376 Pages
by
Routledge
376 Pages
by
Routledge
357 Pages
by
Routledge
Also available as eBook on:
Economics is sometimes divided into two parts: positive economics and normative economics. The former deals with how the economic problem is solved, while the latter deals with how the economic problem should be solved. The effects of price or rent control on the distribution of income are problems of positive economics. The desirability of these effects on income distribution is a problem of... Read more
AldineTransaction Introduction, Preface, Preface to Price Theory: A Provisional Text, 1. Introduction, 2. Theory of Demand, 3. The Welfare Effects of Taxes, 4. The Utility Analysis of Uncertainty, 5. The Relationships Between Supply Curves and Cost Curves, 6. The Law of Variable Proportions and a Firm's Cost Curves, 7. Derived Demand, 8. The Theory of Distribution with Fixed Proportions, 9. The Theory of Marginal Productivity and the Demand for Factors of Production, 10. Marginal Productivity Analysis: Some General Issues, 11. The Supply of Factors of Production, 12. Wage Determination and Unemployment, 13. Wages i n Different Occupations, 14. Relation Between the Functional and Personal Distribution of Income, 15. The Size Distribution of Income, 16. Profits, 17. The Theory of Capital and the Rate of Interest, Appendix A. Reading Assignments, Appendix B. Problems, Index
Biography
Milton Friedman
