Central Bank of Nigeria Library

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A contribution to the theory of the trade cycle /

By: Material type: TextTextPublication details: Oxford : Clarendon Press, c1950.Description: vii, 201 p. :illSubject(s): DDC classification:
  • 338.54 HIC
LOC classification:
  • HB3711 .H48
Summary: 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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Holdings
Item type Current library Collection Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 338.54 HIC (Browse shelf(Opens below)) Available 31008100135918

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).

lje 03/10/2018

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