Details

Subject(s)

• Economics [Browse]

Series

• Routledge library editions. Economics ; IV. [More in this series]
• Routledge library editions. Economics. Economic theory & econometrics ; IV [More in this series]

Summary note

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 directly, by state planning, or indirectly by private enterprise. An analysis of the working of business competition in both its free and restricted forms follows, and analysis of the determination of the general levels of production employment and prices is also included.

Notes

First published in 1964.

Source of description

Description based on online resource; title from PDF title page (ebrary, viewed December 2, 2013).

Language note

English

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

ISBN

• 1-136-50619-5
• 1-136-50612-8
• 1-315-01642-7

OCLC

• 862613596
• 868979131

Doi

• 10.4324/9781315016429

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