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9781780079615: Running the Economy - Book 2

Synopsis

In recent decades many manufacturing firms have moved operations to locations all over the globe to reduce costs. In many cases, firms choose to locate manufacturing activity in countries with cheap labour, like China. The result has been a rise of manufacturing across low-cost countries. This book explores the decision making processes within firms that drive the growth of an economy but pose challenges for regulators. It looks at the ethical questions and trade-offs that policymakers face in deciding what sort of society they should foster. It will help you to develop an understanding of the theory of the firm and the working of markets. Armed with these classic microeconomic tools, an exciting analysis unfolds that reveals how global trade and the pursuit of growth creates imbalances that may have caused the 2008 marcoeconomic crisis and may be fuelling increasing inequalities that further destabilise the macroeconomy.

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Présentation de l'éditeur

In recent decades many manufacturing firms have moved operations to locations all over the globe to reduce costs. In many cases, firms choose to locate manufacturing activity in countries with cheap labour, like China. The result has been a rise of manufacturing across low-cost countries. This book explores the decision making processes within firms that drive the growth of an economy but pose challenges for regulators. It looks at the ethical questions and trade-offs that policymakers face in deciding what sort of society they should foster. It will help you to develop an understanding of the theory of the firm and the working of markets. Armed with these classic microeconomic tools, an exciting analysis unfolds that reveals how global trade and the pursuit of growth creates imbalances that may have caused the 2008 marcoeconomic crisis and may be fuelling increasing inequalities that further destabilise the macroeconomy.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

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9781780073309: Running the Economy - Book 2

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ISBN 10 :  1780073305 ISBN 13 :  9781780073309
Editeur : The Open University, 2014
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