Dynamic Economic Theory

Name: Dynamic Economic Theory
Brand: Cambridge University Press
SKU: 9780521563246
Price: 12050 KES
Availability: OutOfStock
ISBN: 9780521563246

by Michio Morishima

Book Details

Format Hardback

ISBN-10 0521563240

ISBN-13 9780521563246

Publisher Cambridge University Press

Imprint Cambridge University Press

Country of Manufacture GB

Country of Publication GB

Publication Date Oct 17th, 1996

Print length 334 Pages

Weight 623 grams

Dimensions 22.90 x 15.20 x 2.20 cms

Product Classification: Economic theory & philosophy Economic theory and philosophy

KSh 12,050.00

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This book brings together in a single coherent framework a research programme begun by the author in the forties. It develops multi-sector general equilibrium theory in the tradition of Hicks's Value and Capital, and extends the prototype model so as to accommodate the monetary sector as well as production and consumption.

This book brings together in a single coherent framework a research programme begun by the author in the forties. The main model around which the analysis is built is Hicksian in character, having been drawn in large part from John Hicks's Value and Capital. The model is extended so as to include money and securities. In respect of the theory of the firm the model focuses on demand and supply plans, on inputs and outputs, on inventories, and on dependencies between them. The stability of temporary equilibrium is discussed for linear and non-linear cases. Because the concept of structural stability is important for understanding non-linear cases, it is defined and applied to the case of economic motion generated from the temporary equilibrium analysis. The addenda focus on developments in economic theory following the publication of the main model.

Get Dynamic Economic Theory by Michio Morishima at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Cambridge University Press and it has 334 pages.