Economics Cost And Choice
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Cost And Choice
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Author : James M. Buchanan
language : en
Publisher: University of Chicago Press
Release Date : 1978
Cost And Choice written by James M. Buchanan and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Business & Economics categories.
"As he usually does, Professor Buchanan has produced an interesting and provocative piece of work. [Cost and Choice] starts off as an essay in the history of cost theory; the central ideas of the book are traced to Davenport and Knight in the United States, and to a series of distinguished writers associated at various times with the London School of Economics. The author emerges from this discussion with what can be described as the ultimate in subjectivist cost doctrines. . . . Economists should learn the lessons offered to us in this little book—and learn them well. It can save them from serious errors."—William J. Baumol, Journal of Economic Literature
Cost Choice And Political Economy
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Author : Jack Wiseman
language : en
Publisher:
Release Date : 1989
Cost Choice And Political Economy written by Jack Wiseman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
This book presents in one volume Professor Wiseman's seminal work on the theory of costs and the economist's treatment of the role of government. The major themes concern the subjectivity of costs and the unknowability of the future. From an initial scepticism about pricing rules, the arguments develop into a comprehensive critique of mainstream economic theory and, more positively, an exposition of the fundamentals of a new political economy grounded in choice-as-opportunity-cost.
Economics
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Author : J. R. Clark
language : en
Publisher:
Release Date : 1987
Economics written by J. R. Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.
Economics Cost And Choice
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Author : Clark
language : en
Publisher:
Release Date : 1987
Economics Cost And Choice written by Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.
Economics
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Author : Jeff R. Clark
language : en
Publisher: Houghton Mifflin Harcourt P
Release Date : 1987
Economics written by Jeff R. Clark and has been published by Houghton Mifflin Harcourt P this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.
The Economics Of Public Choice
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Author : Paddy McNutt
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-03-27
The Economics Of Public Choice written by Paddy McNutt and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03-27 with Business & Economics categories.
The economics of public choice.
Microeconomics
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Author : Jeff R. Clark
language : en
Publisher: Harcourt College Pub
Release Date : 1987-01-01
Microeconomics written by Jeff R. Clark and has been published by Harcourt College Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987-01-01 with Business & Economics categories.
A college-level textbook for majors in economics.
Opportunity Cost
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-04-15
Opportunity Cost written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-15 with Business & Economics categories.
What is Opportunity Cost In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, a choice needs to be made between several mutually exclusive alternatives. Assuming the best choice is made, it is the "cost" incurred by not enjoying the benefit that would have been had by taking the second best available choice. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen". As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure efficient use of scarce resources. It incorporates all associated costs of a decision, both explicit and implicit. Thus, opportunity costs are not restricted to monetary or financial costs: the real cost of output forgone, lost time, pleasure, or any other benefit that provides utility should also be considered an opportunity cost. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Opportunity cost Chapter 2: Perfect competition Chapter 3: Output (economics) Chapter 4: Sunk cost Chapter 5: Cost Chapter 6: Competitive advantage Chapter 7: Managerial economics Chapter 8: Economic cost Chapter 9: Implicit cost Chapter 10: Operating surplus Chapter 11: Accounting constraints Chapter 12: AP Macroeconomics Chapter 13: Engineering economics Chapter 14: Barriers to exit Chapter 15: Profit (economics) Chapter 16: Shutdown (economics) Chapter 17: Asset Chapter 18: Output (economics) Chapter 19: Return on investment Chapter 20: Economics terminology that differs from common usage Chapter 21: Parable of the broken window (II) Answering the public top questions about opportunity cost. (III) Real world examples for the usage of opportunity cost in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Opportunity Cost.
The Economic Theory Of Costs
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Author : Matthew McCaffrey
language : en
Publisher: Routledge
Release Date : 2017-09-01
The Economic Theory Of Costs written by Matthew McCaffrey and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-01 with Business & Economics categories.
The theory of costs is a cornerstone of economic thinking, and figures crucially in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic outcomes. How we make choices, why we trade, and how we build institutions and social orders are all problems that can be explained in light of the costs we face. This volume explores, develops, and critiques the rich literature on costs, examining some of the many ways cost remains relevant in economic theory and practice. The book especially studies costs from the perspective of the Austrian or “causal-realist” approach to economics. The chapters integrate the history of economic thought with contemporary research, finding valuable crossroads between numerous traditions in economics. They examine the role of costs in theories of choice and opportunity costs; demand and income effects; production and distribution; risk and interest rates; uncertainty and production; monopsony; Post-Keynesianism; transaction costs; socialism and management; and social entrepreneurship. Together, these papers represent an update and restatement of a central element in the economic way of thinking. Each chapter reveals how the Austrian, causalrealist approach to costs can be used to solve an important problem or debate in economics. These chapters are not only useful for students learning these concepts for the first time: they are also valuable for researchers seeking to understand the unique Austrian perspective and those who want to apply it to new problems.
The Collected Works Of James M Buchanan
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Author : James M. Buchanan
language : en
Publisher:
Release Date : 2002
The Collected Works Of James M Buchanan written by James M. Buchanan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
An index to the series "The Collected works of James M. Buchanan."