Welfare and competition
Author(s)
Bibliographic Information
Welfare and competition
(Modern revivals in economics)
Gregg Revivals, 1993
[New ed. of 2 rev. ed]
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Note
Originally published : London : Allen & Unwin, 1971
Previous ed.: London : Allen & Unwin, 1952
Includes bibliographical references and index
Description and Table of Contents
Description
Covers general economic, rather than employment, theory. The text explains the theory of pure competition, the working of the market economy and the pricing system. The work focuses on firms' behaviour and the economic system's efficiency under varying forms of monopolistic competition.
Table of Contents
- Part 1: the subject matter of economics
- the market. Part 2: the price teker's behaviour and perfect competition
- #, the consumer
- the consumers' market and the notion of economic efficiency
- the worker and the efficiency of the labour market
- the firm
- the firm (continued) - the marker behaviour of the firm
- the efficiency of production
- capital
- the stability of perfect competition. Part 3: irrationality, indivisibility, inequality
- consumer's sovereignty and rationality
- the indivisibility of products
- externalities
- equity and the distribution of income. Part 4: the price maker's behaviour and free competition
- the profit margin
- the cost of production
- the conditions of free competition
- the efficiency of free competition. (part contents)
by "Nielsen BookData"