Develop microeconomics

Author: Pranab Bardhan (Bardhan P.)
Publisher:
Publishing Date: 2002-10-01
Features: As a book that covers important issues in various fields of development economics, it combines traditional development research perspectives with insights from modern mainstream economics. Acclaimed as a monumental work in the field of development microeconomics, the author is a world-renowned development economist. The main contents of the book include: household economics; population issues; segmented labor markets; population mobility; rural land markets; segmented credit markets; risk and insurance in agricultural economics; transactional interdependence and rural development; human capital and income distribution; fairness and efficiency in poverty alleviation; technological progress and learning; environment and development; trade and development; dual economy; intersectoral complementarity and coordination failure; institutional economics and the state in economic development, etc. For a developing country like China, which is undergoing economic transformation, the publication of this book holds special significance. The main feature of the book lies in its focus on developing countries, particularly on the poor populations of developing countries, and its extensive exploration of rural economic systems and the informal sector in developing countries. It strongly emphasizes the fundamental importance of microeconomic analysis and basic economic theories in studying development issues. The book extensively uses the analytical tools of incomplete information theory to study the significant impact of incomplete information on the behavior of economic agents. Each chapter discusses a key issue, introduces theoretical models, and also provides a detailed introduction, analysis, and insightful comments on the economics literature and development research literature related to the issue. The book is suitable as a graduate textbook for economics majors and can also serve as an important reference for economic theorists and policy researchers.