How Long to Read Out of Equilibrium

How Long Does it Take to Read Out of Equilibrium?

It takes the average reader 4 hours and 50 minutes to read Out of Equilibrium by Mario Amendola

Assuming a reading speed of 250 words per minute. Learn more

Description

Standard equilibrium economic models focus on interdependencies. In Out of Equilibrium, Amendola and Gaffard develop a theory also dealing with interdependencies, but based on disequilibria, which take the form of feedback mechanisms over time. The way in which these disequilibria interact sequentially determines the evolution path of an economy. As a result, different processes may be associated with any kind of original shock. Whereas in equilibrium models these processes are determined by the 'fundamentals' of the economy, here the outcome is heavily influenced by the processes themselves, the sequential decisions taken, and policies followed. The model proposed in this book is a heuristic tool that makes it possible to explore these `disequilibria'. By using it, economic phenomena and policy recommendations appear entirely different, and in most cases the interpretations made are diametrically opposite to those advocated by the dominant equilibrium theory, thus giving a new perspective on the recent past of the Western economies.

How long is Out of Equilibrium?

Out of Equilibrium by Mario Amendola is 290 pages long, and a total of 72,500 words.

This makes it 98% the length of the average book. It also has 89% more words than the average book.

How Long Does it Take to Read Out of Equilibrium Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 36 minutes to read Out of Equilibrium aloud.

What Reading Level is Out of Equilibrium?

Out of Equilibrium is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Out of Equilibrium?

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