How Markets Work : Supply, Demand and the "Real World" - Prasch, Robert E.

How Markets Work : Supply, Demand and the "Real World"

Robert E. Prasch

Yayınevi: Edward Elgar

Yayın tarihi: 09/2008

ISBN: 9781847206145

İngilizce | 192 Sayfa |

Tür: Satış-Pazarlama

  • Temin Süresi 28 - 42 iş günü

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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 áReal 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 áideal 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.

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