Human Psychology And Economic Fluctuation: A New Basic Theory of Human Economics by H. TamuraHuman Psychology And Economic Fluctuation: A New Basic Theory of Human Economics by H. Tamura

Human Psychology And Economic Fluctuation: A New Basic Theory of Human Economics

byH. Tamura

Hardcover | June 6, 2006

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The human factor has received scant attention in modern Economics, however this volume redresses the balance by incorporating human psychology into economic analysis. This book constructs a new basic structure model of economic circulation based on a new flow-like concept of utility (diminishing utility) and analyzes the direct relationship between human psychology and economic fluctuation, while expanding it into a consistent explanation of the generation and the collapse of financial bubbles.
HIDEAKI TAMURA is an assistant to the Director of The Bank of Tokyo-Mitsubishi UFJ.
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Title:Human Psychology And Economic Fluctuation: A New Basic Theory of Human EconomicsFormat:HardcoverDimensions:200 pages, 8.5 × 5.51 × 0.02 inPublished:June 6, 2006Publisher:Palgrave Macmillan UKLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230004822

ISBN - 13:9780230004825

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Table of Contents

The Human Income-Expenditure Balance * Fundamentals of the Theory of Diminishing Utility * Analysis of a Non-Monetary Economy * Extension to Analysis of a Monetary Economy * Human Psychology and Economic Fluctuation * The Effectiveness of Aggregate Demand Management Policy * Dynamic Analysis of Demand Psychology and Policy Implications * A Summary of our Theoretical Framework