A Marginal Economy?

A Marginal Economy?
Author: Mark Bailey
Publisher: Cambridge University Press
Total Pages: 378
Release: 1989-06-29
Genre: Business & Economics
ISBN: 9780521365017

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A theory of the margin has long featured in the work of medieval historians. Marginal regions are taken to be those of poor soil or geographical remoteness, where farmers experienced particular difficulties in grain production. It is argued that such regions were cultivated only when demographic pressure intensified in the thirteenth century, but that a combination of soil exhaustion and demographic decline resulted in severe economic contraction by the end of the fourteenth century. Marginal regions are seen not just as sensitive barometers of economic change but as important catalysts in that change. Despite the importance placed by historians on the general theory of the margin, this book represents the first detailed study of a 'marginal region'. It focuses upon East Anglian Breckland, whose blowing sands are among the most barren soils in lowland England. Drawing upon a wide range of sources, this study reconstructs Breckland's late medieval economy, and shows it to be more diversified and resilient than the stereotype depicted in marginal theory.

The Theory of Marginal Value

The Theory of Marginal Value
Author: Laurits Vilhelm Birck
Publisher:
Total Pages: 378
Release: 1922
Genre: Economics
ISBN:

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Applications of Mathematics in Economics

Applications of Mathematics in Economics
Author: Warren Page
Publisher: MAA
Total Pages: 154
Release: 2013
Genre: Business & Economics
ISBN: 088385192X

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Shows instructors what mathematics is used at the undergraduate level in various parts of economics. Separate sections provide students with opportunities to apply their mathematics in relevant economics contexts. Brings together many different mathematics applications to such varied economics topics.

Managerial Economics

Managerial Economics
Author: Nick Wilkinson
Publisher: Cambridge University Press
Total Pages: 811
Release: 2022-01-13
Genre: Business & Economics
ISBN: 1108839142

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A user-friendly problem-solving approach to managerial economics, with a focus on the transformative effects of the digital revolution.

Economics For Dummies

Economics For Dummies
Author: Sean Masaki Flynn
Publisher: John Wiley & Sons
Total Pages: 408
Release: 2011-04-12
Genre: Business & Economics
ISBN: 0470879483

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-Reasons monopolies are bad --

Marginal Cost in the New Economy: A Proposal for a Uniform Approach to Policy Evaluations

Marginal Cost in the New Economy: A Proposal for a Uniform Approach to Policy Evaluations
Author: Roger L. Conkling
Publisher: Routledge
Total Pages: 208
Release: 2015-04-29
Genre: Business & Economics
ISBN: 1317465237

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This volume presents an approach for resolving a variety of public policy debates. It proposes that a single standard - marginal cost methodology - be adopted to replace the haphazard arrays of methods and techniques currenly employed to measure the costs and benefits of disputed policy issues.

Capitalism without Capital

Capitalism without Capital
Author: Jonathan Haskel
Publisher: Princeton University Press
Total Pages: 292
Release: 2018-10-16
Genre: Business & Economics
ISBN: 0691183295

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Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.

Essential Economics

Essential Economics
Author: Matthew Bishop
Publisher: Bloomberg Press
Total Pages: 282
Release: 2004-05-01
Genre: Business & Economics
ISBN: 9781861975805

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Marginal Cost

Marginal Cost
Author: Fouad Sabry
Publisher: One Billion Knowledgeable
Total Pages: 252
Release: 2024-02-04
Genre: Business & Economics
ISBN:

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What is Marginal Cost In the field of economics, the marginal cost refers to the change in the overall cost that occurs when the quantity produced is increased. In other words, the marginal cost is the cost of creating additional inventory. Sometimes it is used to refer to an increase of one unit of output, while other times it is used to refer to the rate of change in total cost as output is increased by an infinitesimal amount. Both of these meanings are applicable in certain situations. The marginal cost is the slope of the total cost, which is the rate at which it increases with output. Figure 1 illustrates that the marginal cost is measured in dollars per unit, but the total cost is measured in dollars. There is a distinction between the marginal cost and the average cost, which is calculated by dividing the total cost by the number of units produced. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Marginal cost Chapter 2: Perfect competition Chapter 3: Supply and demand Chapter 4: Profit maximization Chapter 5: Break-even (economics) Chapter 6: Production function Chapter 7: Average cost Chapter 8: Marginal product Chapter 9: Diminishing returns Chapter 10: Economic cost Chapter 11: Marginal revenue Chapter 12: Marginal revenue productivity theory of wages Chapter 13: Cost curve Chapter 14: Total cost Chapter 15: Average variable cost Chapter 16: Average fixed cost Chapter 17: Long run and short run Chapter 18: Supply (economics) Chapter 19: Minimum efficient scale Chapter 20: Shutdown (economics) Chapter 21: Marginal product of labor (II) Answering the public top questions about marginal cost. (III) Real world examples for the usage of marginal cost in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Marginal Cost.

Supply in a Market Economy

Supply in a Market Economy
Author: Richard Jones
Publisher: Taylor & Francis
Total Pages: 192
Release: 2021-11-21
Genre: Business & Economics
ISBN: 1000477827

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Originally published in 1976, Supply in a Market Economy was a new kind of introductory micro-economics text which both assesses the usefulness of traditional theory in tackling social and economic problems and compares and contrasts the alternative approaches to the practical problems inherent in the allocation of scarce resources. Richard Jones has succeeded in bringing together the most useful features of a standard microeconomics theory book with empirical and applied material more usually dealt with separately in second year surveys of industrial organisation. The book gives full coverage to the standard theories of the firm, of production, of cost and scale, and of location, to recent critiques of these theories and to alternative approaches now being proposed. Integrated into this theoretical background is a clear analysis of the relationship of these theories to market structures and the economics of industry, and a ‘real-world’ examination of markets in action – with individual sections on the control of rents, on the water supply industry, on the effect of taxation on commodities, and on the economics of crime and its prevention. Supply in a Market Economy would prove to be an invaluable new course-book for first and second year students of microeconomics at the time and particularly for those non-specialists who were impatient to see the relevance and applications of traditional theory to real problems. Now it can be read in its historical context.