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Increasing Returns and Economic Analysis (Hardcover, 1998 ed.)
Loot Price: R4,550
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Increasing Returns and Economic Analysis (Hardcover, 1998 ed.)
Expected to ship within 10 - 15 working days
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Selected papers from many leading Australian, American, Asian,
British and European economists of an international conference at
Monash University sparked by the first Australian visit by Kenneth
J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently
emerged New Classical Economics which uses inframarginal analysis
to formally examine classical economic problems of specialization
with insights on trade, growth, and many other issues. Part 2
analyses the implications of increasing returns and the associated
non-perfect competition on some macro problems like the effects of
nominal aggregate demand on output and the price level. Part 3
analyses the relationships of information, returns to scale, and
issues of resources and trade.
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