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Introduction to Economics
C/E/756. Austrian and Post-Keynesian Theories of Competitive Process
- WORDS:
- 2150
- DATE:
- 2011
- PRICE:
- 29.99 GBP
The paper looks into the Austrian and Post Keynesian theories of market competition explaining the concept of perfect competition, and discussing entrepreneurial activities within the market, dynamic relationships of the marker forces, the importance of government interventions, etc. Theories most suited to the economic conditions of the modern world are identified.
KEYWORDS: Post-Keynesian, Austrian, Competitive Process,
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