General Equilibrium Capital and Macroeconomics is popular PDF and ePub book, written by Fabio Petri in 2004-01-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, General Equilibrium Capital and Macroeconomics can be Read Online from any device for your convenience.

General Equilibrium Capital and Macroeconomics Book PDF Summary

'Fabio Petri has been a persistent critic of marginalist theories of value and distribution. In this provocative book, he presents an extensive scrutiny of the reasons why many economists are unsatisfied with the Neo-Walrasian approach to General Equilibrium theory and why some reject it altogether. General Equilibrium, Capital and Macroeconomics throws down a challenge to all economic theorists.' - Neri Salvadori, University of Pisa, Italy 'General Equilibrium, Capital and Macroeconomics is a thorough and deep book. It contains a remarkably clear and precise statement of the conceptual, methodological and analytical difficulties besetting the demand and supply approach to economics as it is advocated in partial and general equilibrium models, old and new, micro and macro. This work covers essential parts of modern economics, it is well written and the subject matter is carefully arranged. The book will be of interest to a wide range of economists.' - Heinz D. Kurz, University of Graz, Austria This book argues that the shift in general equilibrium theory, from its early long-period to the modern very-short-period versions, has had very important consequences which are insufficiently appreciated by large parts of the economics profession. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as the negative dependence of aggregate investment on the interest rate, or the existence of a downward-sloping demand curve for labour) which had their basis in the long-period versions where capital was treated as a single factor.

Detail Book of General Equilibrium Capital and Macroeconomics PDF

General Equilibrium  Capital and Macroeconomics
  • Author : Fabio Petri
  • Release : 01 January 2004
  • Publisher : Edward Elgar Publishing
  • ISBN : 1781008302
  • Genre : Business & Economics
  • Total Page : 400 pages
  • Language : English
  • PDF File Size : 20,5 Mb

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