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description is that industrial economics is the study of the supply side of. the economy, particularly those markets in which business firms are sellers. Industrial economics emerged as a distinct field after the rise of the. large modern manufacturing corporation around the turn of the century.
- 3MB
- 96
Oct 27, 2008 · Book digitized by Google from the library of the University of Michigan and uploaded to the Internet Archive by user tpb.
begin by saying that industrial economics is about economic aspects of industry - of markets and firms. Thus 'the broad objective of industrial economics', it has been suggested, 'is the development of satisfactory explanations of the ways in which economic forces operate within the industrial sector,.l
- W. Stewart Howe
- 1978
Industrial economics is a distinctive branch of economics which deals with the economic problems of firms and industries, and their relationship with society. In economic literature it is known by several names with marginal differences such as 'Economics of Industries', 'Industry and Trade', 'Industrial Organization and Policy', 'Commerce' and ...
dynamic economic and political development of capitalism, analyzed economics in class terms, and advocated the labour theory of value.
- 117KB
- 24
The document provides an overview of industrial economics, outlining its definition, scope, and key approaches. It defines industrial economics as the study of firms, industries, and markets, and how they relate to economic and policy issues.
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