Full Industry Equilibrium

Full Industry Equilibrium PDF Author: Arrigo Opocher
Publisher: Cambridge University Press
ISBN: 1316381269
Category : Business & Economics
Languages : en
Pages : 233

Book Description
This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new equilibrium positions of the whole economy. The central message of the book is that too often economists expect more from the microeconomic laws of input demand and output supply than they can really give. The authors show that the zero-net-profit condition requires a more articulated analysis that sometimes yields qualitative results contrary to those of familiar economic laws. Written for academic researchers and graduate students, the book will be of particular interest to those working on the microeconomics of industry equilibrium, comparative statics and Sraffian economics.

Full Industry Equilibrium

Full Industry Equilibrium PDF Author: Arrigo Opocher
Publisher: Cambridge University Press
ISBN: 1107097797
Category : Business & Economics
Languages : en
Pages : 233

Book Description
This original book develops a systematic zero-net-profit comparative statics theory to shed new light on the microeconomics of industry equilibrium.

Full Industry Equilibrium

Full Industry Equilibrium PDF Author: Arrigo Opocher
Publisher:
ISBN: 9781316359662
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 215

Book Description
"This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new equilibrium positions of the whole economy. The central message of the book is that too often economists expect more from the microeconomic laws of input demand and output supply than they can really give. The authors show that the zero-net-profit condition requires a more articulated analysis that sometimes yields qualitative results contrary to those of familiar economic laws. Written for academic researchers and graduate students, the book will be of particular interest to those working on the microeconomics of industry equilibrium, comparative statics and Sraffian economics"--

Economic Theory and its History

Economic Theory and its History PDF Author: Giuseppe Freni
Publisher: Routledge
ISBN: 1317286952
Category : Business & Economics
Languages : en
Pages : 484

Book Description
This collection brings together leading economists from around the world to explore key issues in economic analysis and the history of economic thought. This book deals with important themes in economics in terms of an approach that has its roots in the works of the classical economists from Adam Smith to David Ricardo. The chapters have been inspired by the work of Neri Salvadori, who has made key contributions in various areas including the theory of production, the theory of value and distribution, the theory of economic growth, as well as the theory of renewable and deplorable natural resources. The main themes in this book include production, value and distribution; endogenous economic growth; renewable and exhaustible natural resources; capital and profits; oligopolistic competition; effective demand and capacity utilization; financial regulation; and themes in the history of economic analysis. Several of the contributions are closely related to the works of Neri Salvadori. This is demonstrated with respect to important contemporary topics including the sources of economic growth, the role of exhaustible resources in economic development, the reduction and disposal of waste, the redistribution of income and wealth, and the regulation of an inherently unstable financial sector. All contributions are brand new, original and concise, written by leading exponents in their field of expertise. Together this volume represents an invaluable contribution to economic analysis and the history of economic thought. This book is suitable for those who study economic theory and its history, political economy as well as philosophy.

Advanced Economic Theory

Advanced Economic Theory PDF Author: HL Ahuja
Publisher: S. Chand Publishing
ISBN: 9352533321
Category : Business & Economics
Languages : en
Pages :

Book Description
This authoritative and comprehensive text is an advanced treatise on microeconomics. Featuring simplified mathematical treatment, the book covers a wide spectrum of theories and concepts aimed at effective understanding of advanced economic theory. This revised edition explores further the concept of economic efficiency and the concept of utility and its critique by Prof. Amartya Sen. It further includes an incisive analysis of Hicksian and Slutsky substitution effect. The revision also includes important distinctions and critical analysis of several functions expositing the latest developments in the field.

General Economics for the CA Common Proficiency Test (CPT)

General Economics for the CA Common Proficiency Test (CPT) PDF Author: P. V. Raghavan, R. Vaithianathan, V. S. Murali
Publisher: Pearson Education India
ISBN: 9788131758274
Category :
Languages : en
Pages : 404

Book Description


Microeconomics Sem-I- PBU

Microeconomics Sem-I- PBU PDF Author: Mr. TR Jain, Mr. RK Uppal & Mr. AS Sandhu
Publisher: VK Global Publications
ISBN: 935058476X
Category : Business & Economics
Languages : en
Pages : 416

Book Description


Economics of the European Union

Economics of the European Union PDF Author: Michael Artis
Publisher: Oxford University Press
ISBN: 0199298963
Category : Business & Economics
Languages : en
Pages : 460

Book Description
The new edition of this successful text analyses the current economic issues facing a rapidly changing Europe. The authors combine policy, history and data to present a global perspective of the EU, written with a range of students taking an introductory module in European Economics in mind.With new material on the economic relationship between the EU and the US, Enlargement and the Lisbon process the authors consider the changing landscape and Europe's development as a major global player. The authors use history, theory and analysis including comparative data to evaluate Economic policies ranging from the Common Agricultural Policy and Competition Policy to Social Policy and Monetary Policy and to assess issues such as unemployment and foreign aid.The contributors are drawn from a range of Universities such as Vienna, Manchester, Brussels, LSE and Purdue, as well as institutions such as the IMF and the European Central Bank.

Business Economics

Business Economics PDF Author: Dr. Himanshu Saxena
Publisher: Thakur Publication Private Limited
ISBN:
Category : Education
Languages : en
Pages : 296

Book Description
Buy Business Economics (Major/Minor) e-Book for B.Com 1st Sem/BBA 2nd Sem University of Rajasthan, Jaipur Syllabus as Per (NEP-2020) By Thakur Publication.

General Equilibrium Theory of Value

General Equilibrium Theory of Value PDF Author: Yves Balasko
Publisher: Princeton University Press
ISBN: 1400838916
Category : Business & Economics
Languages : en
Pages : 188

Book Description
The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms. The mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic theory, from multiple markets and economic agents to theories of production. Yves Balasko offers an extensive, up-to-date look at the standard theory of general equilibrium, to which he has been a major contributor. This book explains how the equilibrium manifold approach can be usefully applied to the general equilibrium model, from basic consumer theory and exchange economies to models with private ownership of production. Balasko examines properties of the standard general equilibrium model that are beyond traditional existence and optimality. He applies the theory of smooth manifolds and mappings to the multiplicity of equilibrium solutions and related discontinuities of market prices. The economic concepts and differential topology methods presented in this book are accessible, clear, and relevant, and no prior knowledge of economic theory is necessary. General Equilibrium Theory of Value offers a comprehensive foundation for the most current models of economic theory and is ideally suited for graduate economics students, advanced undergraduates in mathematics, and researchers in the field.