Determination of Production - An Introduction to the Study of Economizing Activity

Originally published in 1954, this book explains the way in which production and prices are determined in the Western world.

List of contents

Preface; Introduction; 1. The system of production (first model); 2. The level of activity; 3. The production function; 4. Factor substitution (second model); 5. Consumption (third model); 6. Investment (fourth model); 7. Money (fifth model); 8. The supply of factors (sixth model); 9. Location (seventh model); 10. Alternative methods of production (eighth model); 11. Intra-industry factor allocation (ninth model); 12. Review of economizing activity; 13. The state; 14. The theory of general interdependence; A note on non-homogeneity of product; A note on monopoly; Appendix 1. The meaning of marginal productivity; Appendix 2. The maximum problem; Select bibliography; Index.

Summary

Originally published in 1954, this book presents a concise explanation of the way in which production and prices are determined in the Western world. The text was written to provide an insight into the workings of the productive system and to create a conceptual model for the reproduction of the productive systems created by modernized, Western nations.

Product details

• Authors: Burgess Cameron, Cameron Burgess
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 29.02.2016
• EAN: 9781316509500
• ISBN: 978-1-316-50950-0
• No. of pages: 118
• Subjects: Social sciences, law, business > Business > Miscellaneous; BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / International / General, BUSINESS & ECONOMICS / Production & Operations Management, BUSINESS & ECONOMICS / Quality Control, Economic history, International Economics, c 1950 to c 1959, Production & quality control management, C 1945 To C 1960, Production and quality control management