Description: Uncovering the General Economic Logic of Price Systems by John P. Barrados This book establishes that there is a fault or inconsistency in the orthodox classical price system. This suppresses in the system the general economic logic that should characterize all price systems. This mars the orthodox classical system in various ways, for example, by bringing an incorrect form of Says Law into the system that restricts it to long-run states. However, the inconsistency in the orthodox classical system is resolved in the book through a revised classical system. This gives the latter system a more general character than the orthodox form of the system. This is reflected, for example, in the revised classical system being rid of the incorrect form of Says Law that restricts the orthodox classical system to long-run states. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description REVISED 2021 EDITION Economists in writing price systems generally focus on individual systems such as microeconomic and macroeconomic systems. These systems differ significantly which causes them to be dichotomized. This book establishes that this is because the general economic logic that should underlie all price systems is suppressed in the systems. This book uncovers this general economic logic through resolving an inconsistency in the orthodox classical system and brings this logic into a revised form of the system. This results in the approach of this revised classical system, in reflecting the general economic logic that should underlie all price systems, bringing a unifying element into price systems that are based on this approach. This accounts for this approach integrating microeconomic and macroeconomic price systems. This book also has implications for issues concerning consistency of price systems, Says Law and the existence of market processes in the systems. Author Biography Dr. Barrados has a bachelors and a masters degree in economics from McGill University and a Ph.D. in economics from Columbia University. Dr. Barrados has taught economics at universities in Canada and abroad. He is currently a private economics consultant and an Adjunct Professor of Economics at Carleton University, Ottawa, Canada. Details ISBN1466994851 Author John P. Barrados Short Title UNCOVERING THE GENERAL ECONOMI Publisher Trafford Publishing Language English ISBN-10 1466994851 ISBN-13 9781466994850 Media Book Format Paperback Year 2013 Imprint Trafford Publishing Subtitle Studies in Economic Theory Country of Publication United States Illustrations black & white illustrations AU Release Date 2013-05-24 NZ Release Date 2013-05-24 US Release Date 2013-05-24 Publication Date 2013-05-28 UK Release Date 2013-05-28 Pages 120 Audience General We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:84479925;
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ISBN-13: 9781466994850
Book Title: Uncovering the General Economic Logic of Price Systems
Item Height: 229 mm
Item Width: 152 mm
Author: John P Barrados
Publication Name: Uncovering the General Economic Logic of Price Systems: Studies in Economic Theory
Format: Paperback
Language: English
Publisher: Trafford Publishing
Subject: Economics
Publication Year: 2013
Type: Textbook
Item Weight: 172 g
Number of Pages: 120 Pages