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The Distribution of the Product

By: (Author) John Craven

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Ksh 6,000.00

Format: Paperback / Softback

ISBN-10: 1032126205

ISBN-13: 9781032126203

Series: Studies in Economics and Political Science

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Nov 5th, 2023

Print length: 198 Pages

Weight: 453 grams

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First published in 1979, the purpose of this book is to introduce a theory of the distribution of national income between wages, profits and other categories of income. The first 6 chapters introduce distribution theory to students of intermediate economic principles. The last 7 chapters discuss developments of the theory described.

Originally published in 1979, the purpose of this book is to introduce a theory of the distribution of national income between wages, profits and other categories of income. The relation between this branch of distribution theory and other areas of economics is explained in the Introduction. The first six chapters are designed to introduce distribution theory to students of intermediate economic principles. The reader should be familiar with the basic analysis of supply, demand and market equilibrium, and with the use of indifference curves to represent a consumer’s preferences. The remaining seven chapters discuss developments of the theory introduced in the first six.


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