This title was first published in 1976. This book provides both an
explanation of the inflation which has bedeviled economic policy in
the West since the end of World War II and a micro-economic theory
to purge Keynesian models of the Walrasian strain derived from
Marshall's Principles. By focusing on what is taken to be the
representative business firm of the twentieth century - the large
corporation or megacorp - the microeconomic model presented in the
book reverses the usual assumptions of economic analysis. Instead
of assuming the existence of firms with no control over prices, the
book examines how the megacorp uses its pricing power to finance
its own internal rate of growth. The result is a determinant model
of how prices are set under the sort of oligopolistic conditions
which prevail in most modern industries throughout the world.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Routledge Revivals |
Release date: |
2019 |
First published: |
1976 |
Authors: |
Alfred S. Eicher
|
Dimensions: |
234 x 156 x 23mm (L x W x T) |
Format: |
Paperback
|
Pages: |
380 |
ISBN-13: |
978-1-138-04525-5 |
Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
LSN: |
1-138-04525-X |
Barcode: |
9781138045255 |
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