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Open Access

Date Range

1982-1985

Description

  • This collection contains a lecture handout for Econ 204: Advanced Political Economy I by Willi Semmler (Fall 1984).

  • It includes multiple class reading lists from Fall 1983 and Spring 1984.

  • The materials feature handouts on topics such as:

    • Accumulation and Cycles (Goodwin Model)

    • Conditions for Extended Reproduction and Determinants of the Growth of the Two Departments

    • Production of Surplus Value — and the Rate of Profit

    • Example for an Inconsistency in Exchange

    • The Marxian Treatment of Fixed Capital and the Influence of Turnover Time on Values, Relative Prices, and the Profit Rate

    • Turnover, Fixed and Circulating Capital and Instability

    • The Three Circuits of Capital and Their Unity

  • Additional class materials include discussion questions, midterm topics, and a handout on Accumulation and Industrial Reserve Army.

  • The collection also contains scholarly papers by Willi Semmler, including:

    • On Nonlinear Theories of Economic Cycles and the Persistence of Business Cycles

    • Competition, Cycles, and Growth (February 1985)

  • Furthermore, it includes a collaborative paper by Semmler and Peter Flaschel titled The Dynamic Equalization of Profit Rates on Multiproduct Industry Levels.

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