Profit and Loss
by Ludwig Von Mises
Publisher: Von Mises Institute 2008
Number of pages: 57
The author explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals. His presentation is systematic, relentless, logical, and ultimately devastating to the opponents of profit and loss.
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by Oskar Lange - Principia Press
Contents: Introduction; Partial-Equilibrium Theory; General-Equilibrium Theory; Analysis of the Monetary Effect; Price Expectations; Uncertainty; Imperfect Competition; International Trade; Changes in the Propensity to Consume; etc.
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This is an informal and revealing introduction to the ideas of modern systems theory and self-organization as they apply to problems in the economic realm. David Batten interleaves anecdotes and stories with technical discussions.
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The mathematical methods described are used in the elucidation of problems of economic theory. Illustrative examples are added and it is hoped that the reader will become familiar with the mathematical tools and applications to concrete problems.
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This book presents economic concepts and principles from the perspective of managerial economics. The purpose of managerial economics is to provide economic terminology and reasoning for the improvement of managerial decisions.