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This work investigates the fundamental mechanisms of economic growth through the lens of pure theoretical modeling. D. M. Bensusan-Butt, an economist known for his rigorous approach to growth theory, constructs a mathematical framework to isolate the variables that drive long-term capital accumulation and output expansion. By stripping away transient market fluctuations, the author focuses on the structural requirements for sustained economic development within a closed system.
What You Will Find
Economists frequently cite this text as a specialized contribution to the mid-century development of growth theory. Scholars note the high level of abstraction in the prose, which serves as a foundational reference for those studying the evolution of macroeconomic modeling.
Page Count:
224
Publication Date:
1960-01-01
Publisher:
Oxford : Clarendon Press
ISBN-10:
0198281374
ISBN-13:
9780198281375
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