National Accounts and Economic value

A Study in Concepts

  • Authors
  • Utz-Peter┬áReich

Table of contents

  1. Front Matter
    Pages i-ix
  2. Introduction: Why Write About Value in the Context of National Accounts?

  3. Nominal Accounts

    1. Front Matter
      Pages 9-9
    2. Utz-Peter Reich
      Pages 11-31
    3. Utz-Peter Reich
      Pages 32-64
  4. Real Accounts

    1. Front Matter
      Pages 65-65
    2. Utz-Peter Reich
      Pages 67-100
    3. Utz-Peter Reich
      Pages 101-122
  5. Theory of Value

    1. Front Matter
      Pages 123-123
    2. Utz-Peter Reich
      Pages 125-141
    3. Utz-Peter Reich
      Pages 142-154
    4. Utz-Peter Reich
      Pages 155-177
    5. Utz-Peter Reich
      Pages 178-179
  6. Back Matter
    Pages 180-193

About this book


Utz-Peter Reich addresses economists interested in a sound empirical foundation for their theoretical concepts. He investigates economic value and determines how value is defined in theory, which is microeconomic, and how it is measured in practice in national accounts. He demonstrates that microeconomic theory is not made to guide or interpret national accounts figures and he offers an alternative theory.


economic theory Microeconomic Theory microeconomics

Bibliographic information

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