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The General Economic Theory - An Integrative Approach (Hardcover, 1st ed. 2020)
Loot Price: R2,978
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The General Economic Theory - An Integrative Approach (Hardcover, 1st ed. 2020)
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This book develops a general economic theory that integrates
various economic theories and ideas and establishes important
relationships between economic variables that are not formally
recognized in the economic literature. The author demonstrates how
the basic model is integrated with neoclassical growth theory,
Walrasian general equilibrium theory, and Ricardian distribution
theory, and how these theories can be incorporated through a single
set of equations with a microeconomic basis. The book offers new
insights into income and wealth distribution between heterogeneous
households, racial and national differences in growth and
development, interdependence between different stock variables with
portfolio choices among different markets. It will appeal to
scholars of economists interested in an integrative theoretical
approach to this discipline.
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