The Theory of Aggregate Investment in Closed Economic Systems

By:

Kofi Kissi Dompere

Format:

Hardback

Show Hide Adult Content

$289.00

Available from supplier

Usually ships in 3-4 weeks

0 in Trolley

Price Match

Wrap this item as a gift ($5.90) - add a free gift card on the next page

Free Delivery with Primate

Join Now

Free 14 day free trial, cancel anytime.

Buy Now, Pay Later with:

4 payments of $72.25 with Afterpay Learn more

6 weekly interest-free payments of $48.17 with Laybuy Learn more

Availability

Delivering to:

Estimated arrival:

Around 7-19 June using International Courier

Description

Although economic theory has increased our understanding of some economic problems, it has rendered others, including the problem of capital accumulation, growth, and development, more difficult to understand. Focusing on capitalist economic systems, this book develops a theoretical approach to the study of aggregate capital dynamics. The theory is developed within the Keynesian framework of aggregate thinking and builds on the work of such Cambridge economists as Robinson, Kaldor, and Pasinetti. The approach helps to resolve some theoretical difficulties within the Keynesian framework for studying aggregate investment behavior. Dompere also provides a criticism of the neoclassical investment theory and the general neoclassical theoretical framework for studying aggregate capital accumulation, investment, and growth. Reexamining some questions on investment that earlier theorists have tried to answer, this study develops some of the basic ideas of Keynes, Robinson, Kaldor, and Pasinetti into a general theoretical system that allows an optimal aggregate capital and investment to be determined for a given information set.

Author Biography:

KOFI KISSI DOMPERE is associate professor of economics at Howard University. He is coauthor of Epistemics of Development Economics (Greenwood, 1995), and author of a companion to the present volume, The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems (Greenwood, 1999). Additionally, Dompere has published a number of researched essays on the effects of technological progress on factor demand, inventory accumulation and prices. He has also authored a number of complementary essays on the theory of fuzzy decisions and cost-benefit analysis.

Release date NZ

November 30th, 1999

Author

Kofi Kissi Dompere

Audiences

Postgraduate, Research & Scholarly
Professional & Vocational
Undergraduate

Pages

224

Dimensions

152x229x15

ISBN-13

9780313307966

Product ID

5679569

Customer reviews

Nobody has reviewed this product yet. You could be the first!

Write a Review

Marketplace listings

There are no Marketplace listings available for this product currently.
Already own it? Create a free listing and pay just 9% commission when it sells!

Sell Yours Here