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Capital Theory and Dynamics

Capital Theory and Dynamics

Edwin Burmeister
4/5 ( ratings)
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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.
Language
English
Pages
344
Format
Paperback
Publisher
Cambridge University Press
Release
November 28, 1980
ISBN
0521297036
ISBN 13
9780521297035

Capital Theory and Dynamics

Edwin Burmeister
4/5 ( ratings)
Read Download
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.
Language
English
Pages
344
Format
Paperback
Publisher
Cambridge University Press
Release
November 28, 1980
ISBN
0521297036
ISBN 13
9780521297035

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