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Dynamic Economic Theory

Language EnglishEnglish
Book Hardback
Book Dynamic Economic Theory Michio Morishima
Libristo code: 02035342
Publishers Cambridge University Press, October 1996
This book brings together in a single coherent framework a research programme begun by the author in... Full description
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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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About the book

Full name Dynamic Economic Theory
Language English
Binding Book - Hardback
Date of issue 1996
Number of pages 334
EAN 9780521563246
ISBN 0521563240
Libristo code 02035342
Weight 623
Dimensions 152 x 229 x 22
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