Economic Dynamics

Roy Harrod brings his thoughts to bear on dynamic economics, a subject, he argues, that has been neglected for much of the 20th century due to the attention focused on perfecting the principles of economic statics. His work is concerned with macro-dynamics (capital output ratio and so on).

Contents:

• The Need for a Dynamic Economics
• Fundamental Equations
• Instability Principle
• Capital Output Ratio
• Interest
• Inflation
• Problems and Conflicts
• Foreign Trade
• International Capital Movements
• General Survey

Economic Dynamics By Roy Harrod pdf