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Methods of Dynamic Economics

By: J. R. Hicks

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Paperback | 8 October 1987

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Paperback
184 Pages

Dimensions(cm)
21.7 x 14.2 x 1.8

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Capital and Growth was published in 1965, and rapidly established itself as a landmark in economic theory. In this volume, Sir John takes his earlier work and examines it critically for its present-day value. The result is a substantially reworked book based on the first and best part of his 1965 publication. The theme, now more clearly identified, is a comparative study of the economics of change, and brings in many of Hicks's subsequent developments and refinements - in particular a 'neo-Austrian' theory of capital which he developed in Capital and Time(1973). A new chapter on Keynes's methods has been added. The sum is a more complete classification of the family of models appropriate for analysing dynamic economics.

Industry Reviews

"this book provides both a useful reader's guide to Hicksian dynamics, and a critique of modern developments based on the dynamic methods of Capital and Growth". Economic Journal

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