Format:
1 online resource (393 pages)
Edition:
1st ed.
ISBN:
9780415313193
,
9781136506680
Content:
This volume analyses value and equilibrium. Chapters on the decisions of household and on the theory of the firm (including short and long-term planning and investment) include both static and dynamic analysis
Note:
Cover -- Halftitle Page -- Title Page -- Copyright Page -- PUBLISHER'S PREFACE -- CONTENTS -- FOREWORD -- INTRODUCTION -- I. THE ECONOMIC PLAN OF THEHOUSEHOLD -- leaves The Determinants of the Household's Consumptionplan -- 2. The Quantitative Relationships between Demand,Tastes, Prices and Total Consumption-Spending -- 3. The Derivation of the Individual Demand Function and the Indifference Map of the Household -- 4. Elasticity of Demand with respect to Price and Income -- 5. The Relation between Individual Monetary Demand and Physical Demand -- 6. The Derivation of the Aggregate Demand Function from the Individual Demand Functions -- 7. The Micro-Economic and the Macro-Economic Consumption Function -- 8. The Long-Term Economic Plan of the Household (Dynamic Demand Functions) -- II. THE ECONOMIC PLAN OF THE FIRM -- A. Objectives, Modes of Behaviour and Forms of Market -- leaves The Objectives of the Firm -- 2. The Modes of Behaviour of the Firm -- a. The Behaviour of the Quantity-Adjuster -- born Price Fixing on the Basis of an Expected Price- Sales Relation -- c. Fixing the Quantity of Sales on the Basis of an Expected Sales Relation -- d. The Fixing or Accepting of Options -- e. Economic Warfare: Strategy and Manoeuvre -- 3. Competition between Sellers -- 4. Location of Production and Sales Area: an Example of Heterogeneous Competition -- B. The Revenue Plan of the Firm for a Single Economic Period -- 1. The Revenue Plan of a Seller Acting as a Quantity- Adjuster -- 2. The Revenue Plan of a Seller Facing an Expected Price-Sales Relation -- 3. The Revenue Plan of a Multi-Product Firm Supplying "Made-to-Order" Goods -- C. The Cost Plan of a Going Firm for a Single Economic Period (The Short-Term Cost Plan) -- 1. The Cost Plan of a Single-Product Firm -- 2. The Cost Plan of a Multi-Product Firm
,
D. The Profit Plan of a Going Firm for a Single Economic Period (The Short-Term Profit Plan) -- (i) The Profit Plan of a Single-Product Firm -- 1. The Profit Plan of a Firm Acting as a Quantity- Adjuster -- 2. The Profit Plan of a Seller Facing an Expected Price-Sales Relation -- 3. The Problem of Price Discriminatio n -- (ii) The Profit Plan of a Multi-Product Firm -- E. The Production Function as the Basis ofCost Planning -- 1. Linear-Limitational Factors -- 2. Continuously Substitutable Factors -- a. Returns to Scale Functions (Returns Functions When the Scale Varies) -- born Returns Functions When Factors Vary Partially (Variation of One Substitute Factor On Its Own) -- c. The Minimum Cost Combination -- d. The Profit Plan of a Firm using Substitutional and Variable Factors -- 3. Substitution between a Finite Number of Linear- Limitational Processes -- F. The Long-Term Economic Plan of a Firm -- III. STATICS AND DYNAMICS IN ECONOMIC THEORY -- IV. THE PROBLEM OF EQUILIBRIUM IN A CLOSED ECONOMY -- A. The Concept of Economic Equilibrium -- B. Partial Equilibrium -- 1. The Equilibrium Price of a Good with a Constant Supply Per Unit of Time -- 2. The Equilibrium Price of a Good with a Variable Supply Per Unit of Time -- a. Variable Supply out of a given Level of Stocks -- born Variable Supply from Current Production -- c. The Cobweb Problem -- 3. The Equilibrium Price of a Good Available from Given and Unchanging Stocks -- 4. The Liquidity Theory of Interest as a Partial Equilibrium Theory -- 5. The Problem of Equilibrium under a Supply Monopoly -- 6. The Problem of Equilibrium under Heterogeneous Competition between Two Suppliers -- 7. The Problem of Equilibrium under Bilateral Monopoly -- 8. The Problem of Equilibrium in the Labour Market -- 9. The Problem of Equilibrium in the Market for Land -- C. Total Equilibrium in a Closed Economy
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leaves Partial versus Total Equilibrium -- 2. Total Equilibrium in a Stationary Exchange Economy without Production (The Case of a Pure Exchange Economy) -- a. Exchange between Two Parties -- born Exchange between Three Parties -- 3. Total Equilibrium in a Stationary Exchange Economy with Production -- 4. Scheme of the General Interdependence between Economic Variables and the Data for the Whole Economy -- FURTHER PROBLEMS -- INDEX OF AUTHORS -- INDEX OF SUBJECTS
Additional Edition:
Print version Schneider, Erich Pricing and Equilibrium Oxford : Taylor & Francis Group,c2003 ISBN 9780415313193
Language:
English
Keywords:
Electronic books
URL:
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