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Morishima, Michio Dynamic Economic Theory ISBN 13: 9780521563246

Dynamic Economic Theory - Hardcover

 
9780521563246: Dynamic Economic Theory

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.

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Review

'Dynamic Economic Theory is largely a retrospective commentary on the development of this strand of economics over the last half-century. It can be read in isolation from the author's other books, though its significance becomes more transparent when these are taken into account. In this context, Morishima has added another important element to the corpus of his many contributions to economic analysis.' R. E. Bailey, The Economic Journal

Book Description

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.

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  • PublisherCambridge University Press
  • Publication date1996
  • ISBN 10 0521563240
  • ISBN 13 9780521563246
  • BindingHardcover
  • Number of pages334

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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. 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 acc. Seller Inventory # 446940153

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Buch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book brings together in a single coherent framework a research programme begun by the author over 40 years ago. The main model around which the analysis is built is Hicksian in character having been drawn in large part from John Hicks 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 the 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. Seller Inventory # 9780521563246

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