Introduction --; Utility and Consumer Demand Analysis: Theory of Utility and Consumer Behavior: A Comprehensive Review of Concepts, Properties and the Most Significant Theorems --; Main Forms of Utility Functions --; Study of the Econometric Applications: Demand Functions and Systems --; Production and Firm Supply Analysis: Theory of Production, Cost and Behavior of the Firm: A Comprehensive Reformulation --; Main Forms of Production and Cost Funtions --; Study on Econometric Applications: Production and Cost Functions.
SUMMARY OR ABSTRACT
Text of Note
This microeconomics text presents the traditional economic theories about utility and production. But it contains new theoretical functions created from specific optimization procedures. Moreover, it details clearly the common function expression forms such as Cobb-Douglas and CES in which the theory is checked. Finally, it presents empirical tests and their interpretation in relation to the theory.