On Time: Lectures on Models of Equilibrium - Couverture rigide

Diamond, Peter A.

 
9780521462891: On Time: Lectures on Models of Equilibrium

Synopsis

In these two lectures Peter Diamond explores how time is modelled in theoretical analyses of individual industries and of an entire economy.

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Présentation de l'éditeur

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.

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Autres éditions populaires du même titre

9780521119764: On Time: Lectures on Models of Equilibrium

Edition présentée

ISBN 10 :  0521119766 ISBN 13 :  9780521119764
Editeur : Cambridge University Press, 2009
Couverture souple