Basics of contemporary economics: Gottfried Haberler

An attempt is made to summarize some of the most significant economic concepts developed by Gottfried Haberler, a leading economic theorist of the twentieth century. The significance of his theories for modern economic thought is undeniable. His ideas on price indices, the application of opportunity costs to the analysis of international trade, contributions to macroeconomics and development theory continue to have a significant impact on economic theory today.