Introduction to Political Economy (Routledge Revivals)

ISBN-13: 9780415682480 / Angielski / Twarda / 2011 / 274 str.

E. J. Mishan

Opis

First published in 1982, this is a clear and concise introduction to the normative aspects of economics by one of the world's leading authorities on the subject. In this highly readable book, Professor Mishan takes the student to the heart of the subject without recourse to algebra and with only the simplest of diagrams.

Spis treści

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

O autorze

E. Mishan