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On Time

Name: On Time
Brand: Cambridge University Press
SKU: 9780521462891
Price: 141.1 EUR
Availability: InStock

Lectures on Models of Equilibrium

Автор: Peter A. Diamond

Език:

Корици: С твърди корици

Издател: Cambridge University Press

Наличност: Външен склад

Изпращаме след 9-15 дни

141.10 € 275.96 лв

In these two lectures, first published in 1994, Peter Diamond explores how time is modelled in theor...

Информация за книгата

Автор

Peter A. Diamond

Език

Английски език

Корици

Книга - С твърди корици

Издадена

1994

страници

136

EAN

9780521462891

ISBN

0521462894

Enbook ID

02031833

Издател

Cambridge University Press

Теглоt

312

Размери

152 x 219 x 17

Пълно описание

In these two lectures, first published in 1994, Peter Diamond explores how time is modelled in theoretical analyses of individual industries and of an entire economy. In the first lecture he considers equilibrium in a single market by examining the distinction between the short run and the long run in Marshallian analysis. He proposes an explicit modelling of time in place of Marshall's use of different atemporal models for different time frames. In the second lecture he turns to models of an entire economy, and begins by considering how and why models of an entire economy should differ from models of a single industry. Both cyclical and seasonal data on the behaviour of macro-economies are examined.