£39.97

Pricier than usual. £2 more than the 30-day average — we'd wait.

£40 today · 30-day average £38 · all-time low £28

Cambridge University Press Full Industry Equilibrium: A Theory of the Industrial Long Run

Amazon

Price History & Forecast

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Last 89 days · 89 data points

Historical
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£43.05 £26.09 £29.79 £33.49 £37.19 £40.89 £44.59 25 July 2026 16 August 2026 07 September 2026 29 September 2026 21 October 2026
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Price Distribution

Price distribution over 89 days • 6 price levels

Days at Price
Current Price
8 days 4 days 15 days 29 days 1 day · current 32 days 0 8 16 24 32 £28 £36 £37 £39 £40 £43 Days at Price

Price Analysis

Most common price: £43 (32 days, 36.0%)

Price range: £28 - £43

Price levels: 6 different prices over 89 days

Description

This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new equilibrium positions of the whole economy. The central message of the book is that too often economists expect more from the microeconomic laws of input demand and output supply than they can really give. The authors show that the zero-net-profit condition requires a more articulated analysis that sometimes yields qualitative results contrary to those of familiar economic laws. Written for academic researchers and graduate students, the book will be of particular interest to those working on the microeconomics of industry equilibrium, comparative statics and Sraffian economics.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 May 2015
Listed Since
09 December 2014

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