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Type of bind: Hardcover
Dewey Decimal Number: 338.9
EAN num: 9780631220039
ISBN number: 0631220038
Label: Wiley-Blackwell
Manufacturer: Wiley-Blackwell
Quantity: 1
Page Count: 664
Printing Date: May 06, 2003
Publishing house: Wiley-Blackwell
Sale Popularity Level: 1865758
Studio: Wiley-Blackwell
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Editor's Notes and Comments:
Product Description:
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.
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