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Pricing and Equilibrium.

Author: Erich Schneider
Publisher: Hoboken : Taylor and Francis, 2013.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This volume analyses value and equilibrium. Chapters on the decisions of household and on the theory of the firm (including short and long-term planning and investment) include both static and dynamic analysis. * Based on the enlarged sixth German edition this English edition contains many diagrams and an introduction to linear programming, as well as full treatment of the author's well-known theory of production.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Schneider, Erich.
Pricing and Equilibrium.
Hoboken : Taylor and Francis, ©2013
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Erich Schneider
ISBN: 9781136506680 1136506683
OCLC Number: 862613705
Notes: 1. The Equilibrium Price of a Good with a ConstantSupply Per Unit of Time.
Description: 1 online resource (393 pages)
Contents: Cover; Halftitle Page; Title Page; Copyright Page; PUBLISHER'S PREFACE; CONTENTS; FOREWORD; INTRODUCTION; I. THE ECONOMIC PLAN OF THEHOUSEHOLD; l. The Determinants of the Household's Consumptionplan; 2. The Quantitative Relationships between Demand, Tastes, Prices and Total Consumption-Spending; 3. The Derivation of the Individual Demand Functionand the Indifference Map of the Household; 4. Elasticity of Demand with respect to Price andIncome; 5. The Relation between Individual MonetaryDemand and Physical Demand. 6. The Derivation of the Aggregate Demand Functionfrom the Individual Demand Functions7. The Micro-Economic and the Macro-EconomicConsumption Function; 8. The Long-Term Economic Plan of the Household(Dynamic Demand Functions); II. THE ECONOMIC PLAN OF THE FIRM; A. Objectives, Modes of Behaviour and Forms of Market; l. The Objectives of the Firm; 2. The Modes of Behaviour of the Firm; a. The Behaviour of the Quantity-Adjuster; b. Price Fixing on the Basis of an Expected Price-Sales Relation; c. Fixing the Quantity of Sales on the Basis of anExpected Sales Relation. D. The Fixing or Accepting of Optionse. Economic Warfare: Strategy and Manoeuvre; 3. Competition between Sellers; 4. Location of Production and Sales Area: an Exampleof Heterogeneous Competition; B. The Revenue Plan of the Firm for a Single EconomicPeriod; 1. The Revenue Plan of a Seller Acting as a Quantity-Adjuster; 2. The Revenue Plan of a Seller Facing an ExpectedPrice-Sales Relation; 3. The Revenue Plan of a Multi-Product FirmSupplying ""Made-to-Order"" Goods; C. The Cost Plan of a Going Firm for a Single EconomicPeriod (The Short-Term Cost Plan). 1. The Cost Plan of a Single-Product Firm2. The Cost Plan of a Multi-Product Firm; D. The Profit Plan of a Going Firm for a Single EconomicPeriod (The Short-Term Profit Plan); (i) The Profit Plan of a Single-Product Firm; 1. The Profit Plan of a Firm Acting as a Quantity-Adjuster; 2. The Profit Plan of a Seller Facing an ExpectedPrice-Sales Relation; 3. The Problem of Price Discrimination; (ii) The Profit Plan of a Multi-Product Firm; E. The Production Function as the Basis ofCost Planning; 1. Linear-Limitational Factors; 2. Continuously Substitutable Factors. A. Returns to Scale Functions (Returns FunctionsWhen the Scale Varies)b. Returns Functions When Factors Vary Partially(Variation of One Substitute Factor On ItsOwn); c. The Minimum Cost Combination; d. The Profit Plan of a Firm using Substitutionaland Variable Factors; 3. Substitution between a Finite Number of Linear-Limitational Processes; F. The Long-Term Economic Plan of a Firm; III. STATICS AND DYNAMICS IN ECONOMICTHEORY; IV. THE PROBLEM OF EQUILIBRIUM INA CLOSED ECONOMY; A. The Concept of Economic Equilibrium; B. Partial Equilibrium.

Abstract:

This volume analyses value and equilibrium. Chapters on the decisions of household and on the theory of the firm (including short and long-term planning and investment) include both static and  Read more...

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