#15589
Mentioned in 2 episodes
Price theory
a provisional text.
Book • 1962
Milton Friedman's "Price Theory" is a comprehensive and influential textbook that explores the fundamental principles of price determination in a market economy.
The book delves into the microeconomic foundations of supply and demand, examining how prices are influenced by factors such as consumer preferences, production costs, and market structure.
Friedman's work emphasizes the role of individual choices and incentives in shaping market outcomes, highlighting the importance of competition and free markets.
The book also covers advanced topics such as price discrimination, oligopoly, and general equilibrium theory.
Friedman's clear and concise writing style makes "Price Theory" accessible to both students and professionals in economics.
The book delves into the microeconomic foundations of supply and demand, examining how prices are influenced by factors such as consumer preferences, production costs, and market structure.
Friedman's work emphasizes the role of individual choices and incentives in shaping market outcomes, highlighting the importance of competition and free markets.
The book also covers advanced topics such as price discrimination, oligopoly, and general equilibrium theory.
Friedman's clear and concise writing style makes "Price Theory" accessible to both students and professionals in economics.
