Book Recommendation: Price Theory Can someone please recommend a book or a chapter from a book which provides a good and clear explanation of price theory. How prices are determined what they reflect and how they serve as allocaters of resources.
The Applied Theory of Price

by Donald N. McCloskey

McCloskey published the book (pdf) for free now.

The Chicago school's other economists also published their books on price theory (see Milton Friedman's and George Stigler's).