Economics of Growth and Crisis (TandemVipera Economics Book 1) (English Edition) Kindle Edition
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The new economic growth theory uses a completely different approach than usual in classical growth theory of economics. We will use just fundamental analytical principles as applied on a regular basis in physics and technical engineering. The modern field theory is the basis for a new approach to economic problems, which means identification, understanding and solving financial problems, which otherwise inevitable lead to seemingly insolvable and recurrent political and social trouble, and even catastrophes. The usefullness of the new growth theory of the economies can not be exaggerated as it can predict the evolution and interdependence of global economies, including financial crisis, with practically usable high accuracy. This book is an introduction for professionals into the new macroeconomic theory which has evolved since 2009. It is still so new that it is an object of research and development and needs, as every fresh theory, further scientific work. These started since late 2010 with the participation of the economic faculty at the University of Zug, IFZ Institute for Financial Services, Switzerland.
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