Equilibrium, Expectations and Information. A Study of the General Theory and Modern Classical Economics.

TORR, Christopher:

ISBN 10: 0745602347 / ISBN 13: 9780745602349

Edité par Cambridge (UK): Polity Press, 1988., 1988

A propos de cet article

x, 150 pp. Original cloth. Near Fine, in near fine dust jacket.

N° de réf. du vendeur 17568

Détails bibliographiques

• Titre: Equilibrium, Expectations and Information. A Study of the General Theory and Modern Classical Economics.
• Éditeur: Cambridge (UK): Polity Press, 1988.
• Date de parution: 1988
• Langue: anglais
• ISBN à 10 chiffres: 0745602347
• ISBN à 13 chiffres: 9780745602349
• Reliure: Hardcover
• Édition: 1st Edition
• État de l'article: Fine
• État de la jaquette: Fine

A propos de ce titre

Synopsis

This wide-ranging survey covers Keynes' analysis, the neoclassical synthesis interpretation and modern general equilibrium theory, the "fixed price" model literature, the rational expectations school and the Neo-Ricardians. Connections are made with Keynesian concerns throughout, but the author also attempts to characterize the approaches of the last two groups in general terms. In particular, the author focuses on the distinction between convergent and divergent expectations, and between what Keynes called a co-operative economy and an entrepreneur economy. This work should interest second and third-year undergraduates, graduate students and professional economists.