How markets work: supply, demand and the 'real world'/
Prasch, Robert E.
How markets work: supply, demand and the 'real world'/ Robert E. Prasch. - Cheltenham, UK ; Northampton, MA : Edward Elgar, c2008. - ix, 173 p. : ill. ; 23 cm.
Includes bibliographical references (p. 153-165) and index.
Part I: The Theory of Markets Introduction: Economics Today: Is Market Fundamentalism in Decline? -- 1. Property, Contract, and the Theory of Exchange -- 2. Commodity Markets: The Economics of a `Spot' Contract -- Part II: Market Processes when Information Matters -- 3. Credit Markets: The Economics of a `Relational' Contract -- 4. Asset Markets: Market Dynamics when Expectations are a Consideration Part III: Labor Markets -- 5. Labor Market Dynamics when Needs are a Consideration -- 6. Labor Market Dynamics when Motivation is a Consideration Part IV: Social, Ethical and Political Considerations -- 7. The Economics of Discrimination: The `Chicago School' Approach -- 8. The Economics of Discrimination: The `Structural' Approach -- 9. Values and Prices: Reintroducing Ethical Considerations into Economics Conclusion: Some Reflections on Economic Policy Bibliography Index
9781847206138 (hbk.) 1847206131 (hbk.)
Capitalism.
Free enterprise.
Markets.
Keynesian economics.
Supply and demand.
Microeconomics
338.521 / PRA/H
How markets work: supply, demand and the 'real world'/ Robert E. Prasch. - Cheltenham, UK ; Northampton, MA : Edward Elgar, c2008. - ix, 173 p. : ill. ; 23 cm.
Includes bibliographical references (p. 153-165) and index.
Part I: The Theory of Markets Introduction: Economics Today: Is Market Fundamentalism in Decline? -- 1. Property, Contract, and the Theory of Exchange -- 2. Commodity Markets: The Economics of a `Spot' Contract -- Part II: Market Processes when Information Matters -- 3. Credit Markets: The Economics of a `Relational' Contract -- 4. Asset Markets: Market Dynamics when Expectations are a Consideration Part III: Labor Markets -- 5. Labor Market Dynamics when Needs are a Consideration -- 6. Labor Market Dynamics when Motivation is a Consideration Part IV: Social, Ethical and Political Considerations -- 7. The Economics of Discrimination: The `Chicago School' Approach -- 8. The Economics of Discrimination: The `Structural' Approach -- 9. Values and Prices: Reintroducing Ethical Considerations into Economics Conclusion: Some Reflections on Economic Policy Bibliography Index
9781847206138 (hbk.) 1847206131 (hbk.)
Capitalism.
Free enterprise.
Markets.
Keynesian economics.
Supply and demand.
Microeconomics
338.521 / PRA/H