In the age of globalisation both domestic and foreign economic
policies play an important role in determining firms' strategies.
Understanding such policies is an essential part of the cultural
background of managers at all levels of a firm. At the same time,
firms' choices have a greater impact on economic policymaking in a
global economy, as the range of alternatives open to them expands.
In this textbook, Professor Acocella analyses both sides of this
relationship. Special emphasis is placed on current issues: in
policymaking on the basis of social choice principles and the
normative and positive theory of economic policy; and issues
concerning the establishment of international public institutions
that can match the global reach of the private institutions
(markets and firms) that generate many of today's economic
challenges. Broad in scope, this book is aimed at students who have
completed an introductory course in both micro and macroeconomics.
General
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