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Chicago price theory / Sonia Jaffe, Robert Minton, Casey B. Mulligan, and Kevin M. Murphy. - Princeton, New Jersey : Princeton University Press, [2019]. - xiii, 231 pages : illustrations ; 27 cm.

Includes bibliographical references (page 217-219) and index.

Price theory is a powerful analytical toolkit for measuring, explaining, and predicting human behavior in the marketplace. This incisive textbook provides an essential introduction to the subject, offering a diverse array of practical methods that empower students to learn by doing. Based on Economics 301, the legendary PhD course taught at the University of Chicago, the book emphasizes the importance of applying price theory in order to master its concepts. Chicago Price Theory features immersive chapter-length examples such as addictive goods, urban-property pricing, the consequences of prohibition, the value of a statistical life, and occupational choice. It looks at human behavior in the aggregate of an industry, region, or demographic group, but also provides models of individuals when they offer insights about the aggregate. The book explains the surprising answers that price theory can provide to practical questions about taxation, education, the housing market, government subsidies, and much more.

ISBN: 0691192979 9780691192970

LCCN: 2019942325

Subjects--Topical Terms:
Chicago school of economics.
Microeconomics.
Prices.
Prices
Chicago school of economics.
Microeconomics.
Preistheorie
Chicago-Schule.

Subjects--Index Terms: მიკროეკონომიკა ფასების თეორია

LC Class. No.: HB98.3 / .J34 2019

Dewey Class. No.: 330.1553

Universal Decimal Class. No.: 330.138