Stefan Homburg Book order

The book presents a revised Habilitationsschrift accepted by Dortmund University's economic department in 1991, featuring largely unpublished materials discussed at various universities. It explores dynamic efficiency through a structured analysis, including a basic model, general theorems, and implications for storable consumer goods and welfare. Additionally, it examines the relationship between interest rates and economic growth. Acknowledgments highlight contributions from numerous colleagues, particularly Wolfram F. Richter and Niko Wolik, while the author takes responsibility for any remaining errors.

This book is the English translation of one of the most successful macroeconomics textbooks, widely used by economics students. The second English edition continues to offer excellent readability and a clear presentation of concepts.