Microeconomic Theory: A Heterodox Approach: Routledge Frontiers of Political Economy

Autor Frederic S. Lee, Lee Frederic Editat de Tae-Hee Jo
en Limba Engleză Hardback – 8 ian 2017
The purpose of this book is to delineate  Post Keynesian microeconomic theory. More specifically, the objective is to build the theoretical core of Post Keynesian microeconomics that can then be used by other Post Keynesians in their work. Hence the book is about theory creation as opposed to delineating what is currently accepted, with an emphasis on business enterprise, production, costs, pricing and prices, markets, market governance, market demand, and distribution of income.
The book begins with a historical understanding of the origins of Post Keynesian economics and an awareness of the range of different and similar ideas that contributed to the development of Post Keynesian microeconomics. This book is unusal however to the extent that it refers more to theory than specific theorists, grounding each component of the core theory in empirical evidence. The conceptual organization of the book is based on a critical realist perspective of identifying structures and causal mechanisms, examining Post Keynesian microeconomics as it currently stands.
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ISBN-13: 9780415247313
ISBN-10: 0415247314
Pagini: 224
Ilustrații: 10 tables
Dimensiuni: 156 x 234 x 21 mm
Greutate: 0.52 kg
Editura: Routledge
Seria Routledge Frontiers of Political Economy


1. Introduction  2. Methodology of Heterodox  3. Structure and Organization of Economic Activity  4. The Structure of the Business Enterprise  5. Agency and the Theory of the Business Enterprise  6. Industry and Market  7. Structure of Market Demand  8. Structure of Market Demand, the Business Enterprise, and the Market Price  9. Competition, the Market Price, and Market Governance  10. Private Market Governance and the Market Price: Trade Association and Price Leadership 11. Public Market Governance and the Market Price: Laws and Government Regulation  12. Disaggregated Price-Output Model of the Economy  13. Mark Ups, Finance, Investment, and Economic Activity

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