A clear and concise exposition of mainstream microeconomics from a heterodox perspective.

Table of Contents

• List of Boxes
• List of Diagrams
• Preface, Preliminaries and Acknowledgements
• 1 Locating Microeconomics
• 1.1 Overview
• 1.2 Microeconomics as History of Economic Thought
• 1.3 From Marginalist Revolution …
• 1.4 … Through Methodology …
• 1.5 … To Implosion onto TA2
• 1.6 From Implosion onto TA2 to Explosion into Economics Imperialism
• 1.7 From Old to New Economics Imperialism
• 1.8 Further Thoughts and Readings
• 1.9 Appendix: Can the Mainstream be Defended?
• 2 Elusive Consumers and the Theory of Demand
• 2.1 Overview
• 2.2 The Reduced Consumer
• 2.3 How Consumer Theory Got its Spots
• 2.4 Consumer Theory Hoist by its Own Petard
• 2.5 Consumer Theory as Economics Imperialism
• 2.6 From Consumer Theory to Systems of Provision
• 2.7 Broader Implications
• 2.8 Further Thoughts and Readings
• 3 From Production to Supply and Beyond to General Equilibrium?
• 3.1 Overview
• 3.2 Production and Cost Functions Rule, OK?
• 3.3 General Equilibrium: A Fantasy Glass, Half Empty or Half Full?
• 3.4 Further Thoughts and Readings
• 4 Competition Is as Competition Does?
• 4.1 Overview
• 4.2 Perfect Entry and Exit, and Monopoly
• 4.3 From Monopoly to Oligopoly
• 4.4 A Little Game Theory
• 4.5 A Simple Model of Entry Deterrence
• 4.6 Collusion
• 4.7 Discriminating Models
• 4.8 Path Dependence
• 4.9 The Coase ‘Theorem’
• 4.10 Towards Alternatives
• 4.11 Further Thoughts and Readings
• 5 Production Function Rules, Not OK
• 5.1 Overview
• 5.2 The Aggravating Aggregate Production Function
• 5.3 Total Factor Productivity
• 5.4 Measuring Something Called TFP in Practice
• 5.5 From Mismeasurement to Misinterpretation
• 5.6 Further Thoughts and Readings
• 6 Labour Markets
• 6.1 Overview
• 6.2 From Labour as Fish …
• 6.3 … To Human Capital Theory
• 6.4 Imperfect Labour Markets
• 6.5 Risk and Uncertainty
• 6.6 Debating Minimum Wages
• 6.7 Towards Alternatives: Segmented Labour Markets
• 6.8 Further Thoughts and Readings
• 7 Whither Microeconomics: Upside-Down or Inside-Out?
• 7.1 Overview
• 7.2 From Microeconomics to Industrial Policy
• 7.3 Further Thoughts and Readings
• References