E. Mishan

Introduction to Political Economy (Routledge Revivals) (eBook, ePUB)

• Format: ePub

Produktbeschreibung

First published in 1982, Introduction to Political Economy is a clear and concise introduction to the normative aspects of economics by one of the world's leading authorities on the subject.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 272
• Erscheinungstermin: 13. Mai 2013
• Englisch
• ISBN-13: 9781136586446
• Artikelnr.: 39267333

Autorenporträt

E. Mishan

Inhaltsangabe

Part One: The agenda of the political economy 1. Introductory observations
2. The resistance to a prescriptive economics 3. The nature of the
economist's efficiency criterion 4. The rationale of the economist's
efficiency criterion 5. Things to come: a preview 6. The basic economic
assumptions Part Two: Allocation within a partial economic context 7. Uses
and limitations of a partial economic context 8. The key concepts of social
value and social opportunity cost 9. Consumer surplus: a measure of welfare
change 10. The difficulty of measuring rent 11. The allocative virtues of a
competitive economy 12. Marginal cost pricing 13. Second best and third
best Part Three: Collective goods and bads 14. Can the market cope with
externalities? 15. Diminishing returns to agriculture as an instance of
externalities 16. Environmental spillovers: what difference does the law
make? 17. Non-environmental spillovers: some ethical questions 18.
Favourable spillovers and collective goods Part Four: Resource allocation
within a general context 19. Uses of a general economic context 20.
Optimality for the economy 21. What is an efficient distribution of goods?
22. Economic efficiency: a paradox 23. Pareto optimality: an empty vessel
24. Resolving the apparent paradox Part Five: Sources of economic failure
in a technological age 25. Introductory remarks 26. The folklore of the
market 1 27. The folklore of the market 2 28. Economic expertise in an age
of rapid innovation 29. The limits of abundance: a conservative critique 1
30. The limits of abundance: a conservative critique 2 31. Concluding
remarks