210 Pages
by
Routledge
210 Pages
by
Routledge
208 Pages
by
Routledge
Also available as eBook on:
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... Read more
1. Introduction 2. The Logic of Choice 3. Capital, Technology and Time 4. The Decentralization of Decisions 5. Private Ownership: The System In Outline 6. The long-run adjustment of supply to demand 7. The short-run adjustment of supply to demand 8. The general level of employment, output and prices 9. The role of money Conclusion
Biography
Richardson, G. B.
