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The Microeconomics of Market Failures and Institutions
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The Microeconomics of Market Failures and Institutions : An Intermediate Textbook

2024 ed.

Book Details

Format Paperback / Softback
ISBN-10 3031749863
ISBN-13 9783031749865
Edition 2024 ed.
Publisher Springer International Publishing AG
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 27th, 2025
Print length 296 Pages
Weight 626 grams
Dimensions 17.70 x 25.30 x 2.00 cms
Ksh 8,100.00
Publisher Out of Stock

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This graduate textbook explores key microeconomic concepts to provide insight into financial markets, comparative economic development, and political institutions.

This graduate textbook explores key microeconomic concepts to provide insight into financial markets, comparative economic development, and political institutions. Theoretical concepts are accompanied by historical and real life case studies to highlight the evolution of institutions and the solutions to market failures. General mathematical models are presented in a practical and clear manner and can be applied to problem solving scenarios. Key dilemmas relating to monopolies, institutional design, economic policy, power in society, and the rule of law are also discussed.

This multidisciplinary book aims to provide a real world understanding of microeconomics and game theory, enabling readers to review policy and institutional requirements. It will be relevant to students and policymakers interested in institutional economics, the political economy, financial economics, and economic governance.


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