The path to a modern economics : dealing with the complexity of economic systems / Henning Schwardt.

Author
Schwardt, Henning [Browse]
Format
Book
Language
English
Published/​Created
  • Cham : Palgrave Macmillan, 2017.
  • ©2017
Description
xi, 366 pages ; 22 cm

Availability

Copies in the Library

Location Call Number Status Location Service Notes
Firestone Library - Stacks HB172.5 .S44 2017 Browse related items Request

    Details

    Subject(s)
    Summary note
    The book illustrates how the treatment of complexity in analytical frameworks shapes economic studies. It explores the ways economists make sense of our economic environment and where their differences in interpretations of economic issues and policy proposals are rooted. Schwardt examines developments in economies and the role of the public sector over the last few centuries. Taking a theoretical approach and addressing different analytical frameworks, a basic distinction is introduced between top-down approaches, where assumptions about the economic environment are formulated at the outset; and bottom-up approaches, where an economic environment emerges from the interactions of the individual agents. By recognising the validity of alternate perspectives on economic issues, Schwardt proposes an improved foundation for economics research and policy.
    Bibliographic references
    Includes bibliographical references and index.
    Contents
    • 1. Trends and Changes in Economies
    • 2. Individual, Economic Environment, and Mutual Relation
    • 3. The Functioning and the Functioning of Markets
    • 4. Unemployment as Economic Crises
    • 5. Frameworks for Economic Policies
    • 6. Final Considerations
    • .
    ISBN
    • 9783319527840
    • 3319527843
    OCLC
    967501079
    Statement on language in description
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