1.

Record Nr.

UNINA9910298538803321

Autore

Liang Meng

Titolo

The Microeconomic Growth / / by Meng Liang

Pubbl/distr/stampa

Berlin, Heidelberg : , : Springer Berlin Heidelberg : , : Imprint : Springer, , 2014

ISBN

3-642-39380-2

Edizione

[1st ed. 2014.]

Descrizione fisica

1 online resource (159 p.)

Disciplina

330

330.1

338.5

Soggetti

Microeconomics

Economics

Economic Theory/Quantitative Economics/Mathematical Methods

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Key Factors of Economic Growth -- Commodity, Utility Density, Quality and Labor -- Consumption and the Growth of Consumption -- Organization—protection and restriction -- Production Theory- Individuals and Manufacturers -- Analyze of Economic Growth.

Sommario/riassunto

This book primarily discusses what could make the economy remain stable and increase the level of coordination, both on the demand and supply side, a fascinating question for economists. In this context, it systematically analyzes the theory of consumption and production growth. Most of the existing economic growth theories fail to analyze consumption growth. That oversight is remedied here, greatly enhancing the usefulness of economic growth theory. Factors influencing consumption and production at the micro scale provide the foundations of the analyzing frame. An economic system with endogenous technological progress can most likely only be rapidly coordinated under market conditions similar to those in a monopoly competition market. Over the course of the work, readers will discover that there is another way of viewing the economic world which is different from regular textbooks.