Originally published in 1976, this title was a new kind of introductory micro-economics text which both assesses the usefulness of traditional theory in tackling social and economic problems and compares and contrasts the alternative approaches to the practical problems inherent in the allocation of scarce resources.

1. Introduction to the Theory of Supply 2. The Theory of Production 3. The Theory of Costs 4. The Theory of Markets 5. Market Structure and Industrial Organisation 6. Revisionist Theories of the Firm 7. Markets in Action 8. The Spatial Dimension. Index.