{"product_id":"9780631220039","title":"Economic Development and the Division of Labor","description":"\u003ch1\u003eEconomic Development and the Division of Labor\u003c\/h1\u003e\u003ch3\u003eXiaokai Yang | Jeffrey D. Sachs\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Development \/ Economic Development\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003eThis innovative new text from Jeffrey Sachs and Xiokai Yang introduces students to development economics from the perspectives of inframarginal analysis and marginal analysis. The book demonstrates how the new-found emphasis on inframarginal analysis has influenced a shift back to an interest in Classical Economics from Neoclassical Economics. \u003cbr\u003e \u003cul\u003e \u003cli style=\"list-style: none\"\u003e\n\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eInframarginal Analysis vs. Marginal Analysis is presented as a consistent theoretical framework throughout.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eShows how the relationship of Inframarginal Analysis to Marginal Analysis has influenced the shift back to an interest in Classical Economics from Neoclassical Economics with regard to economic development.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eAllows economists to reduce their overall reliance on marginal analysis, which may be less relevant to development economics than it is to the economics of development countries.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eBrings considerable analytic machinery to bear on important problems.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eA focus on institutions and transaction costs that is very relevant to development economics.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eOffers a thorough analysis of trade (CHs. 3 - 7) and macroeconomics (CHs. 16 - 19), both of which are not dealth with in depth by comparable textbooks.\u003c\/li\u003e \u003c\/ul\u003e\n\u003c\/div\u003e\u003cdiv\u003e \u003cb\u003eXiaokai Yang\u003c\/b\u003e is a Personal Chair Professor in the Department of Economics at Monash University and a Fellow of the Academy of Social Sciences in Australia. His research papers have appeared in \u003ci\u003eThe American Economic Review\u003c\/i\u003e, \u003ci\u003eJournal of Political Economy\u003c\/i\u003e, \u003ci\u003eJournal of Economics\u003c\/i\u003e, and other journals. He is the author of \u003ci\u003eEconomics: New Classical versus Neoclassical Frameworks\u003c\/i\u003e (Blackwell, 2000).\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e06 May 2003\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley-Blackwell\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9780631220039\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e660\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e44.48\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44380567666828,"sku":"9780631220039","price":179.96,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780631220039_8cef44ae-a8af-45e4-a889-c65a39761607.jpg?v=1780100573","url":"https:\/\/lateknightbooks.com\/products\/9780631220039","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}