Business Cycles : Theories and Numerical Simulation
New
Book Details
Format
Paperback / Softback
ISBN-10
3631444109
ISBN-13
9783631444108
Edition
New
Publisher
Peter Lang GmbH
Imprint
Peter Lang GmbH
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 1st, 1992
Print length
226 Pages
Weight
316 grams
Dimensions
14.90 x 24.70 x 1.30 cms
Product Classification:
Microeconomics
Ksh 10,650.00
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The purposes of this book are as follows: 1) The occurrence of business cycle is closely connected with the essential features of a capitalist economy. The first aim of this book is to clarify this relationship. 2) To recount the history of business cycle in Japan and some other leading capitalist economies during the post war period. 3) To survey a variety of business cycle theories in both the Marxian and Orthodox economic traditions. 4) To construct a simple mathematical model and demonstrate the relationships between economic variables. We hope this helps readers to understand better the mechanisms of the business cycle. 5) To conduct a computer simulation of the model described above. Computer simulation is a powerful method both for examining the logical consistency of a theoretical model and exploring its conclusions.
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