{"product_id":"9783642775949","title":"Foundations of Economic Development","description":"\u003ch1\u003eFoundations of Economic Development\u003c\/h1\u003e \u003ch2\u003eAulin, Arvid\u003c\/h2\u003e \u003cp\u003eDYNAMIC ECONOMICS with increasing returns is extended to\ncope with economic growth, the business cycles and the\nirregular swings in the long-term       development as different\naspects of the same dynamical system, the economic system\n\"as a whole\".\nHUMAN CAPITAL emerges as the seminal concept:      economic\ngrowth is in this dynamics causally reduced to the growth          of\nhuman capital and thus to the growth of exact scientific\nknowledge.  An analysis of this knowledge shows that quality\neducation in hard sciences must be a prime target of future\neconomic policies.\nA CAUSAL STRUCTURE, new in economics, underlies the extended\ndynamics. To enable students to    study and to improve it, a\ndetailled introduction to nonlinear causality is given,\nemphasizing the points relevant to this causal                       structure.\nNATIONAL ACCOUNTING and input-output dynamics are                suggested\nto be extended to include also the production prices              and\nproduction of human capital and of human time, by using a\nmethod of calculation indicated in detail in the book.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2011-12-16\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783642775949\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-642-77592-5\u003c\/p\u003e \u003cp\u003eDimensions: 242cm x170cm\u003c\/p\u003e \u003cp\u003ePages: 372\u003c\/p\u003e ","brand":"Springer Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":44398847950988,"sku":"9783642775949","price":49.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783642775949.jpg?v=1771531714","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783642775949","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}