A contribution to the theory of the trade cycle /
Material type:
TextPublication details: Oxford : Clarendon Press, c1950.Description: vii, 201 p. :illSubject(s): DDC classification: - 338.54 HIC
- HB3711 .H48
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
Monograph & others
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CBN HQ Library General Stacks | Non-fiction | 338.54 HIC (Browse shelf(Opens below)) | Available | 31008100135918 |
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Includes index.
This book presents an economic model that shows a cyclical movement in output. Consumption in each period is a function of the level of income in some earlier period (or periods). Investment consists of autonomous investment, which is independent of output, and of induced investment, which is a function of the increase in output in some earlier period (or periods).
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