Friday, February 6, 2009

The Economics of Defense or MBA Economics

The Economics of Defense

Author: Todd Sandler

Defense economics examines both peace and defense issues, using such macroeconomic and microeconomic tools as growth theory, static optimization, dynamic optimization, comparative statics, game theory and econometrics. This book provides an up-to-date survey of the field of defense economics, synthesizing and unifying the vast literature in this area. Many aspects of defense, disarmament, conversion and peace are examined; both demand and supply issues of defense spending are analyzed.



New interesting book: The Best American Recipes 2004 2005 or Sweets

MBA Economics

Author: Mark Jackson

This 12-chapter text presents a concise first course in microeconomics which is suitable for both MBA and upper level undergraduate programmes. No previous knowledge of economics is assumed.
MBA Economics covers the key areas of microeconomics - how the interactions of producers and consumers in product markets produce powerful tendencies towards efficiency and equality when self-interest is harnessed within purely competitive markets, as well as how rent-seeking activity can alter this conclusion and how human-capital investments can increase the productivity and wages of workers.

As economics is presented to students as an element in arguments, only the economics necessary to support the arguments need to be presented. This feature makes MBA Economics substantially leaner than the standard text in microeconomics, thereby making it far more accessible.


  • Written by an experienced textbook author.
  • No previous knowledge of economics is assumed.
  • Step by step analysis of key modules.
  • Concise introduction to microeconomics for MBA and undergraduate students.



Table of Contents:
To Instructors
1Introduction1
Pt. IPure Competition and Efficiency: Product Markets7
2Product Demand: A Conclusion of the Theory of Consumer Choice9
3Product Supply: A Conclusion of the Theory of Producer Choice27
4A Model of Equilibrium Price Determination45
5Long-Run Tendencies in Purely Competitive Product Markets61
6Monopoly and Rent-Seeking Activity in Product Markets73
Pt. IIPure Competition and Equality: Factor Markets85
7Labor Demand: A Conclusion of the Theory of Producer Choice87
8Labor Supply: A Conclusion of the Theory of Consumer Choice103
9A Model of Equilibrium Wage Determination119
10Long-Run Tendencies in Purely Competitive Labor Markets133
11Monopsony and Rent-Seeking Activity in Labor Markets143
12Human Capital155
Index163

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