Macrofoundation—Algebra

Nobuo Okishio

Chapter 8 in Macrofoundations of Political Economy and Development, 2007, pp 69-77 from Palgrave Macmillan

Abstract: Abstract Many people usually divide curriculum of theoretical Economics into Micro Economics and Macro Economics. Micro Economics covers choice theories of individual households and firms and General Equilibrium Theory. Macro Economics covers Keynes’ Theory and neo-Classical Theory in aggregate terms.

Keywords: Maximum Principle; Real Wage; Social Economy; Economic Unit; Capitalist Class (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60431-5_8

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DOI: 10.1057/9780230604315_8

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