Methods of Dynamic EconomicsClarendon Press, 1985 - Počet stran: 173 Capital and Growth was published in 1965, and rapidly established itself as a landmark in economic theory. In this volume, Sir John takes his earlier work and examines it critically for its present-day value. The result is a substantially reworked book based on the first and best part of his 1965 publication. The theme, now more clearly identified, is a comparative study of the economics of change, and brings in many of Hick's subsequent developments and refinements - in particular a 'neo-Austrian' theory of ca pital which he developed in Capital and Time (1973). A new chapter on Keynes's methods has been added. The sum is a more complete classification of the family of models appropriate for analysing dynamic economics. |
Obsah
1 Method Dynamics and Statics | 1 |
2 The Concept of Equilibrium | 11 |
3 Static Method in Dynamic Theory | 23 |
4 Primitive Growth ModelsAdam Smith and Ricardo | 29 |
5 The Method of Marshall | 44 |
6 The Methods of Keynes | 52 |
7 The Temporary Equilibrium Method | 62 |
8 The Fixprice Method | 81 |
10 A Problem in Stock Adjustment | 99 |
11 KeynesType Macrodynamics | 108 |
12 HarrodType Macrodynamics | 118 |
13 Structural DisequilibriumTraverse | 131 |
the Austrian Method | 144 |
Optimum Saving | 159 |
| 171 | |
9 Stocks and Flows | 89 |
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A₁ actual adjustment analysis assume assumption autonomous investment balance-sheet beginning capital stock capital-output ratio chapter constant growth consumption corn curve demand depends determined difference equation disequilibrium E₁ economy equal equation equi equilib equilibrium path Essays expansion fixed capital Flexprice flow condition flow equilibrium follow full employment given growth rate happens Harrod Harrod-type income increase industry initial inputs K₁ Keynes Keynesian labour librium Lindahl look marginal utility market form Marshall Marshall's monetary optimum Original Model output particular perfect competition position possible problem production quantities question rate of interest rate of profit Ricardo rise rium saving sense short period single period Smith static equilibrium static method static theory stationary stock and flow stock equilibrium supply suppose taken technique Temporary Equilibrium method things tion Treatise unchanged Value and Capital wages Welfare Economics whole Wicksell Y₁