Economic Development and the Division of LaborISBN: 978-0-631-22003-9
Hardcover
664 pages
April 2003, Wiley-Blackwell
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Other Available Formats: Paperback
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- 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.