The Age of the Economist - Couverture souple

Fusfeld, Daniel R.

 
9780673468055: The Age of the Economist

Synopsis

Written especially for students with a limited background in economics, this book explains how a market economy functions through an historical overview of economics. It discusses the major schools of economic thought and ideas of the leading economists of each period. Updated throughout, the book emphasizes the relationship between economic theory and policy, and how both are influenced by events, ideologies and changing economic institutions. The author places particular emphasis on Adam Smith, classical and neoclassical economics, Marx, Keynes and the heterodox writers and the political economy of recent decades. It takes a balanced approach to economic theories, and covers contemporary issues such as unemployment, inflation and growth.

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Présentation de l'éditeur

Fusfeld's clear writing style and explanations make The Age of the Economist accessible to, and appropriate for economists and non-economists alike. Intended for many introductory courses, this short text chronicles the development of modern economics through discussions of the major schools of thought and through biographical sketches of key figures. It demonstrates the relevance of basic economic ideas to the great debates of our own times, and it emphasizes how events, ideologies, and changing economic institutions influence the relationship between economic theory and policy. The ninth edition has been updated throughout, and chapter 15, “The New Economy,” brings readers to the 21st century through a discussion of technology, free trade, and globalization.

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