The Microeconomic Growth

Business & Finance, Economics, Microeconomics, Theory of Economics
Cover of the book The Microeconomic Growth by Meng Liang, Springer Berlin Heidelberg
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Author: Meng Liang ISBN: 9783642393808
Publisher: Springer Berlin Heidelberg Publication: October 18, 2013
Imprint: Springer Language: English
Author: Meng Liang
ISBN: 9783642393808
Publisher: Springer Berlin Heidelberg
Publication: October 18, 2013
Imprint: Springer
Language: English

This book primarily discusses what could make the economy remain stable and increase the level of coordination, both on the demand and supply side, a fascinating question for economists. In this context, it systematically analyzes the theory of consumption and production growth. Most of the existing economic growth theories fail to analyze consumption growth. That oversight is remedied here, greatly enhancing the usefulness of economic growth theory. Factors influencing consumption and production at the micro scale provide the foundations of the analyzing frame. An economic system with endogenous technological progress can most likely only be rapidly coordinated under market conditions similar to those in a monopoly competition market. Over the course of the work, readers will discover that there is another way of viewing the economic world which is different from regular textbooks.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book primarily discusses what could make the economy remain stable and increase the level of coordination, both on the demand and supply side, a fascinating question for economists. In this context, it systematically analyzes the theory of consumption and production growth. Most of the existing economic growth theories fail to analyze consumption growth. That oversight is remedied here, greatly enhancing the usefulness of economic growth theory. Factors influencing consumption and production at the micro scale provide the foundations of the analyzing frame. An economic system with endogenous technological progress can most likely only be rapidly coordinated under market conditions similar to those in a monopoly competition market. Over the course of the work, readers will discover that there is another way of viewing the economic world which is different from regular textbooks.

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