Contents

pp v-vi

List of Tables

pp vii-vii

List of Diagrams

pp vii-vii

Preface

pp viii-viii

INTRODUCTION

I - Newmarch and the Progress of Statistical Inquiry

pp 1-5

II - Economics and Measurement

pp 5-7

III - Four Types of Question in Economics

pp 7-8

FOUR ASPECTS OF THE PROBLEM OF MEASUREMENT

IV - Facts and Empirical Constructs

pp 9-12

V - Deductively Formulated Theories and their Verification

pp 12-15

VI - Postulates for the Theory of Choice

pp 15-18

VII - The Estimation of Parameters

pp 18-22

VIII - The Nature of Prediction

pp 23-23

IX - A Simple Model

pp 23-25

X - The Development of a Linear Model over Time

pp 25-27

XI - Prediction and Economic Policy

pp 27-32

XII - Practical Objections to Exact Models

pp 32-35

XIII - Prediction from Static Models

pp 36-37

SOME ILLUSTRATIONS OF THE PROBLEMS OF MEASUREMENT

XIV - Social Accounting

pp 38-38

XV - The Three Forms of Economic Activity

pp 38-43

XVI - Transactions in the British Economy in 1948: an Example

pp 43-46

XVII - The Derivation of the Example from Published Sources

pp 47-48

XVIII - The Structure of Transactions and Some Important National Aggregates

pp 48-51

XIX - The Group Structure of Transactions

pp 51-53

XX - Systems of Transactions from the Viewpoint of Accountancy

pp 53-57

XXI - Statistical Design in Social Accounting

pp 57-60

XXII - Market Demand from the Viewpoint of Economic Theory

pp 60-63