Preocupaciones sobre la microeconomía que nos enseñan los libros de texto básicos

Sergio Monsalve

Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: This article, aimed especially at advanced undergraduate students in economics, raises numerous concerns about the microeconomics taught in basic textbooks. Among them, about the relevance and limitations of partial and general equilibrium models and classical game theory in the in-depth study of markets and their 'failures'; and, about an important absence, in these texts, of empirical microeconomic work (econometrics, calibrations, simulations by agent-based models, experiments), which confronts the theory. Some proposals are presented to make the study of undergraduate microeconomics more relevant, including the possible emergence of network theory (social and economic) and statistical mechanics as additional tools. This discussion may help to explain, in general, why market and price theory, as taught in the basic microeconomics textbooks, is not entirely successful.

Keywords: Economic Education and Teaching of Economics; Game Theory and Bargaining Theory; Market Structure; Pricing and Design; General Equilibrium and Disequilibrium (search for similar items in EconPapers)
JEL-codes: A2 C7 D4 D5 (search for similar items in EconPapers)
Pages: 68
Date: 2021-11
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Persistent link: https://EconPapers.repec.org/RePEc:col:000176:022811

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