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The Economic Organization, , Knight, Frank, Excellent, 2013-07-02,
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Artikelmerkmale
- Artikelzustand
- Neuwertig
- Hinweise des Verkäufers
- “Still Sealed in Plastic. Never used!”
- Book Title
- The Economic Organization
- Languages
- English
- ISBN
- 9781412851787
Über dieses Produkt
Product Identifiers
Publisher
Routledge
ISBN-10
1412851785
ISBN-13
9781412851787
eBay Product ID (ePID)
150600978
Product Key Features
Number of Pages
208 Pages
Language
English
Publication Name
Economic Organization
Publication Year
2013
Subject
General, Economics / General, Economics / Theory
Type
Textbook
Subject Area
Business & Economics
Format
Trade Paperback
Dimensions
Item Height
0.4 in
Item Weight
8.8 Oz
Item Length
9.1 in
Item Width
6.5 in
Additional Product Features
Intended Audience
College Audience
LCCN
2013-008862
TitleLeading
The
Dewey Edition
23
Dewey Decimal
338.5
Table Of Content
Preface and Acknowledgements Introduction to the Transaction Edition Part IThe Economic Organization 1Social Economic Organization 2The Price System and the Economic Process Appendix 1Published "Note" at End of Chapter Appendix 2Notes on Economic Theory Materials in Syllabus for Social Science II (1938) Appendix 3Notes on "The Price System and the Economic Process" 3Demand and Supply and Price 4Distribution: The Pricing of Productive Services Individually Part IINotes on Utility and Cost Part One Part TwoSuggestions for the Reconstruction of Cost Theory Index
Synopsis
The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight's "wheel of wealth"-the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes Knight's essay on "Utility and Cost", which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory., When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight's "wheel of wealth"-the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes his essay on "Utility and Cost," which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory. This expanded edition of The Economic Organization includes a new introduction by Ross B. Emmett, which expands upon the short note on capital theory inserted in the original. Knight wrote three versions of the note for student use, and all three are included in the second chapter. Few books have changed the landscape of American economics and economic education as much as Knight's The Economic Organization . This book should be read by all economists, historians, and policy makers., When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight's "wheel of wealth"--the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes his essay on "Utility and Cost," which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory. This expanded edition of The Economic Organization includes a new introduction by Ross B. Emmett, which expands upon the short note on capital theory inserted in the original. Knight wrote three versions of the note for student use, and all three are included in the second chapter. Few books have changed the landscape of American economics and economic education as much as Knight's The Economic Organization. This book should be read by all economists, historians, and policy makers., When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight's "wheel of wealth"--the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes his essay on "Utility and Cost," which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory. This expanded edition of The Economic Organization includes a new introduction by Ross B. Emmett, which expands upon the short note on capital theory inserted in the original. Knight wrote three versions of the note for student use, and all three are included in the second chapter. Few books have changed the landscape of American economics and economic education as much as Knight's The Economic Organization . This book should be read by all economists, historians, and policy makers.
LC Classification Number
HB171
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