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MICROECONOMICS

MICROECONOMICSP rinciples and AnalysisFrank A. CowellSTICERD and Department of EconomicsLondon School of EconomicsDecember 2004iiContentsContentsiiiList of TablesxiiiList of FiguresxvPrefacexxiii1 The r le of microeconomic principles .. Microeconomic models .. Purpose .. The economic actors .. Motivation .. The economic environment .. Assumptions and axioms .. Testing a model .. Equilibrium analysis .. Equilibrium and economic context .. The comparative statics method .. Dynamics and stability .. Background to this book .. Economics .. Mathematics .. Using the book.

Contents Contents iii List of Tables xiii List of Figures xv Preface xxiii 1 Introduction 1 1.1 The rôle of microeconomic principles . . . . . . . . . . . . . . . . 1

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