The Distribution of the Product

The book explains the theory of distribution of national income between wages, profits, and other categories of income, and is designed for students of intermediate economic principles.

Format: Paperback / softback
Length: 186 pages
Publication date: 05 November 2023
Publisher: Taylor & Francis Ltd

Originally published in 1979, this comprehensive book serves as a seminal exploration of the distribution of national income among wages, profits, and various other income categories. Delving into the intricate relationship between this branch of distribution theory and other domains of economics, the Introduction provides a clear framework for understanding the connections. The first six chapters are meticulously crafted to provide a solid foundation for students studying intermediate economic principles. It is essential for the reader to possess a thorough understanding of basic analysis, including supply and demand dynamics, market equilibrium, and the utilization of indifference curves to represent consumer preferences.

The remaining seven chapters delve into the further developments and advancements of the theory introduced in the preceding six chapters. These chapters offer a rich tapestry of insights, shedding light on the complex dynamics and interrelationships that shape the distribution of national income. By exploring topics such as income inequality, labor market dynamics, and the role of government policies, the book provides a comprehensive and up-to-date account of the field.

This invaluable resource is not only relevant for students but also for scholars, researchers, and policymakers seeking to gain a deeper understanding of the complex dynamics of income distribution. With its clear and concise writing style, comprehensive coverage, and insightful analysis, this book serves as a valuable tool for anyone interested in exploring the intricacies of economic distribution.

Weight: 370g
Dimension: 216 x 138 (mm)
ISBN-13: 9781032126203