Econodynamics

1. Front Matter

   Pages I-XII

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2. Introduction: Concept of Value and Production Factors

   • Vladimir N. Pokrovskii

   Pages 1-18

3. Empirical Foundation of Input–Output Model

   • Vladimir N. Pokrovskii

   Pages 19-50

4. Monetary Side of Social Production

   • Vladimir N. Pokrovskii

   Pages 51-69

5. Many-Sector Model of Production System

   • Vladimir N. Pokrovskii

   Pages 71-86

6. Production Factors and Technology

   • Vladimir N. Pokrovskii

   Pages 87-99

7. Production of Value

   • Vladimir N. Pokrovskii

   Pages 101-115

8. Application to the U.S. Economy

   • Vladimir N. Pokrovskii

   Pages 117-137

9. Dynamics of Production in Many-Sector Approach

   • Vladimir N. Pokrovskii

   Pages 139-151

10. Mechanism of Social Estimation of Value

    • Vladimir N. Pokrovskii

    Pages 153-168

11. Value from a Physicist’s Point of View

    • Vladimir N. Pokrovskii

    Pages 169-185

12. Back Matter

    Pages 187-197

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In this book the theory of social production is systematically formulated in terms and concepts of classical political economy and neo-classical economics. In this way the subject becomes accessible not only to professional researchers in areas of the theory of production and economic growth, but also to the educated reader who is curious about the principles behind the functioning of a national economy. The book can be considered as an introduction for students with a background in physics, chemistry and engineering, who wish to specialize in economics. It is explained how the growth of production is connected with achievements in technological consumption of labour and energy. The theory allows one to analyse the past and the present of the social production system and to build scripts of the future progress. The book could be interesting for energy specialists who are engaged in planning and analysing production and consumption of energy carriers and determining energy policy, and for economists who want to know how energy and technology are affecting economic growth.

• Economic theory for physicists
• Social labour and production systems
• Social production
• Theory of economic growth
• Theory of production for physicists
• Thermodynamic principles applied to economics
• Wealth creation
• data-driven science, modeling and theory building

• , Institute of Chemical Physics, Russian Academy of Science, Moscow, Russian Federation

  Vladimir N. Pokrovskii

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