{"product_id":"economic-development-and-the-division-of-labor-9780631220046","title":"Economic Development and the Division of Labor","description":"\u003cp\u003e • Author(s): Xiaokai Yang\u003cbr\u003e • Publisher: Wiley-Blackwell\u003cbr\u003e • Publisher Imprint: Wiley-Blackwell\u003cbr\u003e • BISAC: Development - Economic Development\u003c\/p\u003e\u003cp\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  \u003c\/p\u003e\u003cli style=\"list-style: none\"\u003e\n\u003cbr\u003e  *Inframarginal Analysis vs. Marginal Analysis is presented as a consistent theoretical framework throughout.\u003cbr\u003e  *Shows 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  *Allows 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  *Brings considerable analytic machinery to bear on important problems.\u003cbr\u003e  *A focus on institutions and transaction costs that is very relevant to development economics.\u003cbr\u003e  *Offers 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","brand":"Wiley-Blackwell","offers":[{"title":"Paperback","offer_id":45201450238103,"sku":"9780631220046","price":9324.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780631220046.webp?v=1767307386","url":"https:\/\/atlanticbooks.com\/products\/economic-development-and-the-division-of-labor-9780631220046","provider":"Atlantic Books","version":"1.0","type":"link"}