TY  - BOOK
AU  - Jaffe,Sonia P.
AU  - Minton,Rob
AU  - Mulligan,Casey B.
AU  - Murphy,Kevin M.
TI  - Chicago price theory
SN  - 0691192979
AV  - HB98.3 .J34 2019
U1  - 330.1553 23
PY  - 2019///]
CY  - Princeton, New Jersey
PB  - Princeton University Press
KW  - Chicago school of economics
KW  - Microeconomics
KW  - Prices
KW  - fast
KW  - Preistheorie
KW  - gnd
KW  - Chicago-Schule
KW  - მიკროეკონომიკა
KW  - ფასების თეორია
N1  - Includes bibliographical references (page 217-219) and index
N2  - 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
ER  -