Basic Network Utility Economics: The Innate Economics of the Electricity, Gas, Water, Rail and Other Physical Network Industries - Softcover

Mark Hull

9780957699007: Basic Network Utility Economics: The Innate Economics of the Electricity, Gas, Water, Rail and Other Physical Network Industries

Softcover

ISBN 10: 095769900X ISBN 13: 9780957699007

Publisher: Professional Economics Ltd, 2013

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The economics of the heavy natural monopolies electricity, gas, water and rail is not as straightforward as most microeconomics texts assume. This book, by a professional, explains the techniques that are actually used by practitioners to analyse and advise policymakers, in simple language suitable for anyone with an understanding of basic economics. It starts by explaining the absolute basics of each industry and examining their fundamental characteristics. In the course of this easy and informative exposition the limitations of neoclassical models are exposed, and more general tools are gently explained, using a hundred color diagrams and a minimum of algebra.

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About the Author

Mark Hull (Author) Following a career as a government economist, corporate strategist and manufacturing company CEO, Mark Hull worked as a private sector utilities economist for 13 years. During this time he worked for some of the world s top private consultancies offering analyses and advice in the water, electricity, gas and rail industries on strategic, regulatory, cost-cutting, merger and restructuring issues in the UK, continental Europe, North America, South America, and Asia. He now teaches economics and business strategy in Universities and Business Schools.

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