1st Edition

Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981) Micro Foundations of Macro Dynamics

By Alfred S. Eicher Copyright 1976
380 Pages
by Routledge

380 Pages
by Routledge

380 Pages
by Routledge

This title was first published in 1976. This book provides both an explanation of the inflation which has bedeviled economic policy in the West since the end of World War II and a micro-economic theory to purge Keynesian models of the Walrasian strain derived from Marshall's Principles. By focusing on what is taken to be the representative business firm of the twentieth century - the large... Read more
1. Introduction  2. The nature of the megacorp  3. The pricing decision  4. Extensions of the basic model  5. The distribution of income  6. Micro and macro  7. Conventional policy instruments  8. Toward social control 

Biography

Alfred S. Eicher taught at Columbia from 1962 until 1971. Later he taught at SUNY Purchase (1971-1980), and then joined the Rutgers University faculty.