Price Theory

Price Theory Author Milton Friedman
ISBN-10 9781351496773
Release 2017-07-12
Pages 357
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Economics is sometimes divided into two parts: positive economics and normative economics. The former deals with how the economic problem is solved, while the latter deals with how the economic problem should be solved. The effects of price or rent control on the distribution of income are problems of positive economics. The desirability of these effects on income distribution is a problem of normative economics. Within economics, the major division is between monetary theory and price theory. Monetary theory deals with the level of prices in general, with cyclical and other fluctuations in total output, total employment, and the like. Price theory deals with the allocation of resources among different uses, the price of one item relative to another. Prices do three kinds of things. They transmit information, they provide an incentive to users of resources to be guided by this information, and they provide an incentive to owners of resources to follow this information. Milton Friedman's classic book provides the theoretical underpinning for and understanding of prices. Economics is not concerned solely with economic problems. It is a social science, and is therefore concerned primarily with those economic problems whose solutions involve the cooperation and interaction of different individuals. It is concerned with problems involving a single individual only insofar as the individual's behavior has implications for or effects upon other individuals. Price Theory is concerned not with economic problems in the abstract, but with how a particular society solves its economic problems.



Price Theory and Applications

Price Theory and Applications Author Jack Hirshleifer
ISBN-10 0521818648
Release 2005-09-12
Pages 614
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This seventh edition is designed for undergraduate courses in intermediate microeconomics. There are over a hundred extended 'boxed examples' on news-making subjects such as monopoly control of inventions, the effect of pension plans on savings, air bags' effects on auto safety, the UK National Lottery, internet auctions such as E-bay, use of lab experiments in economics, and fads in television programming. Almost every chapter contains several worked numerical examples with many answers appearing at the back of the book. The...



Essays on Price Theory and Industrial Organization

Essays on Price Theory and Industrial Organization Author Joe S. Bain
ISBN-10 UOM:39015004311703
Release 1972
Pages 227
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Essays on Price Theory and Industrial Organization has been writing in one form or another for most of life. You can find so many inspiration from Essays on Price Theory and Industrial Organization also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Essays on Price Theory and Industrial Organization book for free.



Intermediate Price Theory

Intermediate Price Theory Author Sidney Weintraub
ISBN-10 CORNELL:31924013686690
Release 1964
Pages 378
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Intermediate Price Theory has been writing in one form or another for most of life. You can find so many inspiration from Intermediate Price Theory also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Intermediate Price Theory book for free.



Study guide to Price theory and applications

Study guide  to  Price theory and applications Author Michael Sproul
ISBN-10 013714833X
Release 1992
Pages 187
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Study guide to Price theory and applications has been writing in one form or another for most of life. You can find so many inspiration from Study guide to Price theory and applications also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Study guide to Price theory and applications book for free.



Intermediate Microeconomics

Intermediate Microeconomics Author Frederick George Hay
ISBN-10 0719045827
Release 1996
Pages 305
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This textbook provides a thorough and stimulating coverage of second and third year selected microeconomic topics culminating in an exposition of game theory including repeated games and theories of rational choice.



Price Theory and Applications

Price Theory and Applications Author Steven Landsburg
ISBN-10 9781285947877
Release 2013-08-21
Pages 720
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Written in the same humorous, reader-friendly style as Professor Landsburg's widely popular trade book, The Armchair Economist, the lively ninth edition of PRICE THEORY AND APPLICATIONS adopts an inductive, hands-on approach that enables students to learn economics by doing. And it requires no knowledge or use of calculus. Using a student-friendly, easy-to-understand format, the book thoroughly develops the standard concepts of intermediate price theory as well as timely, untraditional issues not found in many texts¿such as the economics of information. Social welfare is also highlighted as a unifying concept throughout. The book's rigorous, meticulous development of economic theory is supported by countless intriguing and entertaining exhibits, examples, numerical exercises, and problem sets integrated within the text and included at the end of chapters, giving students countless opportunities to test their comprehension of chapter concepts. With its highly interactive approach, the new Price Theory gives students a solid understanding of economic theory as well as the skills to apply it to the world around them. Available with InfoTrac Student Collections http://gocengage.com/infotrac. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.



Elementary price theory

Elementary price theory Author Benjamin Ward
ISBN-10 UOM:39015002601030
Release 1967
Pages 184
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Elementary price theory has been writing in one form or another for most of life. You can find so many inspiration from Elementary price theory also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Elementary price theory book for free.



Spatial Price Theory of Imperfect Competition

Spatial Price Theory of Imperfect Competition Author Hiroshi Ohta
ISBN-10 UOM:39015019182172
Release 1988
Pages 247
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Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.



Modern price theory

Modern price theory Author Roy J. Ruffin
ISBN-10 UOM:49015002545037
Release 1988
Pages 523
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Modern price theory has been writing in one form or another for most of life. You can find so many inspiration from Modern price theory also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Modern price theory book for free.



Inventory control and price theory

Inventory control and price theory Author Aram Gregory Sogomonian
ISBN-10 UCLA:L0065965063
Release 1992
Pages 344
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Inventory control and price theory has been writing in one form or another for most of life. You can find so many inspiration from Inventory control and price theory also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Inventory control and price theory book for free.



Schumpeter s Price Theory

Schumpeter s Price Theory Author Harry Bloch
ISBN-10 9781317531869
Release 2017-08-15
Pages 174
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Joseph Alois Schumpeter has long been recognised as one of the great economists of the 20th Century, and his truly revolutionary approach to economic development continues to gain appreciation. This is particularly due to the emphasis he places on innovation and creative destruction as drivers of economic development. Yet, aspects of his theory remain neglected and poorly understood, especially his treatment of prices and price dynamics. This book provides a comprehensive and critical examination of Schumpeter’s price theory as well as providing suggestions for the further development of the theory. While Schumpeter’s theories of economic development, entrepreneurship and the business cycle have received substantial attention in the literature, his price theory has been neglected. Yet, he proposes a price theory that is as radical as his treatment of other topics. The holistic nature of his theory also naturally means that a better understanding of his price theory will provide extra insight into other aspects of his theoretical framework. This volume is of great interest to those who study Schumpeter’s work, as well as those who have an interest in history of economic thought, economic theory and philosophy and political economy.



Making Chicago Price Theory

Making Chicago Price Theory Author Daniel J. Hammond
ISBN-10 9781135994303
Release 2006-09-27
Pages 165
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Milton Friedman and George J. Stigler shaped economics as we know it today – their Chicago School laid the groundwork for much of the neoclassical tradition in economic analysis. This book brings together a collection of letters from these two Noble laureates from the post-war years, containing new information about their personal and professional relationships, and also illuminating the development of ideas which are now fundamental to economic theory. The book, expertly edited by Dan and Claire Hammond, contains an introductory chapter, chronologies for Friedman and Stigler, and transcripts of sixty eight letters written from 1945 to 1957 along with enclosures.



Price Theory and Applications

Price Theory and Applications Author Steven Landsburg
ISBN-10 0538745185
Release 2010-08
Pages 693
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Price Theory and Applications has been writing in one form or another for most of life. You can find so many inspiration from Price Theory and Applications also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Price Theory and Applications book for free.



Post Keynesian Price Theory

Post Keynesian Price Theory Author Frederic S. Lee
ISBN-10 1139426974
Release 1999-02-04
Pages
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Frederic Lee sets out the foundations of a post-Keynesian price theory through developing an empirically grounded production schema. The administered, normal cost and mark-up price doctrines are explained in parts I-III of the book, as many of their theoretical arguments are important for developing the foundations. This involves discussing the work of Gardiner Means, Philip Andrews, and Michal Kalecki as well as the developers of the doctrines, such as Edwin Nourse, Paolo Sylos Labini, Harry Edwards, Josef Steindl and Alfred Eisner. Drawing upon the arguments and formal modelling offered by the doctrines, in conjunction with empirical evidence from one hundred studies on pricing and production, Dr Lee develops an empirically grounded pricing model and production schema. He argues that the model and the schema together constitute the foundations for post-Keynesian price theory.



Price theory

Price theory Author Richard K. Armey
ISBN-10 UOM:39076005242503
Release 1977
Pages 367
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Price theory has been writing in one form or another for most of life. You can find so many inspiration from Price theory also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Price theory book for free.



Price Theory

Price Theory Author William James Louden Ryan
ISBN-10 0333179137
Release 1977-01-01
Pages 399
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Price Theory has been writing in one form or another for most of life. You can find so many inspiration from Price Theory also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Price Theory book for free.