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Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics. Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically. His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.
For much of the 20th century, scientific contacts between the Soviet Union and western countries were few and far between, and often super ficial. In earth sciences, ideas and data were slow to cross the Iron Curtain, and there was considerable mutual mistrust of diverging scient ific philosophies. In geochemistry, most western scientists were slow to appreciate the advances being made in the Soviet Union by os. Korz hinskii, who put the study of ore genesis on a rigorous thermodynamic basis as early as the 1930s. Korzhinskii appreciated that the most fun damental requirement for the application of quantitative models is data on mineral and fluid behaviour at the elevated pressures and tempe...
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Salient Features of Work Your Way to Vigorous English •The book is specifically designed to solve English learning problems of non-native speakers within 117 days by doing 33 tasks in 245 hours of practice. •It is designed to promote English as medium of communication through simple and useful language activities.•It promotes confidence in the learners, cognitive and communicative competence of the learners.