Two-Sector Model of General Equilibrium

Discover the intricate workings of economic theories with "Two-Sector Model of General Equilibrium" by Harry Johnson, published by Taylor & Francis Inc in 2007. This insightful paperback, spanning 124 pages, is a pivotal contribution to the fields of Business & Economics, particularly in Economics Theory and Monetary Economics.

In this essential read, Johnson introduces a robust theory of general equilibrium, adeptly illustrating the construction of the two-sector model. He explores its vital applications in the theory of distribution and public finance, specifically focusing on income redistribution. Furthermore, this book intricately discusses the conversion of the two-sector model into a growth model. Perfect for students and professionals alike, this book offers a clear and concise understanding of complex economic principles. Add this crucial resource to your collection and deepen your knowledge of economic theories today.