Economic Theory.
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...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Hoboken :
Taylor and Francis,
2013.
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| Subjects: | |
| Online Access: |
Full text (MFA users only) |
| ISBN: | 9781136506123 1136506128 |
| Local Note: | ProQuest Ebook Central |
Table of Contents:
- Cover; Title Page; Copyright Page; Table of Contents; Preface; 1 Introduction; 2 The logic of choice; 3 Capital, technology and time; 4 The decentralization of decisions; 5 Private ownership: the system in outline; 6 The long-run adjustment of supply to demand; 7 The short-run adjustment of supply to demand; 8 The general level of employment, output and prices; 9 The role of money; 10 Conclusion; Index.