Applied Microeconomics (Classic Reprint): Problems in Estimation, Forecasting, and Decision-Making; Instructor's Manual: Problems in Estimation, ... Instructor's Manual (Classic Reprint) - Softcover

Inhaltsangabe

Explore practical microeconomics with hands-on forecasting and game simulations. This instructor’s manual accompanies Applied Microeconomics: Problems in Estimation, Forecasting, and Decision-Making and guides readers through data generation, model estimation, and interactive market experiments.

Designed for classroom use, the book explains how to run demand and cost simulations, estimate firm and industry curves, and analyze how market structure affects performance. It covers multiple computer programs, data processes, and the setup of oligopoly games to illuminate forecasting and decision making in economics.

• Learn to generate and interpret linear demand curves and cost functions from simulated data.


• Understand how to set up and run oligopoly price and market-structure experiments.


• See how forecasting feeds into competitive and monopolistic outcomes using true versus estimated models.


• Discover practical program input, scenario design, and how to manage classroom data for analysis.

Ideal for learners and instructors seeking a structured, hands-on approach to microeconomic estimation, forecasting, and decision-making.

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