000			01506cam a2200361 a 4500
999			_c168195 _d168195
020			_a9781847206138 (hbk.)
020			_a1847206131 (hbk.)
040			_cCUS
082			_a338.521 _bPRA/H
100	1		_aPrasch, Robert E.
245	1	0	_aHow markets work: supply, demand and the 'real world'/ _cRobert E. Prasch.
260			_aCheltenham, UK ; _aNorthampton, MA : _bEdward Elgar, _cc2008.
300			_aix, 173 p. : _bill. ; _c23 cm.
504			_aIncludes bibliographical references (p. 153-165) and index.
505			_aPart 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
650		0	_aCapitalism.
650		0	_aFree enterprise.
650		0	_aMarkets.
650		0	_aKeynesian economics.
650		0	_aSupply and demand.
650		0	_aMicroeconomics
942			_cWB16