Bibliographic Information

The economics of modern business

W.D. Reekie, D.E. Allen and J.N. Crook

Blackwell Business, 1991

2nd ed., rev. and updated

Available at  / 17 libraries

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Includes bibliographical references and index

Description and Table of Contents

Description

Outdated management techniques cannont be expected to cope with the complex problems of modern business. Today's managers must have a better understanding of the internal structure of the firm and a clear picture of the firm's place within the economy as a whole. In the thoroughly revised and updated second edition of this highly original textbook for business students, W. D. Reekie, D. E. Allen and J. N. Crook examine contemporary management issues in an objective and well balanced fashion. A special feature of the book is its successful intergration of introductory financial analysis with microeconomic theory. It includes extensive sections on financial markets, distribution channels, industrial relations and government policies and stresses the overriding importance of market forces in business decision-making. The second edition incorporates all the changes created by 'big bang', new accounting standards, the EC and the harmoniation of reporting requirements as well as a completely revised discussion of taxation systems, industrial relations, pricing, small firms, privatizations and monopoly policy. It is an essential text for students and provides an up-to-date and complete introduction to the economics of modern business.

Table of Contents

  • Plan and purpose
  • setting the scene
  • prices and demand
  • production and costs
  • market structure and business conduct
  • scale and firm growth
  • forecasting
  • pricing policies
  • financial decision-taking and control
  • financing British industry
  • British industry and its changing pattern
  • public enterprise
  • markets and distribution channels
  • industrial relations and the market for labour
  • government policy towards industry.

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