Foundations of Economic Analysis (Economic Studies): Enlarged Edition (Harvard Economic Studies) - Softcover

Samuelson, Pa

Softcover

ISBN 10: 0674313038 ISBN 13: 9780674313033

Publisher: Harvard University Press, 1983

Synopsis

Although his classic work has gone through many reprintings and translations, only now has Paul A. Samuelson added new material to his 1947 treatise. A new introduction portrays the genesis of the book and analyzes how its contributions fit into theoretical developments of the last thirty-five years. A new and lengthy mathematical appendix gives a survey of the following post-1947 breakthroughs in political economy, in relation to the methodology of Foundations linear programming and comparative statics; nonlinear programming, dynamic and stochastic; modern duality theory; the testable content of the neoclassical money model; probabilistic decision making, with new slants on the dogma of Expected-Utility maximizing; and portfolio and liquidity preference analysis by general methods that transcend mean-variance approximations.

About this title

Synopsis:

Recent statistical techniques, including nonlinear programming, have been added to a basic survey of equilibrium systems, comparative statistics, consumer behavior theory, and cost and production theory.

About the Author:

Paul A. Samuelson was an American economist, and the first American to win the Nobel Memorial Prize in Economic Sciences.

About this edition

• Publisher: Harvard University Press
• Publication date: 1983
• ISBN 10: 0674313038
• ISBN 13: 9780674313033
• Binding: Paperback
• Edition number: 2
• Number of pages: 632