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Human psychology and economic fluctuation : a new basic theory of human economics / Hideaki Tamura.

By: Material type: TextTextPublisher: New York : Palgrave Macmillan, 2006Description: xvii, 175p. : ill. ; 22 cmISBN:
  • 0230004822 (cloth)
Subject(s): DDC classification:
  • 330.01/9 22
LOC classification:
  • HB201 .T332 2006
Online resources:
Contents:
Ch. 1. The human income-expenditure balance -- Ch. 2. Fundamentals of the theory of diminishing utility -- Ch. 3. Analysis of a non-monetary economy -- Ch. 4. Extension to analysis of a monetary economy -- Ch. 5. Human psychology and economic fluctuation -- Ch. 6. The effectiveness of aggregate demand management policy -- Ch. 7. Dynamic analysis of demand psychology and policy implications -- Ch. 8. A summary of our theoretical framework.
Review: "The human factor has received scant attention in modern economics. This volume redresses the balance by incorporating the psychology of human desire into economic analysis. This book constructs a new model of economic circulation based on a new, flow-like concept of utility: diminishing utility. This concept is an expression of the inevitable decline in the level of utility that follows after consumption. By using this concept, the study analyzes the direct relationship between human psychology and economic fluctuation."--BOOK JACKET.
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Includes bibliographical references and index.

Ch. 1. The human income-expenditure balance -- Ch. 2. Fundamentals of the theory of diminishing utility -- Ch. 3. Analysis of a non-monetary economy -- Ch. 4. Extension to analysis of a monetary economy -- Ch. 5. Human psychology and economic fluctuation -- Ch. 6. The effectiveness of aggregate demand management policy -- Ch. 7. Dynamic analysis of demand psychology and policy implications -- Ch. 8. A summary of our theoretical framework.

"The human factor has received scant attention in modern economics. This volume redresses the balance by incorporating the psychology of human desire into economic analysis. This book constructs a new model of economic circulation based on a new, flow-like concept of utility: diminishing utility. This concept is an expression of the inevitable decline in the level of utility that follows after consumption. By using this concept, the study analyzes the direct relationship between human psychology and economic fluctuation."--BOOK JACKET.

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