Books by Xiaokai (Monash University) Yang

This text offers a new way of looking at basic economic issues. It teaches economics from a different standpoint, based on specialization and the division of labour.

This innovative new text from Jeffrey Sachs and Xiokai Yang introduces students to development economics from the perspectives of inframarginal analysis and marginal analysis. The book demonstrates how the new-found emphasis on inframarginal analysis has influenced a shift back to an interest in Classical Economics from Neoclassical Economics.