Economic Growth and Business Cycles: Prices and the Process of Cyclical Development

Labini, Paolo Sylos

ISBN 10: 185278833X / ISBN 13: 9781852788339

Published by Edward Elgar Pub, United Kingdom, 1993

a very good hardcover; an ex-library copy with usual markings; internally pages bright and clean; ---------- SATISFACTION GUARANTEED --------- FAST, COURTEOUS SERVICE ------ Size: 6 x 9". Seller Inventory # A53415

Synopsis:

In this important and original book, Professor Sylos Labini offers an analysis of growth that is at once theoretical, historical and statistical. The central aim of neoclassical economics has been to discover the equilibrium values of prices, incomes, employment and production. Economic Growth and Business Cycles, by contrast, seeks to understand the logic behind the movement of these quantities over time.

Drawing upon a tradition in economics which dates from Adam Smith, while making use of modern analytical techniques, Sylos Labini views the process of growth as central to economic theory. Economic growth is seen not as a systematic increase of output conceived as an homogeneous aggregate, but rather as a process of structural change, affecting the composition of employment and bringing about changes in market forms, output, income distribution and the system of prices.

Economic Growth and Business Cycles will be welcomed by students and teachers of economics who wish to become acquainted with an original approach to the process of growth.

About the Author: The late Paolo Sylos Labini, formerly Professor of Economics, University ‘La Sapienza’, Rome, Italy

Bibliographic Details

Title: Economic Growth and Business Cycles: Prices ...
Publisher: Edward Elgar Pub, United Kingdom
Publication Date: 1993
Binding: Hard Cover
Condition: Very Good
Dust Jacket Condition: No Dustjacket
Edition: First Edition.
Book Type: Ex-Library