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2. List of important publications in economics - Wikipedia

   en.wikipedia.org/wiki/List_of_important...

   The book showed how operationally meaningful theorems can be described with a small number of analogous methods, thus providing "a general theory of economic theories." It moved mathematics out of the appendices (as in John R. Hicks's Value and Capital ) and helped change how standard economic analysis across subjects could be done with the ...

3. Daron Acemoglu - Wikipedia

   en.wikipedia.org/wiki/Daron_Acemoglu

   This is an accepted version of this page This is the latest accepted revision, reviewed on 9 February 2025. Turkish-American economist (born 1967) Daron Acemoglu Acemoglu in 2016 Born Kamer Daron Acemoğlu (1967-09-03) September 3, 1967 (age 57) Istanbul, Turkey Citizenship Turkey and United States Education University of York (BA) London School of Economics (MSc, PhD) Spouse Asu Ozdaglar ...

4. Microeconomics - Wikipedia

   en.wikipedia.org/wiki/Microeconomics

   Microeconomics analyzes the market mechanisms that enable buyers and sellers to establish relative prices among goods and services. Shown is a marketplace in Delhi. Shown is a marketplace in Delhi. Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce ...

5. Microeconomic Theory (textbook) - Wikipedia

   en.wikipedia.org/wiki/Microeconomic_Theory...

   Microeconomic Theory by Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green is the standard US graduate level microeconomics textbook. First published in 1995, the book consists of five parts: Part I: Individual Decision-Making; Part II: Game Theory; Part III: Market Equilibrium and Market Failure; Part IV: General Equilibrium; Part V: Welfare Economics and Incentives.

6. Why Nations Fail - Wikipedia

   en.wikipedia.org/wiki/Why_Nations_Fail

   Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson, who jointly received the 2024 Nobel Economics Prize (alongside Simon Johnson) for their contribution in comparative studies of prosperity between nations.

7. Slutsky equation - Wikipedia

   en.wikipedia.org/wiki/Slutsky_equation

   The first term on the right-hand side represents the substitution effect, and the second term represents the income effect. [1] Note that since utility is not observable, the substitution effect is not directly observable. Still, it can be calculated by referencing the other two observable terms in the Slutsky equation.

8. History of microeconomics - Wikipedia

   en.wikipedia.org/wiki/History_of_microeconomics

   Daniel Bernoulli wrote in 1738 this about risk: [2] [3] "EVER SINCE mathematicians first began to study the measurement of risk there has been general agreement on the following proposition: Expected values are computed by multiplying each possible gain by the number of ways in which it can occur, and then dividing the sum of these products by the total number of possible cases where, in this ...

9. Consumer choice - Wikipedia

   en.wikipedia.org/wiki/Consumer_choice

   The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves.It analyzes how consumers maximize the desirability of their consumption (as measured by their preferences subject to limitations on their expenditures), by maximizing utility subject to a consumer budget constraint. [1]