The Path to a Modern Economics: Dealing with the Complexity of Economic Systems

Author:   Henning Schwardt
Publisher:   Springer International Publishing AG
Edition:   1st ed. 2017
ISBN:  

9783319527840


Pages:   366
Publication Date:   07 August 2017
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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The Path to a Modern Economics: Dealing with the Complexity of Economic Systems


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Overview

This 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.

Full Product Details

Author:   Henning Schwardt
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   1st ed. 2017
Weight:   5.913kg
ISBN:  

9783319527840


ISBN 10:   3319527843
Pages:   366
Publication Date:   07 August 2017
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of 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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Author Information

Henning Schwardt is Visiting Teaching Assistant Professor in the Department of Economics at the University of Denver, USA. His research has focused on institutional economics and development economics, as well as complexity economics.  

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