Abstract
In Chapter 1 we defined the four main problems with which this book deals as being to explain
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(i)
what determines the level of output in any period;
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(ii)
what determines the rate at which ‘output’ grows between any two periods;
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(iii)
what determines the general level of prices in any period;
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(iv)
what determines its rate and direction of change between any two periods.
We have thus selected particular aspects of the economic system for intensive study. How are we to set about analysing these problems?
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Suggested Reading
J. Robinson, Economic Philosophy (Pelican, 1962) ch. i.
F. Zeuthen, Economic Theory and Method (Longmans, 1955) chs. I–v.
R. G. Lipsey, An Introduction to Positive Economics, 2nd ed. (Weidenfeld & Nicolson, 1967) introduction and ch. i.
M. Friedman,†Essays in Positive Economics (Chicago, 1953) ch. i.
T. W. Hutchinson,†The Significance and Basic Postulates of Economic Theory (Macmillan, 1938).
A. R. Louch,†Explanation and Human Action (Oxford, 1966) chs. iv, v.
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© 1974 D. C. Rowan
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Rowan, D.C. (1974). The Process of Economic Analysis. In: Output, Inflation and Growth. Palgrave, London. https://doi.org/10.1007/978-1-349-86173-6_2
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DOI: https://doi.org/10.1007/978-1-349-86173-6_2
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-16629-1
Online ISBN: 978-1-349-86173-6
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