Economics of Economy Pricing

<p>The economy of the industrialized countries in the 21st century has already moved to a new level of mass production and technology never seen before thanks in part to globalization advanced technologies new organization management methods and innovative supply chain. A relatively large number of mass-produced commodities (characterized as non-premium) and services in Western economies are somehow sold at discounts rather than regular prices at a much higher frequency that was never seen before. This phenomenon has completely changed how we look at the theory of the firm in microeconomics. </p><p><br></p><p>This book is indented to introduce new ideas and theories by challenging the current modern micro-and-macro economic theories. In a globalized world the economies of advanced countries have entered a new phase called economy pricing where most of the mass commodities are sold at a low price during certain periods of the year called 'sales events'. In addition to low prices most industrialized countries have had record low inflation low-interest rates low growth and low unemployment rates. </p><p>This book will contend how the Economy Pricing System is about to revolutionize how people look at a real economy's micro and macro effects.  </p><p><br></p>