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Books > Business & Economics > Economics > Microeconomics > General

Prediction Markets - Theory and Applications (Hardcover): Leighton Vaughan-Williams Prediction Markets - Theory and Applications (Hardcover)
Leighton Vaughan-Williams
R4,219 Discovery Miles 42 190 Ships in 12 - 17 working days

How can we effectively aggregate disparate pieces of information that are spread among many different individuals? In other words, how does one best access the ?wisdom of the crowd Prediction markets, which are essentially speculative markets created for the purpose of aggregating information and making predictions, offer the answer to this question. The effective use of these markets has the potential not only to help forecast future events on a national and international level, but also to assist companies in providing, for example, improved estimates of the potential market size for a new product idea or the launch date of new products and services.

The markets have already been used to forecast uncertain outcomes ranging from influenza outbreaks to the spread of other infectious diseases, to the demand for hospital services, to the box office success of movies, climate change, vote shares and election outcomes, to the probability of meeting project deadlines. The insights gained also have many potentially valuable applications for public policy more generally. These markets offer substantial promise as a tool of information aggregation as well as forecasting, whether alone or as a supplement to other mechanisms like surveys, group deliberations, and expert opinion. Moreover, they can be applied at a macroeconomic and microeconomic level to yield information that is valuable for government and commercial policy-makers and which can be used for a number of social purposes.

This volume of original readings, contributed by many of the leading experts in the field, marks a significant addition to the base of knowledge about this fascinating subject area. The book should appeal to all those with an interest in economics, forecasting or public policy, and in particular those with an interest in the study of money, investment and risk.

Applied Microeconomic Theory - Selected Essays of B. Curtis Eaton (Hardcover): B. C. Eaton Applied Microeconomic Theory - Selected Essays of B. Curtis Eaton (Hardcover)
B. C. Eaton
R4,559 Discovery Miles 45 590 Ships in 12 - 17 working days

Applied Microeconomic Theory presents a seminal collection of the author's influential papers in a number of areas of applied microeconomic theory. This invaluable volume contains a selection of both published and unpublished papers written over a period of thirty years and reveals Curtis Eaton's profound economic insight and ability. Topics covered include: * Strategic market structure. Beginning with Eaton's pioneering 1975 paper on pre-emption by product proliferation in a differentiated oligopoly and ending with his paper - in collaboration with Nicholas Schmitt - on the implications for market structure of flexible manufacturing published in 1995. * Efficiency wages, including two of the very earliest papers on the subject written in collaboration with William White. * Theory of price in both labour and output markets. * Collusive behavior, including a number of important papers written in collaboration with Mukesh Eswaran.

Environmental Costs and Liberalization in European Air Transport - A Welfare Economic Analysis (Hardcover): Youdi Schipper Environmental Costs and Liberalization in European Air Transport - A Welfare Economic Analysis (Hardcover)
Youdi Schipper
R2,969 Discovery Miles 29 690 Ships in 12 - 17 working days

With air transport becoming an increasingly vital part of the economy, the regulatory reform of this market has been a major development in European political economy. This book focuses on two market failures within the airline industry - market power and environmental externalities - and analyses how they have been affected by deregulation. The author employs economic models complemented by extensive empirical research, to demonstrate how the introduction of competition, brought about by liberalization, has resulted in considerable consumer benefits. The author argues that these benefits, such as increased choice through the expansion of operations, must be off set against increased environmental costs including greater noise pollution and emissions, not to mention the reduction of profits that often accompany market liberalization. In the process the book tackles a number of important issues including the background and history of airline regulation in the EU, the basic policy trade-off between monopoly power and external costs, monetary valuation of externalities, and the relationship between airline scheduling and external costs. Perhaps surprisingly, the author concludes that even in the presence of environmental costs, the introduction of competition in airline markets has resulted in net welfare improvements. Policymakers, as well as practitioners and researchers of environmental and transport economics, should draw great value from this original and pertinent volume.

Managing New Product Development and Innovation - A Microeconomic Toolbox (Hardcover): Hariolf Grupp, Shlomo Maital Managing New Product Development and Innovation - A Microeconomic Toolbox (Hardcover)
Hariolf Grupp, Shlomo Maital
R3,954 Discovery Miles 39 540 Ships in 12 - 17 working days

Managing New Product Development and Innovation provides a new approach to the microeconomics of innovation by measuring the technical quality of new products and guiding the managers of innovation and technology in the central considerations of today's knowledge-based companies. The volume features a selection of practical microeconomic tools for managing new product development and innovation. By quantifying product features and evaluating the costs and market value of improvements, a simple yet powerful conceptual framework is created. Using this framework, creative business models can be built, along with innovative products, services and processes that achieve marketplace success. The authors address five key questions facing managers of knowledge-based companies: * Which new features should be added to existing products? * Which radically new features should be innovated? * How can marketing and R&D be integrated? * How can the value of brand names be estimated and optimized? * How can the sophistication of product technology be measured - both at a given point in time and between two points in time? This path-breaking volume will be essential reading for managers of innovation, and will be warmly welcomed by teachers and advanced students with an interest in innovation and industrial economics.

Enterprise Forms and Economic Efficiency - Capitalist, Cooperative and Government Firms (Hardcover): Kazuhiko Mikami Enterprise Forms and Economic Efficiency - Capitalist, Cooperative and Government Firms (Hardcover)
Kazuhiko Mikami
R4,355 Discovery Miles 43 550 Ships in 12 - 17 working days

The book conducts a comparative study on the form of enterprise, focusing on broadly defined cooperative firms in comparison with conventional capitalist firms. It explores the essential advantages and disadvantages of the different types of firms and attempts to answer why capitalist firms are so prevalent in our economy.

The book attempts to explain these questions from the viewpoint of "market failure" in the framework of standard microeconomic theory. In this analytical framework, it proposes an alternative system of business organization based upon consumer cooperatives and the market for their memberships, which can coexist consistently with the system of capitalist firms and the stock market within a single market economy.

The existing studies of the cooperative sector have been rather ideological. The analytical framework that is presented in this book helps promote scientific exploration of cooperative and other types of firms, which are indispensable and potentially promising constituents of our society.

State and Local Public Finance (Paperback, 5th edition): Ronald C. Fisher State and Local Public Finance (Paperback, 5th edition)
Ronald C. Fisher
R1,123 Discovery Miles 11 230 Ships in 9 - 15 working days

State and Local Public Finance provides a comprehensive and sophisticated analysis of state and local government public finance practices and issues, using the basic tools of economics. This fifth edition maintains its focus on key local services such as education, health care, and transportation and brings in new coverage of land use and housing, applications from behavioral economics, and more international comparisons. This textbook provides an examination and analysis of public finance practices and problems in a federal fiscal system, focusing on the fiscal behavior and policies of state and local governments. Modern economic theory is applied to examine the way key institutions are used to produce and finance services and to provide evaluation of alternative policies. This stalwart text will continue to be invaluable reading for those who study public finance, local government finance, urban economics, public policy, and public administration.

Latin American Theories of Development and Underdevelopment (Hardcover): Cristobal Kay Latin American Theories of Development and Underdevelopment (Hardcover)
Cristobal Kay
R4,222 Discovery Miles 42 220 Ships in 12 - 17 working days

Upon its publication in 1989, this was the first systematic and comprehensive analysis of the Latin American School of Development and an invaluable guide to the major Third World contribution to development theory. The four major strands in the work of Latin American Theorists are: structuralism, internal colonialism, marginality and dependency. Exploring all four in detail, and the interconnections between them, Cristobal Kay highlights the developed worlda (TM)s over-reliance on, and partial knowledge of, dependency theory in its approach to development issues, and analyses the first major challenges to neo-classical and modernisation theories from the Third World.

Development in Malaysia (Routledge Revivals) - Poverty, Wealth and Trusteeship (Hardcover): Ozay Mehmet Development in Malaysia (Routledge Revivals) - Poverty, Wealth and Trusteeship (Hardcover)
Ozay Mehmet
R3,203 R1,069 Discovery Miles 10 690 Save R2,134 (67%) Ships in 12 - 17 working days

First published in 1986, the Malaysian economy has grown remarkably since 1970 but despite this poverty is still widespread. This book examines the record of economic development in Malaysia over this period and evaluates the success of the New Economic Policy. In particular it examines the merits of the trusteeship strategy in its aim to eradicate poverty and in socioeconomimc restructuring.

Problems of Economic Policy (Routledge Revivals) (Hardcover): Keith Hartley Problems of Economic Policy (Routledge Revivals) (Hardcover)
Keith Hartley
R4,358 Discovery Miles 43 580 Ships in 12 - 17 working days

First published in 1977, this is an applied economics text, in which the basic theory of any introductory economics couurse is applied to a whole range of UK macro- and micro-economic policy issues. The book is designed specifically for first and second year university students, with the aim of demonstrating the relevance of theory to policy, how theory can be applied to policy problems and, in the process, to improve their understanding of the theory itself.

Behavioral Economics - The Basics (Hardcover, 2nd edition): Philip Corr, Anke Plagnol Behavioral Economics - The Basics (Hardcover, 2nd edition)
Philip Corr, Anke Plagnol
R2,603 Discovery Miles 26 030 Ships in 12 - 17 working days

The second edition of Behavioral Economics: The Basics summarizes behavioral economics, which uses insights from the social sciences, especially psychology, to explain real-world economic behavior. Behavioral economic insights are routinely used not only to understand the choices people make but also to influence them, whether the aim is to enable citizens to lead healthier and wealthier lives, or to turn browsers into buyers. Revised and updated throughout with fresh current-event examples, Behavioral Economics: The Basics provides a rigorous yet accessible overview of the field that attempts to uncover the psychological processes which mediate all the economic judgements and decisions we make. The book showcases how behavioral economics is rooted in some now-old (philosophical, political, and moral) ideas surrounding economics, and in an important sense is a modern expression of some long-standing criticisms of mainstream economics. It contrasts the neoclassical economic perspective (ECON) with a more realistic perspective (HUMAN – the flesh-and-blood economic agent who is not perfect in all respects but who manages to do the best under limitations and constraints). This is a comprehensive overview of the whole field, covering all the main areas, presented in a rigorous yet accessible form. It should especially appeal to students, those with an interest in applying behavioral economic knowledge in their professional life, and anyone who wants to know how they are being influenced every day of their lives by (usually unseen) behavioral insights.

Air Transport Networks - Theory and Policy Implications (Hardcover): Kenneth Button, Roger R. Stough Air Transport Networks - Theory and Policy Implications (Hardcover)
Kenneth Button, Roger R. Stough
R3,957 Discovery Miles 39 570 Ships in 12 - 17 working days

Air Transport Networks provides an economic analysis of the way in which the air transport industry operates and the nature of the policies that have been adopted to regulate the sector. The book covers domestic and international air transportation with an emphasis on airlines and includes discussions of related markets such as airports and air traffic control. The authors provide details of how the sector functions and the reasons why the airline industry performs as it does today and explore the ways in which governments have, over the years, attempted to manipulate air transport markets to meet political objectives. This volume will be warmly received by those interested in the operations and the influences that public policy has on the air transport sector. Air Transport Networks will also appeal to policymakers and to those working in the air transportation sector.

The Rise of the Japanese Corporate System (Hardcover): Koji Matsumoto The Rise of the Japanese Corporate System (Hardcover)
Koji Matsumoto; Translated by Thomas Elliott
R3,504 R1,287 Discovery Miles 12 870 Save R2,217 (63%) Ships in 12 - 17 working days

Japan's economy is invariably seen as a prime example of a capitalist system, and a consideration of the elements upon which the Japanese economy is founded seems to lead inexorably to the conclusion that Japan is an established member of the group of highly developed capitalist nations. Yet a country's internal mechanisms can differ markedly from the system as perceived externally. Although not yet widely recognized, a new kind of economic system has developed in Japan, a system that differs greatly from traditional capitalism. The author of this book has observed Japanese industry from the inside. He provides detailed explanations of the unique features of the new corporate system and how it differs from the system of orthodox capitalistic corporations.

Behavioural Sports Economics - A Research Companion (Hardcover): Morris Altman, Benno Torgler, Hannah Josepha Rachel Altman Behavioural Sports Economics - A Research Companion (Hardcover)
Morris Altman, Benno Torgler, Hannah Josepha Rachel Altman
R5,015 Discovery Miles 50 150 Ships in 9 - 15 working days

Economists have entered into the realm of sports to provide what they believe to be more cogent explanations for sport-related behaviour and to suggest ways in which incentives can improve sports outcomes. But prices and income, the traditional workhorses of conventional economics, can only provide partial explanations and understandings. Drawing on a bounded rationality approach to behavioural economics, this book demonstrates the analytical insights to be gained by supplementing the conventional economics toolbox with psychological, cognitive, sociological, and institutional factors. The international cast list of contributors cover a wide range of sports topics on which a behavioural approach can reveal new insights. These include preferences, managerial, efficiency, choking, doping, favouritism, athlete well- being, and spectator behaviour. Throughout the book, there is an emphasis on the cognitive limits to smart decision-making as well as the critical role played by the decision-making environment. This volume demonstrates that adopting a bounded rationality approach, complimented with other behaviouralist approaches, helps to better explain sport-related behavioural, sub-optimal behavioural, and market failures. It also provides insights that could be used to improve sports outcomes and the well-being of those involved in sports and to better configure policy to enhance sports performance. This groundbreaking book will be an indispensable reference to students and scholars of sports economics, sports management, and sports science.

Managerial Economics - A Strategic Approach (Hardcover, 2 Revised Edition): Robert Waschik, Tim Fisher, David Prentice Managerial Economics - A Strategic Approach (Hardcover, 2 Revised Edition)
Robert Waschik, Tim Fisher, David Prentice
R5,994 Discovery Miles 59 940 Ships in 12 - 17 working days

Traditional microeconomic theory has much to offer a manager. It suggests ways to increase profits by setting prices and packaging services, using advertising to increase demand and shows how internet auction sites like eBay affect competition and profitability. By using game theory to present and solve a manager's decision-making problems and by focusing on the strategic nature of these problems, this text makes microeconomic theory much more intuitive and relevant for the business student.

The text is separated into four sections:

  • basic microeconomic theory of the firm and the basic tools of game theory
  • problems related to the strategic interaction between firms, including price and quantity competition and product differentiation
  • issues arising from strategic interactions within the firm, including vertical and horizontal integration, training and motivating workers, and labour unions
  • marketing economics including information problems, advertising, durable goods and the product life cycle.

This book will be suitable for any student with a background of introductory economics. The authors include a variety of international examples and case studies from the business world to expand and illustrate key concepts, and provide end-of-chapter exercises to test students? grasp of the material. An online supplement comprising of problems and solutions as well as PowerPoint slides is available for lecturers.

The International Politics of Surplus Capacity (Routledge Revivals) - Competition for Market Shares in the World Recession... The International Politics of Surplus Capacity (Routledge Revivals) - Competition for Market Shares in the World Recession (Hardcover)
Susan Strange, Roger Tooze
R3,498 R1,193 Discovery Miles 11 930 Save R2,305 (66%) Ships in 12 - 17 working days

This important survey, first published in 1981, presents some different and often contending perceptions of the problem of surplus capacity as it re-emerged in the world of the 1980s an economic climate with many parallels to the current era. Susan Strange and Roger Tooze deliberately assembled writers of many different nationalities, professional backgrounds and ideological convictions and asked them to make the case for their version of the problem. Some even doubt if there really is much of a problem at all. Others see it as fundamentally political, or monetary; as inherent in the capitalist system, or as the product of short-sighted pressure groups and perverse politicians. To help readers judge for themselves, there are specialist contributions on surplus capacity as it has shown up in different sectors of the world economy shipbuilding, textiles, steel, petrochemicals, insurance and banking and on the responses of different actors in the international system, including the European Community and multinational corporations.

Readings in Applied Microeconomics - The Power of the Market (Hardcover): Craig Newmark Readings in Applied Microeconomics - The Power of the Market (Hardcover)
Craig Newmark
R5,418 Discovery Miles 54 180 Ships in 12 - 17 working days

A central concern of economics is how society allocates its resources. Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets work with concrete examples, addresses questions about whether markets actually work well and offers evidence that supposed "market failures" are not as serious as claimed.

Featuring readings from Hayek, William Baumol, Harold Demsetz, Daniel Fischel and Edward Lazear, Benjamin Klein and Keith B. Leffler, Stanley J. Liebowitz and Stephen E. Margolis, and John R. Lott, Jr., this book covers key topics such as:

? Why markets are efficient allocators

? How markets foster economic growth

? Property rights

? How markets choose standards

? Asymmetric Information

? Whether firms abuse their power

? Non-excludable goods

? Monopolies

The selections should be comprehended by undergraduate students who have had an introductory course in economics. This reader can also be used as a supplement for courses in intermediate microeconomics, industrial organization, business and government, law and economics, and public policy.

Microeconomics - A Global Text (Hardcover): Judy Whitehead Microeconomics - A Global Text (Hardcover)
Judy Whitehead
R5,425 R3,813 Discovery Miles 38 130 Save R1,612 (30%) Ships in 12 - 17 working days

Microeconomics is concerned with the production, consumption and distribution of goods by the micro units of individuals, firms and markets within the economy. It can also be considered a study of scarcity and the choices to be made for the attainment of goals within constraints. These goals are those set by consumers, producers and policy makers in the market.

This book provides a brand new approach to the teaching and study of microeconomics ? an elementary guide to the fundamental principles of the subject. It gives students from all parts of the world the opportunity to understand and appreciate the value of microeconomic tools and concepts for analyzing market processes in their economic environment, as well as maintaining a perspective on issues of trade and competitiveness, thus drawing attention to the relevance of microeconomic theory beyond the domestic scene to issues of trade and competitiveness on the international arena.

The book contains a wealth of international case studies and covers topics such as:

- elasticity

- Cobb-Douglas Production functions

- dynamic stability of market equilibrium

- monopolies and monopolistic competition

- project analysis

The perfect introduction to the building blocks of contemporary microeconomic theory, this book will be of interest to undergraduate students in international economics, industrial economics, managerial economics and agricultural economics. It will also be a useful reference guide for graduates requiring a break down of difficult microeconomic principles.

Market Analysis for Real Estate (Paperback): Rena Mourouzi-Sivitanidou Market Analysis for Real Estate (Paperback)
Rena Mourouzi-Sivitanidou; Edited by Petros Sivitanides
R2,623 Discovery Miles 26 230 Ships in 12 - 17 working days

Market Analysis for Real Estate is a comprehensive introduction to how real estate markets work and the analytical tools and techniques that can be used to identify and interpret market signals. The markets for space and varied property assets, including residential, office, retail, and industrial, are presented, analyzed, and integrated into a complete understanding of the role of real estate markets within the workings of contemporary urban economies. Unlike other books on market analysis, the economic and financial theory in this book is rigorous and well integrated with the specifics of the real estate market. Furthermore, it is thoroughly explained as it assumes no previous coursework in economics or finance on the part of the reader. The theoretical discussion is backed up with numerous real estate case study examples and problems, which are presented throughout the text to assist both student and teacher. Including discussion questions, exercises, several web links, and online slides, this textbook is suitable for use on a variety of degree programs in real estate, finance, business, planning, and economics at undergraduate and MSc/MBA level. It is also a useful primer for professionals in these disciplines.

Well-being and Growth in Advanced Economies - The Need to Prioritise Human Development (Hardcover): Maurizio Pugno Well-being and Growth in Advanced Economies - The Need to Prioritise Human Development (Hardcover)
Maurizio Pugno
R1,499 Discovery Miles 14 990 Ships in 9 - 15 working days

Economic growth is generally regarded by governments and most ordinary people as a panacea for all problems, including issues caused by the COVID pandemic. But this raises an important question: is further growth in advanced economies able to increase well-being once people's basic subsistence needs are met? Some advanced market economies, e.g. the United States, have exhibited a decline in well-being, both subjectively and objectively measured, over several decades despite seeing economic growth during the same period. This book provides an original and comprehensive explanation: economic growth, as driven by market forces, induces people, through both the demand- and supply-side channels, to pursue command over more material resources, and this weakens the self-generation of capabilities, putting well-being at risk of deterioration. The book argues, with the support of a variety of evidence, that the challenge can be overcome if governments' policies and people's choices pursue, as their ultimate goal, 'fundamental human development' on an evolutionary basis: the development of the capability of a typical person to conceive and share with others new purposes, to pursue them individually or collectively, and thus to contribute to building human culture. If such human development is prioritised, it makes people satisfied with their lives and resistant to adverse shocks, and it can even shape the pattern of economic growth. By contrast, if economic growth is prioritised, it tends to weaken and impoverish fundamental human development, and consequently people's well-being and social cohesion. With this volume, readers will find an answer to a problem that is both urgent and long-term, both individual and societal. The work makes a substantial contribution to the literature on wellbeing, the economics of happiness, human capital and growth, and the capability approach.

Capitalism and Inequality - The Role of State and Market (Paperback): G.P. Manish, Stephen C. Miller Capitalism and Inequality - The Role of State and Market (Paperback)
G.P. Manish, Stephen C. Miller
R1,237 Discovery Miles 12 370 Ships in 9 - 15 working days

Capitalism and Inequality rejects the popular view that attributes the recent surge in inequality to a failure of market institutions. Bringing together new and original research from established scholars, it analyzes the inequality inherent in a free market from an economic and historical perspective. In the process, the question of whether the recent increase in inequality is the result of crony capitalism and government intervention is explored in depth. The book features sections on theoretical perspectives on inequality, the political economy of inequality, and the measurement of inequality. Chapters explore several key questions such as the difference between the effects of market-driven inequality and the inequality caused by government intervention; how the inequality created by regulation affects those who are less well-off; and whether the economic growth that accompanies market-driven inequality always benefits an elite minority while leaving the vast majority behind. The main policy conclusions that emerge from this analysis depart from those that are currently popular. The authors in this book argue that increasing the role of markets and reducing the extent of regulation is the best way to lower inequality while ensuring greater material well-being for all sections of society. This key text makes an invaluable contribution to the literature on inequality and markets and is essential reading for students, scholars, and policymakers.

The Socialist Industrial State - Towards a Political Sociology of State Socialism (Hardcover): David Lane The Socialist Industrial State - Towards a Political Sociology of State Socialism (Hardcover)
David Lane
R2,729 Discovery Miles 27 290 Ships in 12 - 17 working days

The Socialist Industrial State (1976) examines the state-socialist system, taking as the central example the Soviet Union - where the goals and values of Marxism-Leninism and the particular institutions, the form of economy and polity, were first adopted and developed. It then considers the historical developments, differences in culture, the level of economic development and the political processes of different state-socialist countries around the globe.

General Equilibrium Analysis - A Micro-Economic Text (Paperback): Harry G Johnson General Equilibrium Analysis - A Micro-Economic Text (Paperback)
Harry G Johnson
R1,430 Discovery Miles 14 300 Ships in 12 - 17 working days

This is a new kind of textbook in microeconomic theory. In place of the usual concentration on partial equilibrium analysis and discussion of a standard series of topics, the authors seek to introduce the student from the start to the general equilibrium approach to microeconomics, in the form of the two-sector model. This model is then applied to a variety of subjects in different special fields of economic analysis: welfare economics, international trade, public finance and income distribution. This book represents a very different approach to the teaching of micro-economic theory than normally followed, and one that will be of greater long-run value to the serious student of economics. In place of the usual textbook development of the subject as traditionally conceived through topics of increasing complexity and analytical difficulty, using partial equilibrium techniques of analysis, the book concentrates on the exposition and application of a more logically integrated set of tools that have been found of greater use in the analysis of problems arising not only in traditional micro-economics but also in a number of fields of economics that have customarily been hived off into separate specialized advanced courses. "General Equilibrium Analysis" starts with the description of the two-sector model and how these two sectors are built based on the individual micro-units in which they made up of and how they fit into the concept of the circular flow of income. Subsequent chapters deal with the evaluation of changes in factor endowment, demand preferences and technical progress by means of the model; and the theory of government, which includes both the theory of government expenditure, or public goods, and the theory of government tax and/or subsidy programmes-changes in budgetary scale, tax substitution and expenditure substitution. The model is then extended to an open economy-the so-called "two by two by two"--to consider both the normative effect of international trade and the possible determinants of international trade, with special attention being given to the relationship between commodity trade and factor mobility. Lastly this model is opened into a dynamic model of growth with its emphasis on requirements for the economy to maximize consumption per head on its long-run equilibrium growth path, and the effect of international trade on the growth path itself. "Harry G. Johnson" was Professor of Economics at both the London School of Economics and the University of Chicago. He has been editor of "The Manchester School and the Journal of Political Economy" and has served on the research staff of the Royal Commission on Banking and Finance, as a Consultant to the Board of Governors of the Federal Reserve System and as a Member of the Review Committee on Balance of Payments Statistics. Melvyn B. Krauss is William L. Clayton Senior Fellow, at the Hoover Institution. His current research focuses on the topics of foreign trade policy, regional economics and the relationship between free trade and the welfare state Both have published numerous journal articles applying general equilibrium analysis of the type deployed here to international trade, public finance and related fields.

Intermediate Microeconomics and Its Application (Hardcover, 13th edition): Walter Nicholson, Christopher Snyder Intermediate Microeconomics and Its Application (Hardcover, 13th edition)
Walter Nicholson, Christopher Snyder
R1,342 R1,204 Discovery Miles 12 040 Save R138 (10%) Ships in 10 - 15 working days

Discover an exceptionally clear, concise introduction to microeconomics using an approach that avoids high-level mathematics but still offers meaningful practice with Nicholson/Snyder's INTERMEDIATE MICROECONOMICS AND ITS APPLICATION, 13E. These prestigious authors present the economics of markets using a managerial focus and a variety of approaches, including intuitive illustrations, graphical presentations and some simple algebra. A wealth of relevant applications and current examples demonstrate microeconomics at work in a variety of settings. In addition, updated step-by-step video problems and engaging activities allow you to learn by doing. This edition's full-color revisions explain the latest developments and events, including the economic impact of the COVID pandemic. New MindTap online resources are also available to further strengthen your mastery of microeconomic concepts.

Europe Competing in the Global Economy - Reports of the Competitiveness Advisory Group (Hardcover): Alexis Jacquemin, Lucio R.... Europe Competing in the Global Economy - Reports of the Competitiveness Advisory Group (Hardcover)
Alexis Jacquemin, Lucio R. Pench
R2,993 Discovery Miles 29 930 Ships in 12 - 17 working days

This authoritative book, bringing together the reports of the Competitiveness Advisory Group, identifies actions to improve European competitiveness politically, economically and socially. The objective is to raise living standards and maintain social cohesion. The Competitiveness Advisory Group has the mission of advising the European Commission and the Heads of State and Government of the European Union. The members of this independent group, which includes leading industrialists, trade unionists, politicians and academics, have adopted a 'bottom-up' approach, seeking to draw lessons from the experience of countries, industries and firms: they rely on 'benchmarking' in order to identify best practice. In the context of increasing interdependence of world trade and consequent globalization of the international economy new policy prescriptions are required for growth and employment, greater efficiency and higher standards of living. In relation to this, the Group discusses the need to close the worldwide technology gap, for Europe to develop deeper relations with the fast growing Asia Pacific region and argues for greater European solidarity in international trade negotiations. Within the European Union itself, it emphasizes the need to achieve the internal market for the free flow of goods, services and people. In addition, it stresses that Europe needs to catch-up, construct and eventually lead the development of the information society in which workers are recognized as a major asset to be invested in. The Group concludes that, although unemployment remains high, European competitiveness now has a brighter future with the movement towards economic and monetary union, and the enlargement of the European Union eastwards. This book will be essential reading for policymakers, government advisers, industrialists and academics concerned with the future of European economies and societies.

Standardising Development - Influences on UK NGOs' Policies and Procedures (Paperback): Tina Wallace, Sarah Crowther,... Standardising Development - Influences on UK NGOs' Policies and Procedures (Paperback)
Tina Wallace, Sarah Crowther, Andrew Shepherd
R397 Discovery Miles 3 970 Ships in 12 - 17 working days
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