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书名: Readings in Applied Microeconomics: the Power of the Market (by Craig M. Newmark) 2009年最新出版
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http://www.amazon.com/Readings-Applied-Microeconomics-Power-Market/dp/0415777402
作者简介: Craig M. Newmark is Associate Professor of Economics at North Carolina State University, USA. His research focuses on U.S. antitrust policy and has been published in the Journal of Political Economy, Journal of Law and Economics, Review of Economic Statistics, and other journals. He teaches graduate courses in microeconomics and writing for economists, and an
undergraduate course on the moral foundations of capitalism.
内容简介:
A central concern of economics is how society allocates its resources. Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets
work with concrete examples, addresses questions about whether markets actually work well and offers evidence that supposed “market failures” are not as serious as claimed.
Featuring readings from Friedrich Hayek, William Baumol, Harold Demsetz, Daniel Fischel and Edward Lazear, Benjamin Klein and Keith B. Leffl er, Stanley J. Liebowitz and Stephen E. Margolis, and John R. Lott, Jr., this book covers key topics such as:
• Why markets are efficient allocators
• How markets foster economic growth
• Property rights
• How markets choose standards
• Asymmetric Information
• Whether fi rms abuse their power
• Non-excludable goods
• Monopolies
The selections should be comprehended by undergraduate students who have had an introductory course in economics. This reader can also be used as a supplement for courses in intermediate microeconomics, industrial organization, business and government, law and economics, and public policy.
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