Providing a high-level understanding of the working of a market economy from the viewpoint of a detailed operational analysis, this book analyses the macroeconomic performance of an economy in terms of its microeconomic structure its endowments and technology. Demonstrates techniques of analysis, such as linear programming and input-output analysis. Offers applications, data, and examples from America, Canada, and Europe. For applied economic theorists and mathematical economists.
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A coherent analysis of the working of market economies integrating macroeconomic issues, such as the efficient utilization of labor and capital, the trade position, environmental policy, and productivity growth, with microeconomic tools, including the analysis of maximizing agents and their structural interactions by means of linear programming and
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