Introduction to Political Economy Routledge Revivals is popular PDF and ePub book, written by E. J. Mishan in 2013-05-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Introduction to Political Economy Routledge Revivals can be Read Online from any device for your convenience.
Introduction to Political Economy Routledge Revivals Book PDF Summary
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. 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. The author carefully distinguishes the various meanings of the terms political economy, normative economics, welfare economics and allocative economics. He considers the standard allocation rules and the crucial concepts of consumer surplus and rent, which are so important to cost-benefit analysis, while then going on to resolve the paradoxes of the efficiency criterion. Lastly, Professor Mishan assesses both the social worth of radical conservatism, which is associated with the Chicago School of Economics, and the relevance of the modern theory of welfare economics to social welfare.
Detail Book of Introduction to Political Economy Routledge Revivals PDF
- Author : E. J. Mishan
- Release : 13 May 2013
- Publisher : Routledge
- ISBN : 9781136586453
- Genre : Business & Economics
- Total Page : 275 pages
- Language : English
- PDF File Size : 10,8 Mb
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