Chicago Price Theory

Chicago Price Theory

Hardback (30 Aug 2019) | English

Save $15.63

  • $65.12
  • $49.49
Add to basket

Includes delivery to USA

10+ copies available online - Usually dispatched within 48 hours

Synopsis

An authoritative textbook based on the legendary economics course taught at the University of Chicago

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.

  • Emphasizes the application of price theory, enabling students to learn by doing
  • Features chapter-length examples such as addictive goods, urban-property pricing, the consequences of prohibition, and the value of a statistical life
  • Supported by video lectures taught by Kevin M. Murphy and Gary Becker
  • The video course enables students to learn the theory at home and practice the applications in the classroom

About the Publisher

Princeton University Press

Princeton University Press

We seek to publish the innovative works of the greatest minds in academia, from the most respected senior scholar to the extraordinarily promising graduate student, in each of the disciplines in which we publish. The Press consciously acquires a collection of titles--a coherent "list" of books--in each discipline, providing focus, continuity, and a basis for the development of future publications.

Book information

ISBN: 9780691192970
Publisher: Princeton University Press
Imprint: Princeton University Press
Pub date:
Language: English
Number of pages: 248
Weight: 718g
Height: 262mm
Width: 186mm
Spine width: 25mm