Routledge Dictionary of Economics Second edition phần 6 doc

... League of Nations (1940–7), as professor of com- merce at the London School of Economics (1947–57) and at Cambridge as professor of political economy (1957 67 ). He was awarded the NOBEL PRIZE FOR ECONOMICS ... are matters of pricing, distribution, investment, WELFARE ECONOMICS, demand and supply. The school of NEOCLASSICAL ECONOMICS was to emphasize the microeco- nomic cha...

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... Department of Labor, he was assistant professor of economics at Yale University (1954 62 ) before becoming Professor of the Economics of Education at the University of London Institute of Education; ... Gustav, 1 866 –1945 (B3) After studying mathematics at Uppsala University, Sweden, he became a professor of economics at Stockholm University in 1902. He was a founder of...

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... was Professor of Economics at the School of Oriental and African Studies, University of London, from 1 964 to 1979. Her most famous contribution to economics is her theory of the growth of the ... inflation. Seealso:inflationarygap output–inflation trade off (E3) see Phillips curve outside lag (E6) The time between the implementation of an economic policy and the realization...

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... rates of return of HUMAN CAPITAL and of major public investments are often calculated. An alternative measure is the INTERNAL RATE OF RETURN which takes into account the timing of earnings. rate of ... MILL disputed aspects of it. Say’s supply and demand analysis, incorporating the con- cepts of UTILITY and SCARCITY, make him one of the forerunners of NEOCLASSICAL ECONOMI...

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... less of another. Trade-offs occur in many parts of both microeconomics and macroeconomics, e.g. the trade-off be- tween work and leisure, between consump- tion of one good and of another of a consumer ... intendant of Limoges, from 1 761 to 1774, and Contro1eur General of France, from 1774 to 17 76. His celebrated Re ´ flexions sur la Formation et la Distribution des Richesses (...

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... Development © 2002 Donald Rutherford Routledge Dictionary of Economics Second edition The most informative dictionary of economics available, the Routledge Dictionary of Economics avoids the tendency ... Rutherford Routledge Dictionary of Economics Second edition Donald Rutherford London and New York © 2002 Donald Rutherford intheChinesecurrency,therenmin...

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... Rutherford (1995)Theeconomicsoforganisedcrime, Cambridge,NewYorkandMelbourne: CambridgeUniversityPress. economicsofinformation(D8) Abranchofeconomicsthatrecognizesthe imperfectionofinformation,thecostsof obtainingitanditsasymmetriccharacter becauseoftheactionsoffirmsandin- dividuals.Thesourcesofinformation, includingthatwhichisspontaneously generatedbythemarket,areconsidered. Informationecono...

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... Rutherford extendedequilibrium(D5) Anexpansionoftheconceptof GENERAL EQUILIBRIUM toincludethenaturalenviron- ment. extendedfundfacility(F3) Atypeof INTERNATIONALMONETARYFUND loanintroducedin1974whichisgranted toacountrywhichagreestoaneconomic adjustmentprogrammeoverathree-year period.Repaymentbeginsfourandahalf yearsaftertheloanisgrantedandis extendedoverasix-yearperiod.Thefacil- itywasusedto...

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... from 1 966 to 1970. He served as Special Adviser to the UK Chancellor of the Exchequer in 1 964 –8 and 1974 6. His clear disapproval of the policies of THATCHERISM was evident in his The Scourge of ... themselves. References Hicks, J.R. (1939) ‘Foundations of welfare economics , Economic Journal 49: 69 6– 712. Kaldor, N. (1939) ‘Welfare propositions of economics and interperso...

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... same level of output, neither expanding nor contracting as any spending of entre- preneurs’ profits leads to an equal creation of other profits elsewhere in the economy. 2 The money-creating process of ... Apart from a time as assistant professor at Berkeley, University of California, in 1 963 –5, he has been a professor at the University of Pennsylva- nia from 1 965 . His work on...

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