Microeconomics of Interactive Economies: Evolutionary, Institutional, and Complexity Perspectives. A ‘Non-Toxic’ Intermediate Textbook

Author:   Wolfram Elsner
Publisher:   Edward Elgar Publishing Ltd
ISBN:  

9781781009031


Pages:   272
Publication Date:   30 July 2012
Format:   Paperback
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

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Microeconomics of Interactive Economies: Evolutionary, Institutional, and Complexity Perspectives. A ‘Non-Toxic’ Intermediate Textbook


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Overview

This thorough reconstruction of microeconomics 'post-2008' provides economic students with a new way of real-world understanding and strategic qualification that will be better appreciated by their future employers and any professional practice. It will prove essential for economic students and other social science programs at a graduate level. This accessible and engaging textbook includes: A survey of the most famous core models of modern microeconomics including the neoclassical approach and its heterodox critiques - Sraffian, Institutionalist, Post-Keynesian and Mirowskian An introduction to complexity thinking in economics An introduction to game theory An introduction to the methods of complex computer simulation An introduction to strategic behavior An newly integrated approach to real-world and complexity economics, rather than focusing on neoclassical ('perfect') market equilibrium 'plus a thousand recent extra things on top'. See the companion website - www (dot) microeconomics (dot) us - for teaching material, readings, exams and as a general guide to explore issues raised in the book.

Full Product Details

Author:   Wolfram Elsner
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Dimensions:   Width: 15.60cm , Height: 1.60cm , Length: 23.40cm
Weight:   0.448kg
ISBN:  

9781781009031


ISBN 10:   1781009031
Pages:   272
Publication Date:   30 July 2012
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Contents: Preface - Microeconomics in Times of Crisis: A `Post-2008' Textbook, its Aims and Scope Didactics - How to Work with this Textbook 1. Introduction to the Microeconomics of Interactive Economies 2. Methods for Analyzing Interactive Economies: An Introduction to Game Theory 3. Problem Structures and Processes of Interactive Economies 4. Real-World Markets: Hierarchy, Size, Power, and Direct Interdependence 5. Ideal Neoclassical Market and General Equilibrium 6. Critique of the Neoclassical `Perfect Market' Economy and Alternative Price Theories 7. Methods for Analyzing Complex Processes: An Introduction to Computer Simulation 8. Recent Core Models of Complexity Microeconomics 9. A Universe of Economies: Interdependence and Complexity, System Trajectories, Chaos, and Self-Organization References Index

Reviews

'Here, at last, we have the ideal textbook for microeconomics from an evolutionary and institutional perspective. Wolfram Elsner does nothing less than reconstruct the principles of microeconomics for a world of interactive business networks, change and innovation, crisis and uncertainty, as well as coordination problems and cooperative joint ventures. The publication of this book is a landmark event in microeconomics.' - Phillip A. O'Hara, Curtin University of Technology, Perth, Australia and President-Elect of AFEE, 2012 'This microeconomics textbook by Wolfram Elsner provides a timely alternative for understanding the micro roots of uncertainty, complexity and crisis. The evolutionary and institutional perspective sheds new light on contemporary issues such as clusters, networks, innovation and coordination. By reading this textbook, teachers, students and practitioners will open their minds to new economic thinking.' - Ping Chen, Peking University, Beijing, Fudan University, Shanghai, China and author of Economic Complexity and Equilibrium Illusion


A 'Non-Toxic' Intermediate Textbook 'Here, at last, we have the ideal textbook for microeconomics from an evolutionary and institutional perspective. Wolfram Elsner does nothing less than reconstruct the principles of microeconomics for a world of interactive business networks, change and innovation, crisis and uncertainty, as well as coordination problems and cooperative joint ventures. The publication of this book is a landmark event in microeconomics.' -- Phillip A. O'Hara, Curtin University of Technology, Perth, Australia and President-Elect of AFEE, 2012 'This microeconomics textbook by Wolfram Elsner provides a timely alternative for understanding the micro roots of uncertainty, complexity and crisis. The evolutionary and institutional perspective sheds new light on contemporary issues such as clusters, networks, innovation and coordination. By reading this textbook, teachers, students and practitioners will open their minds to new economic thinking.' -- Ping Chen, Peking University, Beijing, Fudan University, Shanghai, China and author of Economic Complexity and Equilibrium Illusion


Author Information

Wolfram Elsner, Professor of Economics, iino - Institute for Institutional and Innovation Economics, Faculty of Business Studies and Economics, University of Bremen, Germany

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