This collected volume brings together seven interconnected papers written over the course of several years, all sharing a common intellectual thread: the economics of manufacturing under conditions of demand fluctuations, fixed costs, and technological choice. The work is deeply inspired by the pioneering insights of John Maurice Clark (1884-1963), whose studies on overhead costs and business cycles continue to offer profound lessons for modern industrial economics.
Sample Chapter(s)
Preface (28 KB)
Components of the Book:
- Preface
- Chapter 1. The Economics of Business Cycles Numerical Model Role of Fixed Costs
- Chapter 2. Thought Experiment: Marginal Cost versus John M. Clark’s Workable Competition Pricing
- Chapter 3. Globalization: Alternative Pricing in a Peak-Load Pricing Model
- Chapter 4. Thought Experiment Transfer Pricing Alternatives in Corporation under Demand Fluctuations
- Chapter 5. Manufacturing and Production Economics Numerical Model Old Non-FMS versus Modern FMS Plants
- Chapter 6. A Numerical Example Illustrating Cost of Idle Capacity in Manufacturing
- Chapter 7. A Simple Numerical Example Illustrating Flexible versus Inflexible Manufacturing Systems
- Afterword
Readership:
Students, academics, teachers and other people attending or interested in Business and Economics.
Gerald Aranoff
Professor of Accounting Ariel University, Ariel, Israel