The Evolution Of Modern Economic Theory
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| Author | : Steven Kates |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 264 |
| Release | : 2020-06-26 |
| Genre | : Business & Economics |
| ISBN | : 1786433575 |
Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.
| Author | : Lionel Robbins Baron Robbins |
| Publisher | : Transaction Publishers |
| Total Pages | : 268 |
| Release | : |
| Genre | : |
| ISBN | : 0202369641 |
| Author | : T. Negishi |
| Publisher | : North Holland |
| Total Pages | : 420 |
| Release | : 1989-06-15 |
| Genre | : Business & Economics |
| ISBN | : |
This volume aims to interest students of modern economic theory in the history of economics. For this purpose, past economic theories are considered from the point of view of current economic theories and translated, if possible and necessary, into mathematical models. It is emphasized that the currently dominating mainstream theory is not the only possible theory, and that there are many past theories which have important significance to the advancement of economic theory in the present situation, or will have it in the near future.After a brief discussion on the history of economics from the point of view of contemporary economic theory, a bird's-eye view of the historical development of economics is given so that readers can see the significance of topics to be discussed in subsequent chapters in a proper historical perspective. These topics are carefully chosen to show not only what great economists in the past contributed to the development of economics, but also what suggestions for solving our own current problems we can obtain by reworking problems they had to face. The book can be used in advanced undergraduate as well as graduate classes on the history of economics. Mathematical techniques used can easily be understood by advanced undergraduates of economics major, since some models constructed originally by contemporary mathematical economists are carefully reformulated without losing the essence, basic calculus and the rudiments of linear algebra being sufficient for understanding.
| Author | : Dewett K.K. & Navalur M.H. |
| Publisher | : S. Chand Publishing |
| Total Pages | : 992 |
| Release | : 2010 |
| Genre | : Banks and banking |
| ISBN | : 9788121924634 |
Modern Economic Theory is a critique on how monetary revolution across the globe is changing the course of world economies, financial systems and markets. Beginning with discussion on price theory and microeconomics, this classic textbook progresses to describe comprehensively, theory of income and employability or macroeconomics, money and banking, international economies and public finance. Economic systems, economics of development and planning and economies of welfare provide a clear idea about recent developments in and criticism of compensation principle, market structures and social welfare. It adequately meets the requirements of the BA and B.Com courses (Pass and Honours). In addition, postgraduate students of Arts and Commerce and aspirants of various competitive examinations will also find the book very useful and informative.
| Author | : Richard R. Nelson |
| Publisher | : Harvard University Press |
| Total Pages | : 456 |
| Release | : 1985-10-15 |
| Genre | : Business & Economics |
| ISBN | : 9780674041431 |
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
| Author | : Phyllis Deane |
| Publisher | : Cambridge University Press |
| Total Pages | : 260 |
| Release | : 1978-10-05 |
| Genre | : Business & Economics |
| ISBN | : 9780521293150 |
An introduction to the history of economics for undergraduate students. Puts some of the current theoretical controversies into long-term perspective by tracing their historical antecedents and parallels.
| Author | : Sidney Weintraub |
| Publisher | : University of Pennsylvania Press |
| Total Pages | : 600 |
| Release | : 2016-11-11 |
| Genre | : Business & Economics |
| ISBN | : 1512808652 |
This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.
| Author | : Todd G. Buchholz |
| Publisher | : Penguin |
| Total Pages | : 372 |
| Release | : 2007 |
| Genre | : Business & Economics |
| ISBN | : 9780452288447 |
A reexamination of the major economic theories of the past two hundred years discusses how long-dead, famous economists such as Adam Smith and others would handle today's economic problems.
| Author | : Lionel Robbins Baron Robbins |
| Publisher | : |
| Total Pages | : 276 |
| Release | : 1970 |
| Genre | : Economics |
| ISBN | : |
| Author | : Kurt Dopfer |
| Publisher | : Routledge |
| Total Pages | : 153 |
| Release | : 2007-09-27 |
| Genre | : Business & Economics |
| ISBN | : 1134466870 |
The first book to chart the development of the field of evolutionary economics, this book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change. Packed with pedagogical features including essay and tutorial questions, case studies and an extensive bibliography, this book: proposes a new analytic framework for the study of the nature and causes of long run economic growth and development in market systems analyzes the foundations of the neoclassical tradition, before developing a thesis through micro, meso and macro domains drawing conclusions as to what can be learned from the point of view of policy analysis focuses on an open-systems analytical framework and successfully formulates and refines the analytical foundations of a new general theory of economic evolution. This volume is essential reading for scholars and students of economic evolution and as well as for anyone who seeks to better understand the complex evolutionary nature of the structure and dynamics of the knowledge-based economy in today’s society.
