The volume is divided into three parts:A: Economic Growth and Related Problems (covering international trade and economic integration, including a comparative study between Europe and America)B: Theoretical Welfare Economics (welfare propositions in economics, profit maximization and its...

Dealing with general economic theory, other than employment theory, the book discusses the theory of pure and monopolistic competition - with a special emphasis upon welfare aspects. Beginning with an analysis of the consumer and of the individual firm, the main stress is nevertheless placed on...