This volume from Jeffrey Sachs and Xiaokai Yang introduces students to development economics within a neoclassical economics context. It is a text and a survey from which the inframarginal analysis of economic development can be systematically learned. Num Pages: 664 pages, 119. BIC Classification: KCM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 253 x 175 x 40. Weight in Grams: 1268. . 2003. 1st Edition. Hardcover. . . . . Books ship from the US and Ireland.

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Detalles bibliogr�ficos

T�tulo: Economic Development and the Division of Labor
Editor: John Wiley and Sons Ltd
Fecha de publicaci�n: 2003
Idioma: Ingl�s
ISBN 10: 0631220038
ISBN 13: 9780631220039
Encuadernaci�n: Encuadernaci�n de tapa dura
Estado: New

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Sinopsis

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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Xiaokai Yang is a Personal Chair Professor in the Department of Economics at Monash University and a Fellow of the Academy of Social Sciences in Australia. His research papers have appeared in The American Economic Review, Journal of Political Economy, Journal of Economics, and other journals. He is the author of Economics: New Classical versus Neoclassical Frameworks (Blackwell, 2000).

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