"Industrial Economics and Organization: A European Perspective" is a ground-breaking text which provides a rigours and comprehensive analysis of Industrial Economics in theory and practice. Distinctive features of this text include: coverage of traditional as well as alternative approaches to Industrial Economics; detailed explanation of th relationship between Industrial and International Economics, and also the relationship between industrial and Regional Economics; examples and explanations of such groups of firms as clusters and industrial districts; extensive use of European Union for illustration of legal, economic and industrial issues; ample provision of algebraic, diagrammatic and discursive examples of New Industrial Economics; explanations of both theories of the firm and theories of industries; and equal weight given to the treatment of theory and practice. "Industrial Economics and Organization: A European Perspective" introduces the Industrial Economics discipline, and applies it to the European Union. The text is up to date, covering the latest theories, yet clarifying the origins and historical development of the discipline. The coverage is comprehensive, with explanations of many different theories from different ideological perspective. The use of mathematics is limited to the section on oligopolies, and is not essential for the reader's understanding of the key issues. In addition to clear explanations of theory, there are many examples drawn from firms and industries in Europe. Unlike most standard texts, the book conveys the excitement that pervades recent developments (for example, in the success of industrial districts based on networks of small firms). Yet the authors show an awareness of the limitations of these new developments. "Industrial Economics and Organization: A European Perspective" is essential reading for all students of Industrial Economics and European industry at intermediate and advanced levels, and should have particular interest for anyone who wants to understand what is going on within and among industries in Europe, and how economists are trying to make sense of this ever changing world of competition and cooperation.
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Dr. Bernadette Andreosso-O'Callaghan teaches at the University of Limerick.
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