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Economic Development and the Division
Contributor(s): Yang (Author), Sachs (Author)
ISBN: 0631220046     ISBN-13: 9780631220046
Publisher: John Wiley & Sons
OUR PRICE:   $122.50  
Product Type: Paperback - Other Formats
Published: May 2003
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Development - Economic Development
- Political Science | Labor & Industrial Relations
- Social Science | Gender Studies
Dewey: 338.9
LCCN: 2001018137
Physical Information: 1.33" H x 6.69" W x 9.61" (2.29 lbs) 664 pages
 
Descriptions, Reviews, Etc.
Publisher 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.