The Need for a Dynamic Economics

Roy Harrod

Chapter 1 in Economic Dynamics, 1973, pp 1-15 from Palgrave Macmillan

Abstract: Abstract It seems appropriate to take over from mechanics the dichotomy of statics and dynamics. The word statics has already been familiarly used with reference to one part of economics; dynamics less so.1 It is often used in a way that does not correspond to the dichotomy of mechanics.

Keywords: Marginal Utility; Money Supply; Dynamic Theory; Demand Curve; Capital Good (search for similar items in EconPapers)
Date: 1973
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DOI: 10.1007/978-1-349-01696-9_1

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