Microeconomics using Excel : Integrating Economic Theory, Policy Analysis and Spreadsheet Modelling

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Pub. Date: 2007-07-31
Publisher(s): Taylor & Francis
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Summary

Using Microsoft Excel, the market leading spreadsheet package, this book combines theory with modelling aspects and spreadsheet analysis. Microeconomics Using Excelprovides students with the tools with which to better understand microeconomic analysis. It focuses on solving microeconomic problems by integrating economic theory, policy analysis and spreadsheet modelling. This unique approach facilitates a more comprehensive understanding of the link between theory and problem solving. It is divided into four core parts: analysis of price policies analysis of structural policies multi-market models budget policy and priority settings. The theory behind each problem is explained and each model is solved using excel. Each model is also available online and can be used as a prototype for analysis and specific needs. Microeconomics using Excelwill be of great interest to students studying economics as well as to professionals in economic and policy analysis.

Table of Contents

Introduction
Analysis of Price Policies
Supply, Demand and Price Policies
Welfare and Distributional Effects
Price Policy Instruments
Iso-Elastic Supply and Demand Functions
Policy Formulation and Trade-Offs
External Effects
Integrated Markets
World Market and Third Country Effects
Analysis of Structural Policies
Shifts of the Supply Curve
Implications of Structural Policies over Time
Optimal Structural Policies
Multi-Market Models
Interdependencies of Markets
Microeconomic Foundations
Formulation of a 4-Market Model
Model Framework for a 12-Market Model
Budget Policy and Priority Setting
Optimization Approach
Multiple Objectives
Parametric Analysis
Table of Contents provided by Publisher. All Rights Reserved.

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