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Price Theory

Paperback • 2009 • English

Price Theory

By Milton Friedman

0 Ratings • 0.0 of 5

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About the book

Economics is sometimes divided into two parts: positive economics and normative economics. The former deals with how the economic problem is solved, while the latter deals with how the economic problem should be solved. The effects of price or rent control on the distribution of income are problems of positive economics. The desirability of these effects on income distribution is a problem of normative economics. Within economics, the major division is between monetary theory and price theory. M...Show more

Microeconomics
Economic growth
International economics

Book details

ISBN

9781607961512

Publisher

Richest Man in Babylon Publ.

Published year

2009

Language

English

Original title

Price Theory

Format

Paperback

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