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Inframarginal economics

Author: Xiaokai Yang; Wai-Man Liu
Publisher: Singapore ; Hackensack, NJ : World Scientific Pub., Co., ©2009.
Series: Increasing returns and inframarginal economics, v. 4.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This research monograph provides systematic and comprehensive materials for applying inframarginal analysis to study a wide range of economic phenomena. The analysis is based on a new overarching framework to resurrect the classical notion of division of labor and specialization, which is an essential source of increasing a nation's wealth. The framework absorbs many classical and neo-classical insights in a general  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Yang, Xiaokai.
Inframarginal economics.
Singapore ; Hackensack, NJ : World Scientific Publishing, Co., ©2009
(OCoLC)149382532
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Xiaokai Yang; Wai-Man Liu
ISBN: 9789812837929 9812837922
OCLC Number: 607573294
Description: 1 online resource (xx, 904 pages) : illustrations.
Contents: Preface; Contents; Chapter 1: Introduction; PART I: BASIC MODELS IN INFRAMARGINAL ECONOMICS; PART II: THE INSTITUTION OF THE FIRM AND PRICING THROUGH BARGAINING AND CONTRACTING; PART III: INFRAMARGINAL ANALYSIS OF TRADE AND GLOBALIZATION; PART IV: URBANIZATION, POPULATION, AND THE TRADE OFF BETWEEN WORKING AND LEISURE; PART V: HIERARCHICAL STRUCTURE OF DIVISION OF LABOR; PART VI: INFRAMARGINAL ANALYSIS OF ECONOMIC DEVELOPMENT AND GROWTH; PART VII: MACROECONOMIC PHENOMENA AND ENDOGENOUS SIZE OF NETWORK OF DIVISION OF LABOR.
Series Title: Increasing returns and inframarginal economics, v. 4.
Responsibility: Xiaokai Yang, Wai-Man Liu.

Abstract:

This research monograph provides systematic and comprehensive materials for applying inframarginal analysis to study a wide range of economic phenomena. The analysis is based on a new overarching framework to resurrect the classical notion of division of labor and specialization, which is an essential source of increasing a nation's wealth. The framework absorbs many classical and neo-classical insights in a general equilibrium analysis and explains many micro- and macro-phenomena. Many areas of the discipline that have been customarily treated as separate branches can now be analyzed systemat.

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