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Foundations of Organisational Economics - Histories and Theories of the Firm and Production (Hardcover)
Loot Price: R3,874
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Foundations of Organisational Economics - Histories and Theories of the Firm and Production (Hardcover)
Series: Routledge Studies in the History of Economics
Expected to ship within 12 - 17 working days
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Foundations of Organisational Economics: Histories and Theories of
the Firm and Production delves into a range of key topics to do
with the history of the mainstream approach to the theory of
production and the theory of the firm. This includes the frameworks
used to analyse production, the division of labour and its
application to the firm and the development of the neoclassical
model of production. The first topic explored is the change from a
normative approach to a largely positive approach to the analysis
of the theory of production, which occurred around the seventeenth
century. The next topic is an examination of the relationship (or
the lack of a relationship) between the division of labour and the
theory of the firm. In the fourth chapter, the focus is on the
development of the proto-neoclassical approach to production. Here,
the development of the theories of monopoly, oligopoly and perfect
competition are discussed, as well as the theory of input
utilisation. Chapter 5 looks at Marshall's idea of the
representative firm, which was the main early neoclassical approach
to the theory of industry-level production. The penultimate chapter
considers the criticisms made of the neoclassical model between
1940 and 1970. This work is an illuminating reference for students
and researchers of the history of economic thought, industrial
organisation, microeconomic theory and organisational studies.
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