Dynamic economic theory
Author(s)
Bibliographic Information
Dynamic economic theory
Cambridge University Press, 1996
- : hc
- Other Title
-
動学的経済理論
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Note
"Translation of the author's thesis published in Tōkyō by Kōbundō, 1950. English translation originally published: London : International Centre for Economics and Related Disciplines, 1980. With new addenda"--T.p. verso
Includes bibliographical references (p. 301-306) and index
Description and Table of Contents
Description
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.
Table of Contents
- 1. The method of economic analysis
- 2. Households' and firms' economic behaviour
- 3. Stability conditions for temporary equilibrium: the linear case
- 4. Stability conditions for temporary equilibrium: the non-linear case
- 5. Comparative dynamics
- Appendices
- Mathematical notes.
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