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Readings in applied microeconomics : the power of the market / edited by Craig M. Newmark.

Contributor(s): Material type: TextTextPublication details: London : Routledge, 2009.Description: xviii, 439p. ; 26cmISBN:
  • 9780415777407
Subject(s): DDC classification:
  • 338.5 NEW 22
Summary: Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets work with concrete examples, addresses questions about whether markets actually work well and offers evidence that supposed "market failures" are not as serious as claimed.
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Item type Current library Call number Status Date due Barcode Item holds
Book Book Calcutta 338.5 NEW (Browse shelf(Opens below)) Available IIMC-0146763
Total holds: 0

Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets work with concrete examples, addresses questions about whether markets actually work well and offers evidence that supposed "market failures" are not as serious as claimed.

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