English, Article edition: BROAD APPROACH OF GENERAL ECONOMIC EQUILIBRIUM Radim VALENČÍK

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/197889
Physical Description
  • article
Language
  • English

Edition details

Title
  • BROAD APPROACH OF GENERAL ECONOMIC EQUILIBRIUM
Author
  • Radim VALENČÍK
Physical Description
  • article
Notes
  • The concept of utility is interpreted (in M. Friedman\'s intentions) as the present value of future income from investments in human capital occurring in the framework of personal consumption. In this sense consumption is regarded as a productive phenomenon. On this basis the concept of general economic equilibrium can be classified. On the one hand, instead of the disputable theory of social welfare the role of capital market in parallel creating equilibrium between supply and demand of investments opportunities, on the other hand, demand and supply of investment funds is applied. The proposed concept is applicable to explain current changes connected with the transition to knowledge based society.
  • utility, productive consumption, knowledge based society, investment opportunities, human capital, general economic equilibrium, current value of future income
  • RePEc:prg:jnlpol:v:2004:y:2004:i:1:id:450:p:61-73
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment