Peter A. Diamond,
Peter A. (Massachusetts Institute of Technology) Diamond
On Time
Lectures on Models of Equilibrium
Gebonden Engels 1994 9780521462891Levertijd ongeveer 9 werkdagen
Gratis verzonden
Samenvatting
In these two lectures, first published in 1994, Peter Diamond explores how time is modelled in theoretical analyses of individual industries and of an entire economy. In the first lecture he considers equilibrium in a single market by examining the distinction between the short run and the long run in Marshallian analysis. He proposes an explicit modelling of time in place of Marshall's use of different atemporal models for different time frames. In the second lecture he turns to models of an entire economy, and begins by considering how and why models of an entire economy should differ from models of a single industry. Both cyclical and seasonal data on the behaviour of macro-economies are examined.
Specificaties
ISBN13:9780521462891
Taal:Engels
Bindwijze:Gebonden
Aantal pagina's:136
Uitgever:Cambridge University Press
Serie:Churchill Lectures i
Lezersrecensies
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Inhoudsopgave
Preface; Lecture I. Modelling an Industry: 1. Short run and long run; 2. Pricing; Lecture II. Modelling an Economy: 3. Short run and long run; 4. Money, income and credit; References; Index.
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