Economics Development and the Division of Labor
Language: English
Published by Wiley-Blackwell, 2003
- Hardcover
- New

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- Title
- Economics Development and the Division of Labor
- Author
- Yang, Xiaokai; Sachs, Jeffrey (INT); Sachs, Jeffrey
- Publisher
- Wiley-Blackwell
- Publication year
- 2003
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0631220038
- ISBN 13
- 9780631220039
-
- 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.
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