Mathematical Theories of Economic Growth (Modern Revivals in Economics)

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Mathematical Theories of Economic Growth (Modern Revivals in Economics) image
ISBN-10:

0751201774

ISBN-13:

9780751201772

Edition: Stated First Edition
Released: Jan 01, 1970
Publisher: Gregg Revivals
Format: Hardcover
Related ISBN: 9780023171109

Description:

This comprehensive work explores theories of economic growth through analysis of mathematical models. The authors construct and discuss several economic growth models, beginning with a one-sector model and progressing to a two-sector and finally multi-sector models with many capital goods. The economic basis and implications of the mathematical models are stressed. The authors place particular emphasis on subjects such as induced technological change; theorems regarding factor-augmenting technical change; reswitching of techniques and paradoxical behaviour in capital theory; price-quantity duality relations; and optimal economic growth.

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