On the Reappraisal of Microeconomics: Economic Growth and Change in a Material World

by Robert U. Ayres

The conventional utility-based approach to microeconomics is now nearly a century old and although frequently criticised, it has yet to be replaced. On the Reappraisal of Microeconomics offers an alternative approach that overcomes most of the objections to orthodox theory, whilst offering some unique additional advantages. The authors present a new approach to non-equilibrium microeconomics that applies equally to production, trade and consumption,...

• Format: Hardcover
• Language: English
• ISBN: 1845422724
• ISBN13: 9781845422721
• Release Date: February 2006
• Publisher: Edward Elgar Publishing
• Length: 224 Pages