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Economic Theory
DOI link for Economic Theory
Economic Theory book
Economic Theory
DOI link for Economic Theory
Economic Theory book
ByG. B. Richardson
Edition 1st Edition
First Published 2003
eBook Published 30 September 2013
Pub. Location London
Imprint Routledge
Pages 208
eBook ISBN 9781315016429
Subjects Economics, Finance, Business & Industry
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Richardson, G.B. (2003). Economic Theory (1st ed.). Routledge. https://doi.org/10.4324/9781315016429
ABSTRACT
This book introduces economic theory by concentrating on some of the most important matters with which theory deals. Beginning by developing the general criteria of efficiency in the allocation of resources between alternative uses, the book then illustrates how efficient allocation can be promoted directly, by state planning, or indirectly by private enterprise. An analysis of the working of business competition in both its free and restricted forms follows, and analysis of the determination of the general levels of production employment and prices is also included.