How Long to Read The Economic Theory of Price Indices

How Long Does it Take to Read The Economic Theory of Price Indices?

It takes the average reader 2 hours and 16 minutes to read The Economic Theory of Price Indices by Franklin M. Fisher

Assuming a reading speed of 250 words per minute. Learn more

Description

The Economic Theory of Price Indices: Two Essays on the Effects of Taste, Quality, and Technological Change is concerned with the effects of consumer taste, product quality, and technological change on price indices. Special attention is paid on technological change in the simple two-sector production model of Rybczynski and Uzawa. The effects of the general case of changing factor supplies and factor-augmenting change on the real national output deflator are also examined. Comprised of two essays, this book begins with an analysis of the pure theory of the true cost-of-living index, which may be considered as an idealization of indices like the consumer price index and others of that type. The essay explores how the true cost-of-living index is affected by changes in consumer taste, quality changes in purchased goods, and the introduction of new goods into the market place. The second essay deals with the pure theory of the national output deflator and provides a foundation for the measurement of real national output (or product). It shows that the usual inequalities relating Paasche and Laspeyres to the true index are reversed (from what they are in cost-of-living theory) for the case of production. It also assesses the implications of changing production possibilities caused by technological change or a change in factor supplies. This monograph will be a useful resource for mathematicians, economists, and others interested in economic theory and mathematical economics.

How long is The Economic Theory of Price Indices?

The Economic Theory of Price Indices by Franklin M. Fisher is 134 pages long, and a total of 34,036 words.

This makes it 45% the length of the average book. It also has 42% more words than the average book.

How Long Does it Take to Read The Economic Theory of Price Indices Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 5 minutes to read The Economic Theory of Price Indices aloud.

What Reading Level is The Economic Theory of Price Indices?

The Economic Theory of Price Indices is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Economic Theory of Price Indices?

The Economic Theory of Price Indices by Franklin M. Fisher is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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