1.

Record Nr.

UNINA9910807337703321

Autore

Townsend Harry

Titolo

Foundations of business economics : markets and prices / / Harry Townsend

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 1995

ISBN

1-134-80972-7

1-134-80973-5

1-280-33277-8

0-203-29292-8

0-203-01878-8

Descrizione fisica

1 online resource (220 p.)

Disciplina

338.5

Soggetti

Managerial economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 194-203) and index.

Nota di contenuto

Book Cover; Title; Contents; List of figures; List of tables; Preface; THE ECONOMIC WAY OF THINKING; FIRMS, MARKETS AND INDUSTRIES; AIMS OF BUSINESS; THREE MEANINGS OF COMPETITION; PURE COMPETITION, PERFECT COMPETITION AND EFFICIENT MARKETS; MONOPOLY AND ECONOMIC WELFARE; OLIGOPOLY: INTERDEPENDENT DECISIONS; MARKET PROBLEMS: INFORMATION, EXTERNALITIES AND PROPERTY RIGHTS; MARGINAL PRODUCTIVITY AND FACTOR DEMAND; SUPPLY, SUPPLY AND DEMAND, AND RESTRICTED COMPETITION; MARKET COMPLICATIONS: INFORMATION, CO-OPERATION AND CONFLICT; APPROACHES TO GENERAL EQUILIBRIUM; Notes; Index

Sommario/riassunto

Foundatioins of Business Economics explains microeconomic analysis in terms of real business situations. The underlying theme of the book is the way in which markets link together interdependent activities and how they confront and solve problems of information. The book covers a wide range of issues, including  *The economic way of thinking *The Business environment *Product markets *Market failure *Factor markets *General equilibrium  Theory is developed carefully but with a light touch and mathematics kept to a minimum, making the book easily acc