Market Theory & the Price System
Book Details
Format
Hardback or Cased Book
ISBN-10
0865977593
ISBN-13
9780865977594
Publisher
Liberty Fund Inc
Imprint
Liberty Fund Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jul 14th, 2011
Print length
488 Pages
Weight
750 grams
Dimensions
23.30 x 16.10 x 3.00 cms
Product Classification:
Economic theory & philosophy
Ksh 3,300.00
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"Market Theory and the Price System" was published in 1963 as Kirzner''s first (and only) textbook. This volume presents an integrated view of Austrian price theory. The basic aim of the book is to utilise the tools of economic reasoning to explain the market process. The unique framework Kirzner develops for microeconomic analysis, following Mises and Hayek, examines error in decision-making, entrepreneurial profit, and competition as a process of discovery and learning.
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