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acceleration principle analysis assumed assumption average axiom balance balance line batch behaviour budget capital cent co-ordination commodities competition consumer consumption curve decision deﬁned deﬁnition demand devaluation Diagram discussion distribution economic economists effect elasticity equation equilibrium estimate expenditure exports factors ﬁeld ﬁgures ﬁnal ﬁnance ﬁnancial ﬁnd ﬁrms ﬁrst ﬁxed ﬂow ﬂuctuations function given Harrod Hicks imperfect competition important income-sequence incomes greater increase industry inferior inﬂuence integrability investment labour limits manufacturers marginal mathematical measures ment method national income oligopoly ordinal utility organisation output Pareto payments period population possible price maintenance price-sets problem production Professor proﬁts R. G. D. Allen rate of interest relative mean difference reparations resale price resale price maintenance retail revealed preference Ricardo Say’s Law scheme signiﬁcant social society speciﬁc Stackelberg statistical statistician supply theory tion trade uniform costing utility value of stocks