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Edwin Burmeister : Mathematical Theories of Economic Growth (Modern Revivals in Economics)
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Author: Edwin Burmeister
Title: Mathematical Theories of Economic Growth (Modern Revivals in Economics)
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Topics:
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Published in: English
Binding: Hardcover
Pages: 464
Date: 1993-08
ASIN/ISBN: 0751201774
Publisher: Ashgate Publishing
Weight: 1.55 pounds
Size: 5.75 x 9.0 x 1.5 inches
Description: Product 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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