Elements of modern economics

By:

Meyers, Albert L

Material type: Text

TextPublication details: Calcutta; The World Press; 1952Edition: 3rd edDescription: 453 pSubject(s):

Economics

DDC classification:

330.1 MEY 3rd ed.

Summary: the main purpose of the present revision is to take more adequate account of the theory of savings and investment and to give the beginner at least a cursory view of the field of macro-economics. Whether we agree fully with the Keynesian theory or not, and regardless of whether we accept the practical measures to meet the problem of unemployment that are offered by Keynes and Hansen and their followers, we cannot afford to ignore the impact upon traditional economic theory which has been made by the theory of savings and investment. In order to make it more understandable, the subject is treated in terms of planned saving and planned investment rather than in the more elegant, if some what more confusing, "propensities" of the original Keynesian theory.

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Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	330.1 MEY 3rd ed. (Browse shelf(Opens below))	Available		10997

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the main purpose of the present revision is to take more adequate account of the theory of savings and investment and to give the beginner at least a cursory view of the field of macro-economics.
Whether we agree fully with the Keynesian theory or not, and regardless of whether we accept the practical measures to meet the problem of unemployment that are offered by Keynes and Hansen and their followers, we cannot afford to ignore the impact upon traditional economic theory which has been made by the theory of savings and investment. In order to make it more understandable, the subject is treated in terms of planned saving and planned investment rather than in the more elegant, if some what more confusing, "propensities" of the original Keynesian theory.

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