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Recent Developments in Applied Demand Analysis
Selvanathan, E. Antony; Clements, Kenneth W.
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Description for Recent Developments in Applied Demand Analysis
Paperback. Num Pages: 396 pages, biography. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 230 x 159 x 23. Weight in Grams: 606.
The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Second, the pattern of consumption contains a wealth of useful information regarding economic welfare and living standards. Closely allied to this is that as consumption (both current and future) is the ultimate objective of all economic activity and economic systems (mercantilists notwithstanding), in a fundamental sense consumption patterns are an ... Read more
The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Second, the pattern of consumption contains a wealth of useful information regarding economic welfare and living standards. Closely allied to this is that as consumption (both current and future) is the ultimate objective of all economic activity and economic systems (mercantilists notwithstanding), in a fundamental sense consumption patterns are an ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
396
Condition
New
Number of Pages
396
Place of Publication
Berlin, Germany
ISBN
9783642852077
SKU
V9783642852077
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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