A01=J. E. Meade
Author_J. E. Meade
capital accumulation theory
Category=KC
Category=KCM
Central Authority
Citizen's Consumption
Citizen’s Consumption
Consumption Goods
Consumption Stream
Dependency Ratio
economic growth theory applications
Efficiency Units
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
equilibrium dynamics
Final Consumption Good
Hotel Industry
Interclass Inequalities
Intergenerational Inequalities
J. E. Meade
Large Families
macroeconomic modeling
marginal
Marginal Product
Mr A
Net Marginal Product
Net Outputs
Perfect Altruism
Perfect Potential Competition
population economics
product
Property Incomes
proportional
Proportional Marginal Product
Real Wage Rate
Savings Proportion
socialist planning models
Specific Mortality
Steady Growth
Technical Progress
Vice Versa
welfare distribution analysis
Product details
- ISBN 9781138536067
- Weight: 453g
- Dimensions: 152 x 229mm
- Publication Date: 09 Aug 2017
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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In this sequel to his widely praised classic study of The Stationary Economy, Nobel Prize winning economist J. E. Meade continues his systematic treatment of the entire fi eld of economic analysis. He uses a series of simplifi ed models designed to show the interconnections between various specialist fi elds of economic theory.The Growing Economy departs from the position of static equilibrium Meade assumes in The Stationary Economy. Here he deals with equilibrium growth. Meade introduces capital goods and allows for growth through capital accumulation, population expansion, and technical progress. He still assumes perfect competition and the absence of indivisibilities, so that there are constant returns to scale in the productive system and a given set of consistent and independent preferences for each consumer.In this volume, an attempt is made to discuss the theory of economic growth with a minimum of mathematical analysis. In the main text no diff erential or integral calculus is employed; such mathematical techniques are used (sparingly) only in footnotes and appendices, which the general reader may avoid. Meade's treatise off ers students and specialists alike a general survey of theory in a form that is assessable even for those with little mathematical training. He takes into account the dynamics of trade, increased demand, and new technology and their impact on growth. Th is book carries the discussion a long way from the harmonious quiet of the abstract model to the untidy, real world.
