex and the forces that impact them are intricate. But by taking the microeconomic theory discussed here and applying it to your own endeavors, you'll gain a better perspective of the individual markets that comprise a broad economy.To gain hands-on experience with trading in the equity markets, don't forget to pick up Mastering the Art of Equity Trading Through Simulation + Web-Based Software: The TraderEx Course, by Robert Schwartz, Gregory Sipress, and Bruce Weber.

ISBN-13

9780237528454

ISBN-10

0237528452

Weight

0.20 Pounds

Dimensions

5.25 x 0.25 x 8.00 In

List Price

$7.99

Format

Paperback

Pages

64 pages

Publisher

Evans Brothers Ltd

Published On

2005-03-01



View All Offers

Sort by:

Condition
Seller
Seller Comments
Price

Bookstores.com relies on cookies to improve your experience.