The Theory of the Firm

Viac o knihe

The book provides a historical overview of production theory, beginning with classical perspectives and transitioning to the neoclassical or 'textbook' approach. It then explores the current state of firm-level production theory, divided into three sections that delve into contemporary concepts and practices. This structured analysis aims to bridge the gap between historical foundations and modern applications, offering insights into the evolution and relevance of production theories in today's economic landscape.