TY - BOOK AU - Prasch,Robert E. TI - How markets work: supply, demand and the 'real world' SN - 9781847206138 (hbk.) U1 - 338.521 PY - 2008/// CY - Cheltenham, UK, Northampton, MA PB - Edward Elgar KW - Capitalism KW - Free enterprise KW - Markets KW - Keynesian economics. KW - Supply and demand. KW - Microeconomics N1 - Includes bibliographical references (p. 153-165) and index; Part I: The Theory of Markets Introduction: Economics Today: Is Market Fundamentalism in Decline? -- 1. Property, Contract, and the Theory of Exchange -- 2. Commodity Markets: The Economics of a `Spot' Contract -- Part II: Market Processes when Information Matters -- 3. Credit Markets: The Economics of a `Relational' Contract -- 4. Asset Markets: Market Dynamics when Expectations are a Consideration Part III: Labor Markets -- 5. Labor Market Dynamics when Needs are a Consideration -- 6. Labor Market Dynamics when Motivation is a Consideration Part IV: Social, Ethical and Political Considerations -- 7. The Economics of Discrimination: The `Chicago School' Approach -- 8. The Economics of Discrimination: The `Structural' Approach -- 9. Values and Prices: Reintroducing Ethical Considerations into Economics Conclusion: Some Reflections on Economic Policy Bibliography Index ER -