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Home > Economics > Economic theory and philosophy > Mathematical Economic Theory: Pure and Mixed Types of Economic Mechanisms(Vol 33 Advanced Textbooks in Economics)
Mathematical Economic Theory: Pure and Mixed Types of Economic Mechanisms(Vol 33 Advanced Textbooks in Economics)

Mathematical Economic Theory: Pure and Mixed Types of Economic Mechanisms(Vol 33 Advanced Textbooks in Economics)


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About the Book

This volume presents an introduction to conventional fields of mathematical economy, particularly those concerned with systems of economic elements. A specific analysis is made of various economic mechanisms, from very straightforward to highly sophisticated, both in static and dynamic functioning of the system. Management of a particular kind of variable ("pure" mechanisms) is discussed. Every mechanism is first described in detail and then the behaviour of a system with this mechanism is analyzed for feasibility of equilibrium and efficiency, both in static and dynamic cases. The first part of the book initially takes up two kinds of situations - price and non-price co-ordination mechanisms. The second part concentrates on the dynamic states of an economic system, in particular a production system. This work should be useful both to those who have just begun their training in mathematical economy, notably undergraduates and postgraduates, and managers of socio-economic systems who are interested in a different view of economic issues and the related mathematical tools.

Table of Contents:
Part 1 Static models of economic interaction: interaction and the economic mechanism; consumption models; exchange models; production models; changing pure outputs in a production systems with fixed prices; closed-loop production systems; closed models of economic systems. Part 2 Dynamic models of economic systems: superlinear images and models of Neumann's type; efective paths in reproduction models; efficient functions; the equilibrium mechanisms of path plotting; dynamic equilibrium with fixed process; estimating the growth of paths; asymptotic behaviour of model M (BF) paths; 1 t; equilibrium mechanism in a two-sectoral model.


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Product Details
  • ISBN-13: 9780444894434
  • Publisher: Elsevier Science & Technology
  • Publisher Imprint: North-Holland Publishing Co
  • Series Title: Vol 33 Advanced Textbooks in Economics
  • ISBN-10: 0444894438
  • Publisher Date: 31 Dec 1994
  • Binding: Hardback
  • Sub Title: Pure and Mixed Types of Economic Mechanisms


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Mathematical Economic Theory: Pure and Mixed Types of Economic Mechanisms(Vol 33 Advanced Textbooks in Economics)
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Mathematical Economic Theory: Pure and Mixed Types of Economic Mechanisms(Vol 33 Advanced Textbooks in Economics)
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