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Value and capital
Book • 1939
Hicks's 'Value and Capital' provides a comprehensive analysis of general equilibrium theory and its applications to various economic phenomena.
It explores the interconnectedness of markets and the conditions under which they reach equilibrium.
Hicks introduces mathematical tools and concepts that enhance the understanding of economic behavior and resource allocation.
The book also examines the dynamics of capital accumulation and the role of expectations in economic decision-making.
Its rigorous and systematic approach has made it a foundational text for advanced study in economics.
'Value and Capital' remains influential for its insights into the complexities of market interactions and its contributions to welfare economics.
It explores the interconnectedness of markets and the conditions under which they reach equilibrium.
Hicks introduces mathematical tools and concepts that enhance the understanding of economic behavior and resource allocation.
The book also examines the dynamics of capital accumulation and the role of expectations in economic decision-making.
Its rigorous and systematic approach has made it a foundational text for advanced study in economics.
'Value and Capital' remains influential for its insights into the complexities of market interactions and its contributions to welfare economics.
Mentioned by
Mentioned in 1 episodes
Mentioned when referring to Hicks' statement about Keynes.
Roger Farmer Gives a Tour of Macroeconomics
