The Neoclassical Theory Of Production And Distribution

Ferguson, C. E.

ISBN 10: 0521074533 / ISBN 13: 9780521074537

Published by Cambridge Univ, 1969

About this Item

Exlibrary with usual library markings. Substantial cover wear. Sunned cover. Clear book repair tape on spine. ; 383 pages.

Seller Inventory # 46719

Bibliographic Details

• Title: The Neoclassical Theory Of Production And Distribution
• Publisher: Cambridge Univ
• Publication Date: 1969
• Language: English
• ISBN 10: 0521074533
• ISBN 13: 9780521074537
• Binding: Hardcover
• Condition: Fair
• Dust Jacket Condition: No Dust Jacket

About this title

Synopsis

The object of this book is to present a complete, systematic and thorough exposition of the neoclassical theory of production and distribution. Despite this basic objective, each chapter presents extensions of neoclassical theory and interpretations of established relations. The book has two distinct parts. In Part I the microeconomic theories of production, cost and derived input demand are explored in depth for both fixed-proportions and variable-proportions production functions. Special emphasis is placed upon the characteristics and implications of production functions homogeneous of degree one. Part II is devoted chiefly to the neoclassical theory of aggregate relative factor shares, the elasticity of substitution, and technological progress.

Book Description

The object of this book is to present a complete, systematic and thorough exposition of the neoclassical theory of production and distribution. Despite this basic objective, each chapter presents extensions of neoclassical theory and interpretations of established relations.