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Capital Theory and Dynamics (Paperback)

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Capital theory and dynamics are cornerstones for almost every branch of economics. Except in a fictional world where the economies of yesterday, today, and tomorrow are identical, issues of capital formation and dynamic behaviour must always arise. Although the specialist literature is technically demanding, Professor Burmeister shows that its important results can be understood and their economic significance grasped by those who do not possess the mathematical literacy required to follow rigorous proofs. Even if future events are known with certainty, they still influence the current economic state. This is the pure role of time. That future events are not known with certainty adds another complexity. This book focuses mainly on the pure role of time. *Author: Burmeister, E./ Burmeister, Edwin/ Edwin, Burmeister *Series Title: Cambridge Surveys of Economic Literature *Binding Type: Paperback *Number of Pages: 344 *Publication Date: 1980/11/28 *Language: English *Dimensions: 5.51 x 8.50 x 0.76 inches

Specifications

Publisher Cambridge Univ Pr
Mfg Part# 9780521297035
SKU 208165562
Format Paperback
ISBN10 0521297036
Release Date 6/2/2008
Product Attributes
Book Format Paperback
Number of Pages 0344
Publisher Cambridge University Press
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