1. Allan G. Gruchy, Modern Economic Thought: The American Contribution (New York: Prentice-Hall, 1947), pp. 557, 563, 564.
2. Guy H. Orcutt et al., Microanalysis of Socioeconomic Systems: A Simulation Study ( New York: Harper Bros., 1961 ).
3. An example of a general disequilibrium microanalytic model is Ebbe Yndgaard, GDM: Computerization of Micro-founded Macro Econometric Models (Aarhus, Denmark: Aarhus University, 1977). An example of a general equilibrium microanalytic model is the Adelman- Robinson model of the Korean economy developed in Irma Adelman and Sherman Robinson, Planning for Income Distribution ( Palo Alto: Stanford University Press, 1977 ).
4. The Adelman-Robinson model is an example of the static type while the dynamic type is exemplified by that described in Robert L. Bennett and Barbara R. Bergmann, A Microsimulated Transactions Model of the United States Economy (forthcoming).
5. The various Orcutt models have been largely stochastic while that of Bennett and Bergmann is largely deterministic.