How Markets Work

How Markets Work PDF Author: Robert E. Prasch
Publisher: Edward Elgar Publishing
ISBN: 1848443978
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
How Markets Work presents a new and refreshing introduction to elementary economics. The venerable theory of supply and demand is reconstituted upon plausible and defensible assumptions concerning human nature, the law, and the facts of everyday life in short the Real World . The message is that markets differ in ways that matter. Starting with a brief survey of property and contract law, the lectures develop several ideal types of markets such as credit, assets, and labor while illuminating the similarities and differences among them. Care has been taken to ensure that the reformulations presented are accessible to students and compatible with a variety of non-mainstream traditions in economic thought. Topics covered include the theory of markets, labor markets, market processes when influenced by the availability of information, and social, ethical and political considerations. Also discussed are commodity, credit and asset markets, contracts, dynamics of labor markets, and the economics of discrimination. This book is intended as an essential supplemental text for undergraduate economics students, particularly in heterodox programs, as well as for those in companion liberal arts and sociology fields looking for an accessible introduction to essential economic theory.

How Markets Work

How Markets Work PDF Author: Robert E. Prasch
Publisher: Edward Elgar Publishing
ISBN: 1848443978
Category : Business & Economics
Languages : en
Pages : 185

Get Book Here

Book Description
How Markets Work presents a new and refreshing introduction to elementary economics. The venerable theory of supply and demand is reconstituted upon plausible and defensible assumptions concerning human nature, the law, and the facts of everyday life in short the Real World . The message is that markets differ in ways that matter. Starting with a brief survey of property and contract law, the lectures develop several ideal types of markets such as credit, assets, and labor while illuminating the similarities and differences among them. Care has been taken to ensure that the reformulations presented are accessible to students and compatible with a variety of non-mainstream traditions in economic thought. Topics covered include the theory of markets, labor markets, market processes when influenced by the availability of information, and social, ethical and political considerations. Also discussed are commodity, credit and asset markets, contracts, dynamics of labor markets, and the economics of discrimination. This book is intended as an essential supplemental text for undergraduate economics students, particularly in heterodox programs, as well as for those in companion liberal arts and sociology fields looking for an accessible introduction to essential economic theory.

What Is Supply and Demand?

What Is Supply and Demand? PDF Author: Gare Thompson
Publisher: Economics in Action (Paperback
ISBN: 9780778744573
Category : Juvenile Nonfiction
Languages : en
Pages : 0

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Book Description
The concept of supply and demand is made easy in this book. Learn the ins and outs of this fundamental concept of economics.

Principles of Conflict Economics

Principles of Conflict Economics PDF Author: Charles H. Anderton
Publisher: Cambridge University Press
ISBN: 1107184207
Category : Business & Economics
Languages : en
Pages : 527

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Book Description
Provides comprehensive, up-to-date coverage of the key themes and principles of conflict economics.

Principles of Economics 2e

Principles of Economics 2e PDF Author: Steven A. Greenlaw
Publisher:
ISBN: 9781947172364
Category :
Languages : en
Pages :

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Book Description


The Economics of Supply and Demand

The Economics of Supply and Demand PDF Author: Lawrence Robert Klein
Publisher: Baltimore, Md. : Johns Hopkins University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Lectures on the economics of supply and demand - discusses related economic theories, implementation of supply side economic policies (incl. Incomes policy and indexation), supply-side economic modeling, challenges to Keynesian economics from the supply side, Rational Expectations and monetarism, etc.; includes simulations of the global impact of petroleum price increases. Bibliography, graphs and references.

Principles of Macroeconomics for AP® Courses 2e

Principles of Macroeconomics for AP® Courses 2e PDF Author: Steven A. Greenlaw
Publisher:
ISBN: 9781947172432
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.

The Demand and Supply of Public Goods

The Demand and Supply of Public Goods PDF Author: James M. Buchanan
Publisher:
ISBN: 9780865972216
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
Public-goods theory constituted a major element in James M. Buchanan’s research agenda throughout the 1960s. The Demand and Supply of Public Goods is a major part of that work. At the time that Buchanan was elaborating on his theories of public goods, the prevailing trend in public economics was the emergence of public-expenditure theory, which attempted to form a comprehensive theory of the state around the notion of market failure. The Demand and Supply of Public Goods established Buchanan’s broad purpose of explicitly comparing market performance with political performance. As such, the book is an important part of Buchanan’s contractarian theory of the "productive state.” Conceived originally as a series of lectures given at Cambridge University in 1961 and 1962, The Demand and Supply of Public Goods is written for students, but is in no way a textbook of dry pedagogy. Instead, as Geoffrey Brennan writes in the foreword, "What Buchanan provides here is a clear statement of the contractarian approach to public goods problems, very much in the 'voluntary exchange’ tradition of Wicksell and Lindhal.” James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty in the twentieth century. The entire series will include: Volume 1: The Logical Foundations of Constitutional Liberty Volume 2: Public Principles of Public Debt Volume 3: The Calculus of Consent Volume 4: Public Finance in Democratic Process Volume 5: The Demand and Supply of Public Goods Volume 6: Cost and Choice Volume 7: The Limits of Liberty Volume 8: Democracy in Deficit Volume 9: The Power to Tax Volume 10: The Reason of Rules Volume 11: Politics by Principle, Not Interest Volume 12: Economic Inquiry and Its Logic Volume 13: Politics as Public Choice Volume 14: Debt and Taxes Volume 15: Externalities and Public Expenditure Theory Volume 16: Choice, Contract, and Constitutions Volume 17: Moral Science and Moral Order Volume 18: Federalism, Liberty, and the Law Volume 19: Ideas, Persons, and Events Volume 20: Indexes

The Power of Supply and Demand

The Power of Supply and Demand PDF Author: Lawrence W.C. Lai
Publisher: Hong Kong University Press
ISBN: 9622095690
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
In contrast to many economics texts, which are often abstract and mathematical, this book uses simple language and graphs to demonstrate the general applicability of basic economic concepts, informed by ideas of the transaction cost paradigm, to a wide range of social, physical and legal phenomena. The case studies and applications collected here should enable students and practitioners, especially those in the management of the built and natural environment, to appreciate the power of economic theory in expressing, interpreting, and reviewing policies and practices.

Economics, Real Estate and the Supply of Land

Economics, Real Estate and the Supply of Land PDF Author: Alan W. Evans
Publisher: John Wiley & Sons
ISBN: 0470698322
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
The book draws together the economic literature relating to the supply of land for development. The standard view appears to be that the owners of land have no interest other than to allow their land to be used for the activity which would yield the highest income. But in reality this is not so and the book's aim is to demonstrate this, to set out the reasons and to show the economic effects of the fact that landowners have other motives. The book covers the supply of land for urban development and shows how land has characteristics which differentiate it from other factors of production which will also affect its supply for some uses, e.g. land is fixed in location and its price and value are inseparable from where it is. New light is cast on the market for land (by concentrating on the supply side), and on land use planning (by taking an economic viewpoint).

Public Sector Debt Statistics

Public Sector Debt Statistics PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 161635156X
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
The global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.