DYNAMIC ECONOMIC THEORY by Michio Morishima ( 9780521563246 ) - Books & Audio Books at Pickabook.co.uk

Item Details

Title:

DYNAMIC ECONOMIC THEORY

By:

Michio Morishima

Format:

Hardback

List price:

£62.00

Our price:

£54.25

Discount:

12.5% off

You save:

£7.75

ISBN 10:

0521563240

ISBN 13:

9780521563246

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Publisher:

CAMBRIDGE UNIVERSITY PRESS

Pub. date:

17 October, 1996

Pages:

334

Description:

This book devolops multi-sector general equilibrium theory in the tradition of Hicks's Value and Capital.

Synopsis:

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.

Illustrations:

35 figures

Publication:

Imprint:

Cambridge University Press

Returns:

Returnable

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CAPITAL AND CREDIT

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