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The path to a modern economics : dealing with the complexity of economic systems / Henning Schwardt.
Author
Schwardt, Henning
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Format
Book
Language
English
Published/Created
Cham : Palgrave Macmillan, 2017.
©2017
Description
xi, 366 pages ; 22 cm
Availability
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Location Service
Notes
Firestone Library - Stacks
HB172.5 .S44 2017
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Subject(s)
Macroeconomics
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Economic policy
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Development economics
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Economics
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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
.
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ISBN
9783319527840
3319527843
OCLC
967501079
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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The path to a modern economics : dealing with the complexity of economic systems / Henning Schwardt.
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