| Capital Theory and Dynamics Contributor(s): Burmeister, E. (Author), Burmeister, Edwin (Author), Edwin, Burmeister (Author) |
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ISBN: 0521297036 ISBN-13: 9780521297035 Publisher: Cambridge University Press OUR PRICE: $39.89 Product Type: Paperback - Other Formats Published: November 1980 Annotation: Capital theory and dynamics are cornerstones for almost every branch of economics. |
| Additional Information |
| BISAC Categories: - Business & Economics | Finance - General - Business & Economics | Economics - Macroeconomics |
| Dewey: 332.041 |
| LCCN: 79-28412 |
| Series: Cambridge Surveys of Economic Literature |
| Physical Information: 0.77" H x 5.5" W x 8.5" (0.96 lbs) 344 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Capital theory and dynamics are cornerstones for almost every branch of economics. Except in a fictional world where the economies of yesterday, today, and tomorrow are identical, issues of capital formation and dynamic behaviour must always arise. Although the specialist literature is technically demanding, Professor Burmeister shows that its important results can be understood and their economic significance grasped by those who do not possess the mathematical literacy required to follow rigorous proofs. Even if future events are known with certainty, they still influence the current economic state. This is the pure role of time. That future events are not known with certainty adds another complexity. This book focuses mainly on the pure role of time. |