Economic Theory

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A01=G B Richardson
aggregate
Allocative Decisions
Allocative Process
assortment
Author_G B Richardson
Category=KCA
Competitive Control
cost
decentralised decision making
efficient resource distribution models
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Equilibrium Income
Fundamental Research
Gross Profits
Ideal Market Structure
Indian record
input
marginal
Marginal Inputs
Marginal Opportunity Cost
Marginal Relative Utility
Marginal Substitutability
Marginal Unit
market competition analysis
Minimum Economic Scale
monetary policy theory
Month's Income
Net National Income
Net National Output
opportunity
optimum
Optimum Assortment
Perfect Competition
Potential Entrants
Private Enterprise Economy
Production Frontier
relative
resource allocation efficiency
Security Prices
Short Lived
state intervention economics
substitutability
supply and demand adjustment
Unregulated Private Enterprise
utility
Welfare Frontier

Product details

  • ISBN 9780415313179
  • Weight: 550g
  • Dimensions: 138 x 216mm
  • Publication Date: 05 Jun 2003
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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This book introduces economic theory by concentrating on some of the most important matters with which theory deals. Beginning by developing the general criteria of efficiency in the allocation of resources between alternative uses, the book then illustrates how efficient allocation can be promoted directly, by state planning, or indirectly by private enterprise. An analysis of the working of business competition in both its free and restricted forms follows, and analysis of the determination of the general levels of production employment and prices is also included.

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