Economics Handbook - International Business Encyclopedia

Author: (USA) William Lazear
Translator: Xie Guanping, Gao Zeng'an, Yang Ping
Country: United States
Publisher:
Publish Date: 2006-08-01
Features: This book is a completely new reference book on economics, with each entry written by economists from globally renowned universities and authorities in economics. The editor-in-chief is William Lazear, a famous economist at the University of Massachusetts in the United States. This book is guided by institutional economics and takes a global perspective on economics. It covers the development of various industries and their institutions worldwide, offering comprehensive and up-to-date content with strong authority. The book provides rational analysis of major issues in industrial economics, affirming the critical role of corporate operations and management in modern economic activities. While traditional economic theories emphasize that the role of "the firm" is merely a reaction to market forces in resource allocation, for certain businesses and economic activities, firms may only play a passive role in resource allocation. However, it is undeniable that corporate managers play a significant role in resource allocation, and corporate operations are not merely a derivative of the entire economic market force. This book serves as an important reference and tool for students and faculty in economics and business management, entrepreneurs, professional managers, economic researchers, and economists.