Psychology Dictionary of ArgumentsHome
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| Price Theory - Psychology Dictionary of Arguments | |||
| Price theory: Price theory, or microeconomics, analyzes how prices are determined within markets. It explores the interactions between supply and demand, examining how individuals and firms make decisions regarding production, consumption, and pricing. Price theory elucidates the mechanisms behind allocation of resources, the impact of changes in prices on market behavior, and the efficiency of market outcomes. See also Supply, Demand, Microeconomics, Price, Markets. _____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Neoclassical Economics | Price Theory | Neoclassical Economics | |
| Rothbard, Murray N. | Price Theory | Rothbard, Murray N. | |
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Ed. Martin Schulz, access date 2025-04-28 | |||
