Time and Economics is popular PDF and ePub book, written by Željko Rohatinski in 2017-10-09, 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, Time and Economics can be Read Online from any device for your convenience.
Time and Economics Book PDF Summary
This book links the philosophical perception of time and Einstein’s theory of special relativity to economic processes, showing that the phenomena of time dilation and length contraction seen in physics can be identified within – and adapted to – an economic framework. The author expands on Marx’s model of reproduction with the additional variable of time, which is represented as a relative or functional category. In addition to allowing a more precise understanding of both static and dynamic relations between economic systems, this concept examines approaches to time proposed by Smith, Marshall and Keynes, and challenges the equilibrium and disequilibrium economic models. Rohatinski suggests that by understanding the differences in economic activity perceived across different time periods we are better able to influence that activity at micro- and macroeconomic levels.
Detail Book of Time and Economics PDF
- Author : Željko Rohatinski
- Release : 09 October 2017
- Publisher : Springer
- ISBN : 9783319617053
- Genre : Business & Economics
- Total Page : 268 pages
- Language : English
- PDF File Size : 20,5 Mb
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