Originally published in 1976, Supply in a Market Economy was a new
kind of introductory micro-economics text which both assesses the
usefulness of traditional theory in tackling social and economic
problems and compares and contrasts the alternative approaches to
the practical problems inherent in the allocation of scarce
resources. Richard Jones has succeeded in bringing together the
most useful features of a standard microeconomics theory book with
empirical and applied material more usually dealt with separately
in second year surveys of industrial organisation. The book gives
full coverage to the standard theories of the firm, of production,
of cost and scale, and of location, to recent critiques of these
theories and to alternative approaches now being proposed.
Integrated into this theoretical background is a clear analysis of
the relationship of these theories to market structures and the
economics of industry, and a ‘real-world’ examination of
markets in action – with individual sections on the control of
rents, on the water supply industry, on the effect of taxation on
commodities, and on the economics of crime and its prevention.
Supply in a Market Economy would prove to be an invaluable new
course-book for first and second year students of microeconomics at
the time and particularly for those non-specialists who were
impatient to see the relevance and applications of traditional
theory to real problems. Now it can be read in its historical
context.
General
Imprint: |
Taylor & Francis
|
Country of origin: |
United Kingdom |
Series: |
Studies in Economics and Political Science |
Release date: |
October 2023 |
First published: |
1976 |
Authors: |
Richard Jones
|
Dimensions: |
216 x 138mm (L x W) |
Pages: |
188 |
ISBN-13: |
978-1-03-212918-1 |
Categories: |
Books
|
LSN: |
1-03-212918-2 |
Barcode: |
9781032129181 |
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