描述
开 本: 16开纸 张: 胶版纸包 装: 平装是否套装: 否国际标准书号ISBN: 9780521068611
This book provides both an explanation of the inflation which
has bedeviled economic policy in the West since the end of World
War II and a micro-economic theory to purge Keynesian models of the
Walrasian strain derived from Marshall’s Principles. By focusing on
what is taken to be the representative business firm of the
twentieth century – the large corporation or megacorp – the
microeconomic model presented in the book reverses the usual
assumptions of economic analysis. Instead of assuming the existence
of firms with no control over prices, the book examines how the
megacorp uses its pricing power to finance its own internal rate of
growth. The result is a determinant model of how prices are set
under the sort of oligopolistic conditions which prevail in most
modern industries throughout the world.
1. Introduction
2. The nature of the megacorp
3. The pricing decision
4. Extensions of the basic model
5. The distribution of income
6. Micro and macro
7. Conventional policy instruments
8. Toward social control.
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