Central Bank of Nigeria Library

The theory of quantitative economic policy with applications to economic growth and stabilization /

Fox, Karl A.,

The theory of quantitative economic policy with applications to economic growth and stabilization / - Amsterdam, Chicago, USA, North-Holland Pub. Co.; Rand McNally & company, [1966]. - xxi, 514p. - Studies in Mathematical and Managerial Economics vol.5 .

Original ed. published in 1966 under title: The theory of quantitative economic policy with applications to economic growth and stabilization.

Includes bibliographical references.

This book treats the theory of quantitative economic policy and its application to concrete policy problems dealing with economic development and stabilization. It synthesizes the major technical contributions to the theory of quantitative economic policy and shows how linear and dynamic programming under certainty and uncertainty, control theory and other methods can be brought to bear in the determination of an optimum economic policy. The application of new and technically advanced statistical, mathematical and econometric tools and techniques is illustrated with respect to a number of different policy problems and settings. Policy models are presented and analysed in the following areas: economic growth and development planning, economic stabilization in developed mixed economies, and regional and sectoral planning in both developing and developed countries. The book evolved out of a graduate course in the theory of economic policy. It is intended to be used in such a course and it can also be used profitably as a supplementary source in graduate courses in macroeconomics, economic development, theory of economic policy and econometrics.


Economic policy
Economic growth and stabilization
Quantitative economic

HD82 / .F65 1973

338.9'001 / FOX