Lecture Notes in Economics and Mathematical Systems

A Theory of Interregional Dynamics

Models of Capital, Knowledge and Economic Structures

Authors: Zhang, Wei-Bin

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Over more than two centuries the development of economic theory has created a wide array of different theories, concepts and results. Nevertheless, there is no general theory, which mrifies these varied theories into a comprehensive one. Economics has been split between partial and conflicting representations of the functioning of market economies. We have a collection of separate theories such as the Marxian economics, the Keynesian economics, the general equilibrium theory, and the neoclassical growth theory. These diverse economic theories have co-existed but not in a structured relationship with each other. Economic students are trained to understand economic phenomena by severally incompatible theories one by one in the same course. Since the end of Second Wodd War many crises in economic theory have been announced. The economist experienced the crisis of the general equilibrium economics, the crisis of the neoclassical growth economics, the crisis of the Keynesian economics, not to mention the crises of the Marxian economics. It is quite reasonable to expect the loss of confidence in theoretical economics even among professional economists after so many crises in a very short period of time. But a crisis offers new opportmrities for change, either for better or for worse. The past crises in theoretical economics may be perceived as a historical opportmrity to construct a general economic theory by which the traditional theories are integrated into a higher whole.

Table of contents (13 chapters)

Table of contents (13 chapters)

Buy this book

eBook $79.99
price for USA in USD
  • ISBN 978-3-642-18148-1
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • Immediate eBook download after purchase and usable on all devices
  • Bulk discounts available
Softcover $99.99
price for USA in USD
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Bibliographic Information

Bibliographic Information
Book Title
A Theory of Interregional Dynamics
Book Subtitle
Models of Capital, Knowledge and Economic Structures
Authors
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
523
Copyright
2003
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-18148-1
DOI
10.1007/978-3-642-18148-1
Softcover ISBN
978-3-540-44306-3
Series ISSN
0075-8442
Edition Number
1
Number of Pages
XII, 232
Number of Illustrations
18 b/w illustrations
Topics