Author : Jürg Niehans
Publisher : Johns Hopkins University Press
Page : 592 pages
File Size : 12,91 MB
Release : 1994-10-01
Category : Business & Economics
ISBN : 9780801849763
This book offers a comprehensive account of the builders and building blocks of modern mainstream economics. Jrg Niehans shows how the analytical tools used by economists have evolved from the eighteenth century to the present, and he describes economic theory in the model-building era, from Pigou and Keynes to Rational Expectations.
Author : T. Negishi
Publisher : North Holland
Page : 420 pages
File Size : 45,49 MB
Release : 1989-06-15
Category : 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 : Marian Bowley
Publisher : Springer
Page : 238 pages
File Size : 50,72 MB
Release : 1973-06-18
Category : Business & Economics
ISBN : 1349018740
Author : Sir John Richard Hicks
Publisher : Oxford University Press on Demand
Page : 181 pages
File Size : 34,55 MB
Release : 1969
Category : Social Science
ISBN : 9780198811633
Author : Richard D. Wolff
Publisher : MIT Press
Page : 425 pages
File Size : 37,38 MB
Release : 2012-09-07
Category : Business & Economics
ISBN : 0262517833
A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.
Author : Gary S Becker
Publisher : Routledge
Page : 243 pages
File Size : 33,54 MB
Release : 2017-09-08
Category : Business & Economics
ISBN : 1351327666
Others might have called this book Micro Theory or Price Theory. Becker's choice of Economic Theory as the title for his book reflects his deep belief that there is only one kind of economic theory, not separate theories for micro problems, macro problems, non-market decisions, and so on. Indeed, as he notes, the most promising development in recent years in the literature on large scale economic problems such as unemployment has been the increasing reliance on utility maximization, a concept generally identified with microeconomics. Microeconomics is the subject matter of this volume, but it is emphatically not confined to microeconomics in the literal sense of micro units like firms or households. Becker's main interest is in market behavior of aggregations of firms and households. Although important inferences are drawn about individual firms and households, the author tries to understand aggregate responses to changes in basic economic parameters like tax rates, tariff schedules, technology, or antitrust provisions. His discussion is related to the market sector in industrialized economies, but the principles developed are applied to other sectors and different kinds of choices. Becker argues that economic analysis is essential to understand much of the behavior traditionally studied by sociologists, anthropologists, and other social scientists. The broad definition of economics in terms of scarce means and competing ends is taken seriously and should be a source of pride to economists since it provides insights into a wide variety of problems. Practically all statements proved mathematically are also provided geometrically or verbally in the body of the text.
Author : Roberto Marchionatti
Publisher : Palgrave Macmillan
Page : 309 pages
File Size : 31,3 MB
Release : 2020-05-21
Category : Business & Economics
ISBN : 9783030402969
This book, set out over three volumes, provides a comprehensive history of economic thought in the 20th century with special attention to the cultural and historical background in the development of theories, to the leading or the peripheral research communities and their interactions or controversies, and finally to an assessment and critical appreciation of economic theories throughout these times. It takes as its subject matter the canon of publications by major thinkers who self-consciously conceived of themselves as 'economists' in the modern academic sense of the term. It is a history of how, when and where the discipline of Economics took root in major universities and scientific communities of economists, and evaluates the emergence of different 'schools' of thoughts. Volume I addresses economic theory in the golden age of capitalism. It considers the contributions of Marshall, Pareto, Wicksteed, Schmoller, Bohm-Bawerk, Schumpeter, Wicksell, Fisher, Veblen and other major thinkers, as well as the universities of Cambridge, Lausanne, Vienna, Berlin, and some others in US, before concluding with a look at the impact that the great war had on the discipline. This work provides a significant and original contribution to the history of economic thought and gives insight to the thinking of some of the major international figures in economics as shown in major works published across the last 130 years. It will appeal to students, scholars and the more informed reader wishing to further their understanding of the history of the discipline.
Author : Heinz D. Kurz
Publisher : Columbia University Press
Page : 221 pages
File Size : 31,57 MB
Release : 2016-05-03
Category : Business & Economics
ISBN : 0231540752
In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories. Over the course of this journey, Kurz explains what Adam Smith meant by the "invisible hand"; how Karl Marx's "law of motion" works in capitalist economies; the roots of the Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keynes's principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.
Author : Robert B. Ekelund, Jr.
Publisher : Waveland Press
Page : 753 pages
File Size : 15,80 MB
Release : 2013-08-30
Category : Business & Economics
ISBN : 1478611065
Known for its clarity, comprehensiveness, and balance, the latest edition of A History of Economic Theory and Method continues that tradition of excellence. Ekelund and Hébert’s survey provides historical and international contexts for how economic models have served social needs throughout the centuries—beginning with the ancient Greeks through the present time. The authors not only trace ideas that have persisted but skillfully demonstrate that past, discredited ideas also have a way of spawning critical thinking and encouraging new directions in economic analysis. Coverage that distinguishes the Sixth Edition from its predecessors includes a detailed analysis of economic solutions by John Stuart Mill and Edwin Chadwick to problems raised by the Industrial Revolution; the role of psychology and “experiments” in understanding demand and consumer behavior; discussions of modern economic theory as it interrelates with other social sciences; and a close look at the historical development of the critical role of entrepreneurship, both in its productive and unproductive variants. The authors’ creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Well-crafted discussions are further enriched by absorbing examples and figures. Thorough suggested reading lists give options for more in-depth explorations by interested readers.
Author : Karl Marx
Publisher : Pickle Partners Publishing
Page : 641 pages
File Size : 23,41 MB
Release : 2018-12-01
Category : Business & Economics
ISBN : 1789124611
Karl Marx’s History of Economic Theories from the Physiocrats to Adam Smith is Part I of the legendary but previously untranslated Volume IV of Marx’s Capital. Although it was written some ninety years ago, it remained unpublished until the first German edition appeared in 1904. Originally, Marx had intended to prepare the first three volumes for publication, then, from the remaining mass of manuscript, to extract a final volume constituting a history of theories of surplus value. Engels, who became Marx’s literary executor, was unable to follow this plan during his lifetime and assigned the task to Kautsky. Kautsky, however, found it impossible to carry out the project in the form intended. Much of the material indicated by Marx and Engels for inclusion in Volume IV had already been covered, in part at least, in the three preceding volumes. Consequently, the work as it now stands does not follow Marx’s precise plan. It is more comprehensive in scope, deals with economic theories whose relation to surplus value and profit is not immediate, and more closely approaches a complete and critical history of economic theories than the narrower concept which Marx had had in mind.
