The Completed Micro Model

Robin Marris
Additional contact information
Robin Marris: University of London

Chapter 6 in Managerial Capitalism in Retrospect, 1998, pp 122-134 from Palgrave Macmillan

Abstract: Abstract In order to grow, a firm must have finance. To increase demand for its products and services it must finance the costs of growth as they were described in Chapters 3 and 4. To undertake increased production to meet the increased demands that it has created, it must have new capacity: that is, investment. The original Chapter 5 was therefore titled ‘Supply’, because it was essentially concerned with the supply of finance. The original Chapter 6, which brought ‘Demand’ and ‘Supply’ together — in the sense of balancing the profitable growth of demand with the financable growth of capacity — was called ‘Complete Micro Models’, but the plural was a mistake: there was basically only one model. In this new chapter I set out the bare bones of that model, removing unncessary complexities, but maintaining the basic economic assumptions.

Keywords: Micro Model; Managerial Firm; Profit Rate; Managerial Capitalism; Expect Growth Rate (search for similar items in EconPapers)
Date: 1998
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37616-8_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230376168

DOI: 10.1057/9780230376168_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().