Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981)

Micro Foundations of Macro Dynamics

Nonfiction, Social & Cultural Studies, Political Science
Cover of the book Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981) by Alfred S. Eicher, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Alfred S. Eicher ISBN: 9781351696739
Publisher: Taylor and Francis Publication: September 29, 2017
Imprint: Routledge Language: English
Author: Alfred S. Eicher
ISBN: 9781351696739
Publisher: Taylor and Francis
Publication: September 29, 2017
Imprint: Routledge
Language: English

This title was first published in 1976. 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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This title was first published in 1976. 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.

More books from Taylor and Francis

Cover of the book The Routledge Handbook of the History of Race and the American Military by Alfred S. Eicher
Cover of the book Motivation and Emotion by Alfred S. Eicher
Cover of the book Patrons and Patron Saints in Early Modern English Literature by Alfred S. Eicher
Cover of the book Modern Historians on British History 1485-1945 (Routledge Revivals) by Alfred S. Eicher
Cover of the book Encyclopedia of Twentieth-Century African History by Alfred S. Eicher
Cover of the book Pynchon and the Political by Alfred S. Eicher
Cover of the book Politics and the Environment by Alfred S. Eicher
Cover of the book The Black Officer Corps by Alfred S. Eicher
Cover of the book Asian Migrants and European Labour Markets by Alfred S. Eicher
Cover of the book The Psychology and Politics of the Collective by Alfred S. Eicher
Cover of the book Educating the Child in Enlightenment Britain by Alfred S. Eicher
Cover of the book Reappraisals in the Law of Property by Alfred S. Eicher
Cover of the book Ecotourism and Environmental Sustainability by Alfred S. Eicher
Cover of the book Life and Work in Modern Europe by Alfred S. Eicher
Cover of the book Danish: An Essential Grammar by Alfred S. Eicher
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy