Welfare & Competition.
Dealing with general economic theory, other than employment theory, the book discusses the theory of pure and monopolistic competition - with a special emphasis upon welfare aspects. Beginning with an analysis of the consumer and of the individual firm, the main stress is nevertheless placed on the...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Hoboken :
Taylor and Francis,
2013.
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Colección: | Routledge library editions. Economics ;
103. Welfare economics and economic policy ; v. 7. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Title Page; Copyright Page; Dedication; PREFACE; TABLE OF CONTENTS; PART I. INTRODUCTION; I. THE SUBJECT MATTER OF ECONOMICS; II. THE MARKET; 1. Isolated Bargaining; 2. Competitive Bargaining; 3. Perfect Competition; 4. Price Setting; 5. The Types of Competition among Price Makers; 6. Bilateral Monopoly; 7. Trade on Prescribed Terms; PART II. THE PRICE TAKER'S BEHAVIOR AND PERFECT COMPETITION; III. THE CONSUMER; 1. The Indifference Map; 2. The Income-Consumption Curve; 3. The Price-Consumption Curve; 4. Complementarity and Substitutability; 5. The Importance of Time and Habit.
- IV. THE CONSUMERS' MARKET AND THE NOTION OF ECONOMICEFFICIENCY1. The Efficiency of Distribution; 2. Equity and Efficiency; NOTE TO CHAPTER IV: Productive Efficiency and the Size of the National Product; V. THE WORKER AND THE EFFICIENCY OF THE LABOR MARKET; 1. The Worker's Choice between Work and Leisure; 1a. The Income-Offer Curve; lb. The Price-Offer Curve; 2. Allocation of Work within One Occupation; 3. The Worker's Choice of Occupation; 4. Specialization among Workers; 5. An Alternative Approach; 6. The Distribution of Income Paid for Personal Services; VI. THE FIRM.
- 1. The Production FunctionVII. THE FIRM (CONTINUED): THE MARKET BEHAVIOR OF THEFIIW; 1. The Combination of Productive Factors; 2. The Determination of the Firm's Output; 3. The Combination of Products; 4. The Firm's Offer of Products; 5. Technical Complementarity and Substitutability; 6. The Firm's Demand for Factors; NOTE TO CHAPTER VII: The Entrepreneur; VIII. THE EFFICIENCY OF PRODUCTION; 1. The Technological Efficiency of the Firm; 2. The Technological Efficiency of the Industry; 2a. Efficient Allocation within the Industry.
- 2b. The Average Technological Efficiency of the Industry's Members3. The Economic Efficiency of the Firm; 3a. The Efficient Combination of Products; 3b. The Efficient Combination of Factors; 3c. The Efficient Rate of Production; 3d. The General Case; 4. The Economic Efficiency of the Industry; 5. The Economic Efficiency of Allocation between Industries; 6. The General Efficiency of the Perfectly Competitive Economy; NOTE TO CHAPTER VIII: The Distinction between Social and Private Marginal Value and Product; 1. Social versus Private Marginal Value; 2. Social versus Private Marginal Product.
- IX. CAPITAL1. The Subject Matter of Dynamic Economics; 2. Stability and Dynamic Efficiency; 2a. The Willingness to Borrow; 2b. The Willingness to Lend; 3. Capital as a Factor of Production; 4. The Investment Policy of the Firm; 5. The Allocation of Capital; 6. The Scarcity of Capital and Its Remuneration; NOTE TO CHAPTER IX: Land; X. THE STABILITY OF PERFECT COMPETITION; 1. The Subject Matter of Dynamic Economics; 2. Stability and Dynamic Efficiency; 3. Speculation; PART III. THE PRICE MAKER'S BEHAVIOR AND FREE COMPETITION; XI. THE PRINCIPLES OF THE PRICE MAKER'S BEHAVIOR; 1. The Seller.