Franklin

Pricing and equilibrium : an introduction to static and dynamic analysis / Erich Schneider.

Author/Creator:
Schneider, Erich, 1900-1970., author.
Publication:
London : Routledge, 2003.
Format/Description:
Book
1 online resource (393 p.)
Edition:
Second edition.
Series:
Routledge library editions. Economics. Economic theory and econometrics ; 6.
Routledge library editions. Economics
Routledge library editions. Economics. Economic theory & econometrics ; VI
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Standardized Title:
Wirtschaftpläne und Wirtschafliches Gleichgewicht. English
Subjects:
Prices.
Economics, Mathematical.
Statics and dynamics (Social sciences).
Form/Genre:
Electronic books.
Language:
English
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.
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 Function and the Indifference Map of the Household ; 4. Elasticity of Demand with respect to Price and Income ; 5. The Relation between Individual Monetary Demand and Physical Demand
6. The Derivation of the Aggregate Demand Function from the Individual Demand Functions 7. The Micro-Economic and the Macro-Economic Consumption 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 an Expected Sales Relation
d. The Fixing or Accepting of Options e. Economic Warfare: Strategy and Manoeuvre ; 3. Competition between Sellers ; 4. Location of Production and Sales Area: an Example of Heterogeneous Competition ; B. The Revenue Plan of the Firm for a Single Economic Period ; 1. The Revenue Plan of a Seller Acting as a Quantity- Adjuster ; 2. The Revenue Plan of a Seller Facing an Expected Price-Sales Relation ; 3. The Revenue Plan of a Multi-Product Firm Supplying ""Made-to-Order"" Goods ; C. The Cost Plan of a Going Firm for a Single Economic Period (The Short-Term Cost Plan)
1. The Cost Plan of a Single-Product Firm 2. The Cost Plan of a Multi-Product Firm ; D. The Profit Plan of a Going Firm for a Single Economic Period (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 Expected Price-Sales Relation ; 3. The Problem of Price Discriminatio n; (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 Functions When the Scale Varies) b. Returns Functions When Factors Vary Partially (Variation of One Substitute Factor On Its Own) ; c. The Minimum Cost Combination ; d. The Profit Plan of a Firm using Substitutional and 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 ECONOMIC THEORY ; IV. THE PROBLEM OF EQUILIBRIUM IN A CLOSED ECONOMY ; A. The Concept of Economic Equilibrium ; B. Partial Equilibrium
1. The Equilibrium Price of a Good with a Constant Supply Per Unit of Time
Notes:
Includes bibliographical references and indexes.
Description based on online resource; title from PDF title page (ebrary, viewed December 6, 2013).
First published in 1952.
ISBN:
0-415-60713-2
1-315-01644-3
1-136-50668-3
OCLC:
862613705
Publisher Number:
10.4324/9781315016443 doi