Welfare and Competition
Tibor Scitovsky(Author)
Gregg Revivals (Publisher)
Published on 16. December 1993
Book
Hardback
490 pages
978-0-7512-0253-3 (ISBN)
Description
Covers general economic, rather than employment, theory. The text explains the theory of pure competition, the working of the market economy and the pricing system. The work focuses on firms' behaviour and the economic system's efficiency under varying forms of monopolistic competition.
More details
Series
Edition
New ed of 2 Revised ed
Language
English
Place of publication
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Professional and scholarly
Illustrations
Illustrations
Dimensions
Height: 147 mm
Width: 222 mm
Weight
800 gr
ISBN-13
978-0-7512-0253-3 (9780751202533)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Content
Part 1: the subject matter of economics; the market. Part 2: the price teker's behaviour and perfect competition; #, the consumer; the consumers' market and the notion of economic efficiency; the worker and the efficiency of the labour market; the firm; the firm (continued) - the marker behaviour of the firm; the efficiency of production; capital; the stability of perfect competition. Part 3: irrationality, indivisibility, inequality; consumer's sovereignty and rationality; the indivisibility of products; externalities; equity and the distribution of income. Part 4: the price maker's behaviour and free competition; the profit margin; the cost of production; the conditions of free competition; the efficiency of free competition. (part contents)