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Economic analysis

By: Material type: TextTextPublication details: London; Hamish Hamilton; 1955Edition: 3rd edDescription: 280 pSubject(s): DDC classification:
  • 330 BOU
Summary: It is hoped, therefore, that the present edition represents an improvement in the balance of the work. Macroeconomics now takes a firmly equal place with microeconomics. There is more attention to problems of dynamics and growth. Marginal analysis has been moved in the direction of greater generality. Economics, however, does not stand still, and especially in the area of the theory of the individual organization, where the most rapid progress is observable at the pres ent time, it is difficult to know how much of current advances should be incorporated in a work of this kind.
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It is hoped, therefore, that the present edition represents an improvement in the balance of the work. Macroeconomics now takes a firmly equal place with microeconomics. There is more attention to problems of dynamics and growth. Marginal analysis has been moved in the direction of greater generality. Economics, however, does not stand still, and especially in the area of the theory of the individual organization, where the most rapid progress is observable at the pres ent time, it is difficult to know how much of current advances should be incorporated in a work of this kind.

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