000 01511cam a22002291 4500
008 711029t1947 maua er 001 0 eng
040 _aDLC
_cODaWU
050 0 0 _aHB171
_b.S26
082 _a330.182
_bSAM
100 1 _aSamuelson, Paul A.
245 1 0 _aFoundations of economic analysis /
260 _aCambridge :
_bHarvard University Press,
_cc1947.
300 _axii, 447 p. :ill,
440 0 _aHarvard economic studies ; vol. 80
504 _aIncludes bibliographical footnotes and index.
520 _aThe book sought to demonstrate a common mathematical structure underlying multiple branches of economics from two basic principles: maximizing behavior of agents (such as of utility by consumers and profits by firms) and stability of equilibrium as to economic systems (such as markets or economies). Among other contributions, it advanced the theory of index numbers and generalized welfare economics. It is especially known for definitively stating and formalizing qualitative and quantitative versions of the "comparative statics" method for calculating how a change in any parameter (say, a change in tax rates) affects an economic system. One of its key insights about comparative statics, called the correspondence principle, states that stability of equilibrium implies testable predictions about how the equilibrium changes when parameters are changed.
590 _arpm 05/07/2017
591 _aLoans
650 0 _aEconomics, Mathematical.
942 _2ddc
_cBOOK
949 _a330.182 SAM
999 _c6156
_d6156