EAN: 9783030877279

CLASSROOM COMPANION ECONOMICS WORKBOOK FOR PR...

This Second Edition updates the companion workbook to match the new edition of 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.

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