HENDERSON AND QUANDT MICROECONOMIC THEORY PDF

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Chamberlain, Gottfried Haberler, Alvin H. Hansen, Edward S. Mason, and John H. All of Harvard University. Printed in the United States of America. All rights reserved. This book, or parts thereof, may not be reproduced in any form without permission of the publishers. This series, published under the general title Economics Handbook Series, was planned with these needs in mind. The volumes are not long-they give the essentials of the subject matter within the limits of a few hundred pages; they present a distillate of accepted theory and practice without the detailed approach of the technical treatise.

Each volume is a unit, standing on its own. The amount of mathematics required for understanding the text is not great, and an appendix helps the reader refresh his memory o n the indispensable mathematical techniques.

This volume suggests the many clarifications and advances made possible by the use of mathematics. The book deals with competitive markets, as well as imperfect markets, and also with problems of welfare.

In this sense the book is a joint product. Henderson moved on to Harvard, where he received his Ph. At present, Professor Henderson is on the Harvard teaching staff and is a member of the senior research staff of the Harvard University Economic Research Project. After an early education in Europe, Richard Quandt migrated to this country and received his A.

He obtained his Ph. Quandt, now an assistant professor at Princeton, has written articles for several scientific journals. The editor welcomes this volume to the series. Its quality indicates that many other important contributions are to be expected from these first-class economists. Seymour E.

The theories of individual optimizing units and market equilibrium which are included within the microeconomics branch are no exception. Traditional theory has been formulated in mathematical terms, and the classical results proved or disproved.

The use of mathematics has also allowed the derivation of many new results. Mathematical methods are particularly useful in this field since the underlying premises of utility and profit maximization are basically mathematical in character.

In the early stages of this development economists were rather sharply divided into two groups: the mathematical economists and the literary, or nonmathematical, economists. More and more economists and students of economics are becoming acquainted with at least elementary mathematics and are learning to appreciate the advantages of its use in economics.

On the other side, many mathematically inclined economists are becoming more aware of the limitations of mathematics. The present volume is intended for economists and students of economics who have some mathematical training but do not possess a high degree of mathematical sophistication. It is not intended as a textbook on mathematics for economists. This volume is intended for readers who possess some knowledge, though not necessarily a great deal, of both economics and mathematics.

The audience at which it is aimed includes advanced undergraduate and graduate students in economics and professional economists who desire to vii Vlll PREFACE see how intermediate mathematics contributes to the understanding of some familiar concepts.

Advanced knowledge in one of these fields can partially compensate for a lack of training in the other. A limited number of these are contained in the lists of selected references at the end of each chapter.

A one-year college course in calculus, or its equivalent, is sufficient mathematical preparation for the present volume.

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HENDERSON QUANDT MICROECONOMIC THEORY PDF

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