Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Introduction to Political Economy (Routledge Revivals)

Introduction to Political Economy (Routledge Revivals)

Mishan, E.

Paperback

Series: Routledge Revivals

Economics

ISBN10: 0415688744
ISBN13: 9780415688741
Publisher: Routledge
Published: Sep 30 2012
Pages: 270
Weight: 0.71
Height: 0.58 Width: 5.50 Depth: 8.50
Language: English
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.

1 different editions

Also available

Also from

Mishan, E.

View All

Also in

Economics

View All