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The Armies of Labor

Introduction to Economic Analysis

This book presents introductory economics ("principles") material using standard mathematical tools, including calculus. It is designed for a relatively sophisticated undergraduate who has not taken a basic university course in economics. It also contains the standard intermediate microeconomics material and some material that ought to be standard but is not. The book can easily serve as an intermediate microeconomics text. The focus of this book is on the conceptual tools and not on fluff. Most microeconomics texts are mostly fluff and the fluff market is exceedingly over-served by $100+ texts. In contrast, this book reflects the approach actually adopted by the majority of economists for understanding economic activity. There are lots of models and equations and no pictures of economists. Bookshare demo title.

Corporate Objectives Flowchart 1 (UEB uncontracted)

This is a labelled diagram showing corporate objectives and the secondary objectives that must be achieved to attain them. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are five boxes on the page; the one at the top centre of the page is labelled corporate objectives. There are four arrows leading from this box, each one pointing to one of a row of four labelled boxes down the page.

Critical Path Flowchart (UEB uncontracted)

This is a labelled diagram showing a generic diagram of a critical path analysis. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are six circles on the page. These circles represent the nodes or stages of a project that have to be passed before moving on to the next stage. Each circle has been divided into three segments: a semicircle on the left and two quadrants (quarters) on the right. The nodes are numbered in the left-hand semi-circles, from 1 at the centre left of the page to 6 at the centre right of the page. The quadrants in each node are also numbered. The number in the top quadrant is the earliest start time (EST) and the number in the bottom is the latest finish time (LFT). The nodes are linked by lines. These show the tasks that have to be carried out between stages. Each line is marked up the page with a letter and down the page a number. The letter stands for the task that has to be completed between the nodes and the number shows how long the task should take (the task duration). Some of the lines are marked with two short lines halfway along their length. These show the critical path: the path that takes the least amount of time to complete.

Fixed Costs, Total Costs, Revenue Line Graph (UEB uncontracted)

This page shows a labelled graph of costs and revenues plotted against monthly output (customers). There is a locator dot shown, which will be at the top left of the page when the image is the right way up. On the far left is a vertical scale, the Y-axis, which has divisions from 0 to 40 going up the page in increments of 10. These represent costs and revenues in units of thousands of pounds. At the bottom of the page is a horizontal scale, the X-axis, which has divisions going from 0 on the left to 700 on the right of the page, in increments of 100. These represent monthly output (customers). There is a heavy (red on the Large Print version) line starting at 10 on the Y-axis and going across horizontally to the far right of the page. This represents fixed costs of 10 thousand pounds. There is a heavy dashed (green on the Large Print version) line starting at 10 on the Y-axis and going up and right to the far right of the page. This represents total costs. There is another heavy dashed (blue on the Large Print) line, starting at zero and going up and right to the top right of the page. This is the revenue line. A thin dashed line goes vertically up the page from the 400 mark on the X-axis to the point where the total costs and the revenue lines cross. This is the break-even point.

Company Organisation Chart 1 (UEB uncontracted)

This page shows a labelled generic hierarchical chart with chief executive, directors and managers. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. This is an organisational chart showing an example of the structure of a company. The positions in the company are shown in boxes, which are linked by lines to show their relationships. The Chief executive is in a box stretching at the top of the page. It is linked by lines to a row of four boxes down the page showing the directors. The second director from the left, Brand Director B, links further down the page to another four boxes showing various managers.

Break-even Forecast "The Russell Steam Roller" First Year of UK Manufacture (UEB contracted)

This page shows a labelled graph showing total revenue, total cost, and total fixed cost. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. On the far left, the Y-axis is a vertical scale in £1000s, labelled every 500. There are light dotted lines going horizontally across the page from the Y-axis showing intervals of 100. On the bottom of the page, the X-axis is a horizontal scale showing output in 1000s. There are light dotted lines going vertically up the page from the X-axis showing intervals of 1, starting at 4 on the left and going to 10 on the right. There are three lines starting just to the right of the Y-axis: 1. The total fixed cost line starting at 600 with dots that represent data points along its length. 2. The total revenue line starting at 1000 with unfilled triangles that represent data points along its length. 3. The total cost line starting at 1300 with small crosses that represent data points along its length. The total revenue and the total cost line intersect halfway across the page. This is the break-even point.

Corporate Objectives Flowchart 2 (UEB uncontracted)

This is a labelled diagram showing corporate objectives in the top row and the secondary objectives that must be achieved to attain them. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are nine boxes on the page; the one at the top centre of the page is labelled corporate objectives. The remaining labelled boxes are in two rows of four down the page. Each one of the boxes is linked to its neighbouring boxes by double-headed arrows.

Critical Path Flowchart (UEB contracted)

This is a labelled diagram showing a generic diagram of a critical path analysis. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are six circles on the page. These circles represent the nodes or stages of a project that have to be passed before moving on to the next stage. Each circle has been divided into three segments: a semicircle on the left and two quadrants (quarters) on the right. The nodes are numbered in the left-hand semi-circles, from 1 at the centre left of the page to 6 at the centre right of the page. The quadrants in each node are also numbered. The number in the top quadrant is the earliest start time (EST) and the number in the bottom is the latest finish time (LFT). The nodes are linked by lines. These show the tasks that have to be carried out between stages. Each line is marked up the page with a letter and down the page a number. The letter stands for the task that has to be completed between the nodes and the number shows how long the task should take (the task duration). Some of the lines are marked with two short lines halfway along their length. These show the critical path: the path that takes the least amount of time to complete.

Fixed Costs Line Graph (UEB contracted)

This page shows a labelled graph of fixed costs plotted against output of computers per annum. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. On the far left is a vertical scale, the Y-axis, which has divisions from 0 to 7 going up the page. These represent costs in units of millions of pounds. At the bottom of the page is a horizontal scale, the X-axis, which has divisions going from 0 on the left to 70 on the right of the page, in increments of 10. These represent output of computers. There is a heavy (red on the Large Print version) line starting at 5 on the Y-axis and going across horizontally to the far right of the page. This represents fixed costs of 5 million pounds.

Break-even Forecast "The Russell Steam Roller" First Year of UK Manufacture (UEB uncontracted)

This page shows a labelled graph showing total revenue, total cost, and total fixed cost. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. On the far left, the Y-axis is a vertical scale in £1000s, labelled every 500. There are light dotted lines going horizontally across the page from the Y-axis showing intervals of 100. On the bottom of the page, the X-axis is a horizontal scale showing output in 1000s. There are light dotted lines going vertically up the page from the X-axis showing intervals of 1, starting at 4 on the left and going to 10 on the right. There are three lines starting just to the right of the Y-axis: 1. The total fixed cost line starting at 600 with dots that represent data points along its length. 2. The total revenue line starting at 1000 with unfilled triangles that represent data points along its length. 3. The total cost line starting at 1300 with small crosses that represent data points along its length. The total revenue and the total cost line intersect halfway across the page. This is the break-even point.

Critical Path Analysis: Setting Up a New Factory (UEB uncontracted)

This is a labelled diagram showing the critical path analysis of the process of setting up a new factory. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are six circles on the page, each one labelled with a letter, starting with A on the centre left of the page and finishing F on the centre right. These circles represent the nodes or stages of the project that have to be completed before moving on to the next stage. A is at the beginning of the project and F at the end. The circles are linked by labelled arrows. These show the tasks that have to be carried out between stages. The numbers shown between the nodes are estimates, in months, of the time taken to carry out the activities.

Break-even Forecast "The Russell Steam Roller" First Year of UK Manufacture (large print)

This page shows a labelled graph showing total revenue, total cost, and total fixed cost. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. On the far left, the Y-axis is a vertical scale in £1000s, labelled every 500. There are light dotted lines going horizontally across the page from the Y-axis showing intervals of 100. On the bottom of the page, the X-axis is a horizontal scale showing output in 1000s. There are light dotted lines going vertically up the page from the X-axis showing intervals of 1, starting at 4 on the left and going to 10 on the right. There are three lines starting just to the right of the Y-axis: 1. The total fixed cost line starting at 600 with dots that represent data points along its length. 2. The total revenue line starting at 1000 with unfilled triangles that represent data points along its length. 3. The total cost line starting at 1300 with small crosses that represent data points along its length. The total revenue and the total cost line intersect halfway across the page. This is the break-even point.

Garment Sales and Production Flowchart (UEB contracted)

This labelled flowchart demonstrates clothing production being driven by changes in fashion. There is a locator dot shown, which will be at the top left of the page when the image is the right way up. There are four labelled boxes on the page. They are in a circular arrangement with one on the centre left, one on the top centre, one on the centre right and on the bottom centre. The boxes are linked one to another by arrows going in a clockwise direction so that the various stages occur in a repeating cycle.

Fixed Costs, Total Costs, Revenue Line Graph (UEB contracted)

This page shows a labelled graph of costs and revenues plotted against monthly output (customers). There is a locator dot shown, which will be at the top left of the page when the image is the right way up. On the far left is a vertical scale, the Y-axis, which has divisions from 0 to 40 going up the page in increments of 10. These represent costs and revenues in units of thousands of pounds. At the bottom of the page is a horizontal scale, the X-axis, which has divisions going from 0 on the left to 700 on the right of the page, in increments of 100. These represent monthly output (customers). There is a heavy (red on the Large Print version) line starting at 10 on the Y-axis and going across horizontally to the far right of the page. This represents fixed costs of 10 thousand pounds. There is a heavy dashed (green on the Large Print version) line starting at 10 on the Y-axis and going up and right to the far right of the page. This represents total costs. There is another heavy dashed (blue on the Large Print) line, starting at zero and going up and right to the top right of the page. This is the revenue line. A thin dashed line goes vertically up the page from the 400 mark on the X-axis to the point where the total costs and the revenue lines cross. This is the break-even point.

Company Organisation Chart 1 (large print)

This page shows a labelled generic hierarchical chart with chief executive, directors and managers. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. This is an organisational chart showing an example of the structure of a company. The positions in the company are shown in boxes, which are linked by lines to show their relationships. The Chief executive is in a box stretching at the top of the page. It is linked by lines to a row of four boxes down the page showing the directors. The second director from the left, Brand Director B, links further down the page to another four boxes showing various managers.

Company Organisation Chart 1 (UEB contracted)

This page shows a labelled generic hierarchical chart with chief executive, directors and managers. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. This is an organisational chart showing an example of the structure of a company. The positions in the company are shown in boxes, which are linked by lines to show their relationships. The Chief executive is in a box stretching at the top of the page. It is linked by lines to a row of four boxes down the page showing the directors. The second director from the left, Brand Director B, links further down the page to another four boxes showing various managers.

Corporate Objectives Flowchart 1 (large print)

This is a labelled diagram showing corporate objectives and the secondary objectives that must be achieved to attain them. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are five boxes on the page; the one at the top centre of the page is labelled corporate objectives. There are four arrows leading from this box, each one pointing to one of a row of four labelled boxes down the page.

Critical Path Flowchart (large print)

This is a labelled diagram showing a generic diagram of a critical path analysis. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are six circles on the page. These circles represent the nodes or stages of a project that have to be passed before moving on to the next stage. Each circle has been divided into three segments: a semicircle on the left and two quadrants (quarters) on the right. The nodes are numbered in the left-hand semi-circles, from 1 at the centre left of the page to 6 at the centre right of the page. The quadrants in each node are also numbered. The number in the top quadrant is the earliest start time (EST) and the number in the bottom is the latest finish time (LFT). The nodes are linked by lines. These show the tasks that have to be carried out between stages. Each line is marked up the page with a letter and down the page a number. The letter stands for the task that has to be completed between the nodes and the number shows how long the task should take (the task duration). Some of the lines are marked with two short lines halfway along their length. These show the critical path: the path that takes the least amount of time to complete.

Corporate Objectives Flowchart 2 (large print)

This is a labelled diagram showing corporate objectives in the top row and the secondary objectives that must be achieved to attain them. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are nine boxes on the page; the one at the top centre of the page is labelled corporate objectives. The remaining labelled boxes are in two rows of four down the page. Each one of the boxes is linked to its neighbouring boxes by double-headed arrows.

Fixed Costs Line Graph (large print)

This page shows a labelled graph of fixed costs plotted against output of computers per annum. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. On the far left is a vertical scale, the Y-axis, which has divisions from 0 to 7 going up the page. These represent costs in units of millions of pounds. At the bottom of the page is a horizontal scale, the X-axis, which has divisions going from 0 on the left to 70 on the right of the page, in increments of 10. These represent output of computers. There is a heavy (red on the Large Print version) line starting at 5 on the Y-axis and going across horizontally to the far right of the page. This represents fixed costs of 5 million pounds.

Corporate Objectives Flowchart 1 (UEB contracted)

This is a labelled diagram showing corporate objectives and the secondary objectives that must be achieved to attain them. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are five boxes on the page; the one at the top centre of the page is labelled corporate objectives. There are four arrows leading from this box, each one pointing to one of a row of four labelled boxes down the page.

Critical Path Analysis: Setting Up a New Factory (large print)

This is a labelled diagram showing the critical path analysis of the process of setting up a new factory. There is a locator dot shown, which will be at the top left of the page when the image is the correct way up. There are six circles on the page, each one labelled with a letter, starting with A on the centre left of the page and finishing F on the centre right. These circles represent the nodes or stages of the project that have to be completed before moving on to the next stage. A is at the beginning of the project and F at the end. The circles are linked by labelled arrows. These show the tasks that have to be carried out between stages. The numbers shown between the nodes are estimates, in months, of the time taken to carry out the activities.

Garment Sales and Production Flowchart (UEB uncontracted)

This labelled flowchart demonstrates clothing production being driven by changes in fashion. There is a locator dot shown, which will be at the top left of the page when the image is the right way up. There are four labelled boxes on the page. They are in a circular arrangement with one on the centre left, one on the top centre, one on the centre right and on the bottom centre. The boxes are linked one to another by arrows going in a clockwise direction so that the various stages occur in a repeating cycle.

Fixed Costs, Total Costs, Revenue Line Graph (large print)

This page shows a labelled graph of costs and revenues plotted against monthly output (customers). There is a locator dot shown, which will be at the top left of the page when the image is the right way up. On the far left is a vertical scale, the Y-axis, which has divisions from 0 to 40 going up the page in increments of 10. These represent costs and revenues in units of thousands of pounds. At the bottom of the page is a horizontal scale, the X-axis, which has divisions going from 0 on the left to 700 on the right of the page, in increments of 100. These represent monthly output (customers). There is a heavy (red on the Large Print version) line starting at 10 on the Y-axis and going across horizontally to the far right of the page. This represents fixed costs of 10 thousand pounds. There is a heavy dashed (green on the Large Print version) line starting at 10 on the Y-axis and going up and right to the far right of the page. This represents total costs. There is another heavy dashed (blue on the Large Print) line, starting at zero and going up and right to the top right of the page. This is the revenue line. A thin dashed line goes vertically up the page from the 400 mark on the X-axis to the point where the total costs and the revenue lines cross. This is the break-even point.