Format:
1 Online-Ressource (351 Seiten)
ISBN:
9783030562045
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Intro -- Preface -- Contents -- 1 The Time for a Grand Economic Theory -- 1.1 The Synergetic Economics Generalizes the Foundations of Economic Analysis -- 1.2 Speed and Time Scale in Synergetic Economics -- 1.2.1 Adam Smith (1723-1790) -- 1.2.2 Ricardo (1772-1823) -- 1.2.3 Malthus (1766-1834) -- 1.2.4 Marx (1818-1883) -- 1.2.5 The Walrasian General Equilibrium Theory -- 1.3 The Time to Integrate Economic Theories -- 1.4 The Structure of the Book -- References -- 2 The Basic Model for the Integration -- 2.1 The Basic Model -- 2.1.1 The Production Sector -- 2.1.2 The Household's Current Income, Disposable Income, and Budget -- 2.1.3 The Utility Function and Optimal Behavior -- 2.2 The Basic Model with the Cobb-Douglas Functions -- 2.3 The Theoretical Foundation of the Utility Function -- 2.4 The Basic Model Generates the Keynesian Consumption Function -- 2.5 The Basic Model Generates the Solow Growth Model with Taste Change -- 2.6 The Basic Model Generates the Ramsey-Cass-Koopmans Model with Preference Change -- References -- 3 An Integration of Walrasian General Equilibrium, Ricardian Distribution, and Neoclassical Growth Theories -- 3.1 Integrating the Walrasian General Equilibrium, Ricardian Distribution and Neoclassical Growth Theories -- 3.1.1 The Production Functions and Marginal Conditions -- 3.1.2 Household Behavior -- 3.1.3 Demand and Supply of the Three Sectors and Full Employment of Factors -- 3.2 Dynamic Behavior of the Economy -- 3.3 Changes in the Preferences and Human Capital Affect the Dynamics -- 3.3.1 Group 1 Augments the Propensity to Save -- 3.3.2 Group 1 Improves the Human Capital -- 3.3.3 Group 3 Increases Propensity to Consume Agricultural Good -- 3.3.4 Group 3's Population Is Increased -- 3.3.5 Group 1's Population Being Increased -- 3.4 Business Cycles Due to Exogenous Shocks in the General Model
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3.4.1 Group 1's Propensity to Save Periodically Oscillates -- 3.4.2 Group 1's Human Capital Periodically Oscillates -- 3.4.3 Group 3's Propensity to Consume Agricultural Good Periodically Oscillates -- 3.4.4 Group 3's Population Periodically Oscillates -- 3.5 On Income Gaps and Real Business Cycle Theory -- Appendix: Dynamics with Multiple Capital and Consumer Goods -- The Capital Goods Sectors -- The Consumer Goods Sectors -- Disposable Income, Utility Function, and Optimal Behavior -- Portfolio Choice -- The Change in Physical Capital -- The Equilibrium Condition for Consumer Goods Sectors -- Full Employment of Input Factors -- The National Wealth Is Owned by the Population -- Find the Differential Equations to Determine the Movement of the Economy -- References -- 4 Education, National Debts, and Development Traps -- 4.1 Growth with Education and Saving -- 4.1.1 The Goods Sector -- 4.1.2 The Household Behavior -- 4.1.3 The Education Sector -- 4.2 The Dynamics and Multiple Equilibrium Points -- 4.3 Unstable Unlimited Growth Versus Poverty Traps -- 4.4 Changes in Policy and Preferences in Stable and Unstable Economies -- 4.4.1 The Education Policy -- 4.4.2 The Impact of the Propensity to Save -- 4.5 Growth by Integrating the Diamond Debt and Uzawa-Lucas Models with Education Subsidies -- 4.5.1 The Labor Force and Factor Input Distribution -- 4.5.2 The Production Sector -- 4.5.3 The Education Sector -- 4.5.4 Accumulation of Human Capital -- 4.5.5 The Disposable Income and Optimal Behavior -- 4.5.6 The Government Expenditure and Tax Income -- 4.5.7 The Dynamics of Government Debt -- 4.5.8 Demand and Supply in Education Market -- 4.6 Short-Run and Long-Run Debts Due to Exogenous Changes -- 4.6.1 A Rise in the Government Subsidy Rate on Education -- 4.6.2 A Rise in the Total Factor Productivity of the Education Sector
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4.6.3 A Rise in the Total Factor Productivity of the Industrial Sector -- 4.6.4 A Rise in the Propensity to Obtain Education -- 4.6.5 A Rise in the Tax Rate on Consumption -- 4.6.6 Stronger Increasing Returns to Scale in Learning from Education -- 4.7 Some Comments on Poverty -- References -- 5 Inequalities with Racial Human Capital Externalities -- 5.1 Racial Human Capital Externalities and National Growth -- 5.1.1 The Two Sectors -- 5.1.2 Consumer Behaviors and Wealth Dynamics -- 5.1.3 Demand and Supply of the Two Sectors -- 5.1.4 Human Capital with Racial Human Capital Externalities -- 5.2 Changes in a Race's Preference and Human Capital -- 5.2.1 Race 1's Human Capital Externality is Strengthened -- 5.2.2 Race 1's Population is Increased -- 5.2.3 Race 1's Propensity to Save is Increased -- 5.3 On Inequality of Income and Wealth -- References -- 6 Growth with Public Knowledge and Private Human Capital -- 6.1 Public Knowledge, Individual Human Capital, and Private Wealth -- 6.1.1 The Total Labor Supply and Behavior of Production Sector -- 6.1.2 The Education Sector -- 6.1.3 Accumulation of Human Capital -- 6.1.4 Knowledge Creation and Government's Research Policy -- 6.1.5 Balance of Demand and Supply and Full Employment of Factors -- 6.2 Growth with Knowledge, Human Capital, and Wealth -- 6.3 The Role of Creativity, Government Policy, and Preference -- 6.3.1 A Rise in the Research Sector's Creativity -- 6.3.2 Group 3's Population Increases -- 6.3.3 Group 1 Applies Human Capital More Effectively -- 6.3.4 A Rise in the Tax Rate on the Production Sector -- 6.3.5 A Rise in the Tax Rate on Group 1's Consumption of Goods -- 6.3.6 A Rise in Group 1's Propensity to Receive Education -- 6.3.7 Group 1 More Effectively Accumulates Human Capital -- 6.4 Some Comments on Innovation with Microeconomic Foundation -- References
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7 Population Dynamics with Endogenous Birth and Mortality Rates -- 7.1 Haavelmo's Growth Model and Chaos with Population -- 7.2 Global Population and Economic Growth with Free Trade -- 7.2.1 The Production Sectors and Marginal Conditions -- 7.2.2 Consumer Behaviors -- 7.2.3 The Birth and Mortality Rates and Population Dynamics -- 7.2.4 Wealth Dynamics -- 7.2.5 Balance Conditions -- 7.3 Global Population with Changes in National Characters -- 7.3.1 Human Capital of Country 1's Woman Being Improved -- 7.3.2 Country 1's Mother Spending More Time on Per Child Fostering -- 7.3.3 A Rise in Country 1's Total Factor Productivity -- 7.3.4 A Rise in Country 1's Propensity to Have Children -- 7.3.5 Country 1's Income having Stronger Impact on the Mortality Rate -- 7.3.6 A Rise in Woman's Propensity to Pursue Leisure Activities -- 7.3.7 Impact of a Rise in Country 1's Propensity to Save -- 7.4 Population, Human Capital, and Physical Capital -- 7.4.1 The Two Sectors and Marginal Conditions -- 7.4.2 Human Capital Dynamics -- 7.4.3 Consumer Behaviors -- 7.4.4 The Birth and Mortality Rates and the Population Dynamics -- 7.4.5 Wealth Dynamics -- 7.5 The Population Affected by Preference and Other Conditions -- 7.5.1 A Rise in the Mortality Rate Parameter -- 7.5.2 A Rise in the Propensity to have Children -- 7.5.3 A Rise in the Propensity to Receive Education -- 7.5.4 The Human Capital Utilization Efficiency is Increased -- 7.5.5 The Mortality Rate Elasticity of Human Capital is Enhanced -- References -- 8 Health, Environment, Resources, and Government -- 8.1 Health, Environment, and Wealth -- 8.1.1 National Labor Supply, Technologies, and Marginal Conditions -- 8.1.2 Modeling of Health Caring -- 8.1.3 Consumer Behaviors -- 8.1.4 Dynamics of Household's Health and Change in Environment -- 8.1.5 Behavior of the Environment Sector
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8.1.6 Equilibrium Conditions for Outputs and Full Employment of Factors -- 8.2 Taxes and Preferences Changes in Health Caring and Leisure -- 8.2.1 The Household Increases the Propensity to Use Health Caring -- 8.2.2 The Household's Efficiency of Applying Health is Increased -- 8.2.3 The Household's Human Capital is Enhanced -- 8.2.4 A Rise in the Environmental Tax on the Capital Good Sector -- 8.2.5 A Rise in the Tax Rate on the Consumption of Health Service -- 8.2.6 A Rise in the Household's Propensity to Use Leisure Time -- 8.2.7 Pollutants Speed Up Health Deterioration -- 8.3 Renewable Resources, Values, and Economic Structure -- 8.3.1 The Industrial Sector -- 8.3.2 The Agricultural Sector -- 8.3.3 Choice Between Physical Wealth and Land -- 8.3.4 Change of Renewable Resources -- 8.3.5 Consumer Behavior -- 8.3.6 Wealth Accumulation -- 8.3.7 Balances of Demand and Supply for Industrial Goods -- 8.3.8 Balances of Demand and Supply for Agricultural Goods and Renewable Resources -- 8.3.9 All the Land Owned by Households -- 8.3.10 Full Employment of Capital -- 8.3.11 The Value of Physical Wealth and Capital -- 8.3.12 Full Employment of Labor Force -- 8.3.13 The Land Market Clearing Condition -- 8.3.14 Land Use for Renewable Resources -- 8.4 Changes in the Population and the Preference -- 8.4.1 A Rise in the Propensity to Consume Resources -- 8.4.2 A Rise in the Propensity to Consume Housing -- 8.4.3 The Propensity to Consume Industrial Goods Being Enhanced -- 8.4.4 A Rise in the Propensity to Consume Agricultural Goods -- 8.4.5 A Rise in the Propensity to Save -- 8.4.6 The Population Being Augmented -- 8.4.7 A Rise in the Output Elasticity of Capital of the Resource Sector -- 8.5 Comments on Dynamic Environment and Health -- References -- 9 Preference Change, Social Status, Habits, and Fashion -- 9.1 Social Status and Inequality in Wealth and Income
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9.1.1 The Production Sectors and Marginal Conditions
Additional Edition:
Erscheint auch als Druck-Ausgabe Zhang, Wei-Bin The General Economic Theory Cham : Springer International Publishing AG,c2020 ISBN 9783030562038
Language:
English
Subjects:
Economics
Keywords:
Wirtschaftstheorie
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