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Macroeconomics, Trade, and Social Welfare (Hardcover, 1st ed. 2016) Loot Price: R2,174
Discovery Miles 21 740
You Save: R261 (11%)
Macroeconomics, Trade, and Social Welfare (Hardcover, 1st ed. 2016): Michihiro Ohyama

Macroeconomics, Trade, and Social Welfare (Hardcover, 1st ed. 2016)

Michihiro Ohyama

Series: Advances in Japanese Business and Economics, 14

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List price R2,435 Loot Price R2,174 Discovery Miles 21 740 | Repayment Terms: R202 pm x 12* You Save R261 (11%)

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This book develops new, original methods of welfare comparison and comparative dynamics between distinct and discretely positioned (rather than continuously related) socioeconomic situations. These methods are not only realistic but also extremely relevant to serious economic problems. Using them, the book sheds illuminating new light on the theoretical analysis of Keynesian economics and other important issues of political economy. For instance, it shows that the principle of effective demand applies exactly as Keynes put it to the unemployment equilibrium in the short run. It also shows that the equilibrium may change along the expansion path as the government chooses to vary its expenditure to maximize national welfare. The same methods are effectively employed theoretically to investigate modern trade policy issues such as gains from trade, the theory of tariffs, free trade agreements, and the role of the WTO. Those methods are also used to study the welfare and efficiency of various socioeconomic situations.

General

Imprint: Springer Verlag,Japan
Country of origin: Japan
Series: Advances in Japanese Business and Economics, 14
Release date: December 2015
Authors: Michihiro Ohyama
Dimensions: 235 x 155 x 21mm (L x W x T)
Format: Hardcover
Pages: 232
Edition: 1st ed. 2016
ISBN-13: 978-4-431-55805-7
Categories: Books > Business & Economics > Economics
Books > Business & Economics > Finance & accounting
Books > Business & Economics > Economics > Macroeconomics
Books > Business & Economics > Finance & accounting > Finance
Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Finance & accounting > Finance > Public finance
Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance
Books > Money & Finance > Public finance > General
Promotions
Books > Business & Economics > Promotions
LSN: 4-431-55805-5
Barcode: 9784431558057

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