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Economic Development and the Division of Labor at Meripustak

Economic Development and the Division of Labor

Books from same Author: X Yang

Books from same Publisher: John Wiley and Sons Ltd

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    • General Information  
    Author(s)X Yang
    PublisherJohn Wiley and Sons Ltd
    ISBN9780631220046
    Pages664
    BindingSoftcover
    LanguageEnglish
    Publish YearMay 2003

    Description

    John Wiley and Sons Ltd Economic Development and the Division of Labor by X Yang

    This innovative new text from Jeffrey Sachs and Xiokai Yang introduces students to development economics from the perspectives of inframarginal analysis and marginal analysis. The book demonstrates how the new-found emphasis on inframarginal analysis has influenced a shift back to an interest in Classical Economics from Neoclassical Economics. * Inframarginal Analysis vs. Marginal Analysis is presented as a consistent theoretical framework throughout. * Shows how the relationship of Inframarginal Analysis to Marginal Analysis has influenced the shift back to an interest in Classical Economics from Neoclassical Economics with regard to economic development. * Allows economists to reduce their overall reliance on marginal analysis, which may be less relevant to development economics than it is to the economics of development countries. * Brings considerable analytic machinery to bear on important problems. * A focus on institutions and transaction costs that is very relevant to development economics. * Offers a thorough analysis of trade (CHs. 3 - 7) and macroeconomics (CHs. 16 - 19), both of which are not dealth with in depth by comparable textbooks.show more