Theory Of Economics category: 2484 books

Does Economics have any demand and supply model? The question looks superfluous, and the answer should be definitely positive. E.g., there is one in the tax incidence theory, but in which market is such theory applicable? Is it applicable to international trade? No, for import and export are two different...

In recent years, the usual optimization techniques, which have proved so useful in microeconomic theory, have been extended to incorporate more powerful topological and differential methods, and these methods have led to new results on the qualitative behavior of general economic and political systems....

Hegel’s philosophy has witnessed periods of revival and oblivion, at times considered to be an unrivalled and all-embracing system of thought, but often renounced with no less ardour. This book renews the dialogue with Hegel by looking at his legacy as a source of insight and judgement that helps...

This book offers a thorough introduction to the highly promising complex agent-based approach to economics, in which agent-based models (ABMs) are used to represent economic systems as complex and evolving systems composed of heterogeneous agents of limited rationality who interact with each other,...

This book is a discourse on modelling Man in a social context. Its focus is on economic main-stream theory in its capacity to handle basic problems such as uncertainty, social dynamics and ethics. The point of departure is a systematic critique of the specific methodology of economics and its axiomatic...

The Principle of Large Numbers indicates that macro fluctuations have weak microfoundations; persistent business cycles and interrupted technologies can be better characterized by macro vitality and meso foundations. Economic growth is limited by market extent and ecological constraints. The trade-off...

Labor should be the ultimate caring object of Economics. Whom else is Economics for? The main contents of Karl Marx’s capitalism were devoted to criticizing capitalists or factory owners for their negligence of workers’ welfare. When workers are well taken care of, bosses can earn more money....

The book has an active table of contents for readers to access each chapter. Principles of Economics by Frank A. Fetter constructed a general theory of economics in the Austrian tradition. Using the axiomatic-deductive method, Fetter traced economic laws to individual human action. The book also...

The notion of marginalism is central to modern economic theory. Its emergence, in the 1870s, underpinned the change from classical economics to modern (micro)economics, described by Schumpeter as a “revolution”. This book explores the origins of the concept, its development and role in modern...

The book has an active table of contents for easy access to each chapter as the follows: 1. TWO TREATISES OF GOVERNMENT – JOHN LOCKE 2. OF THE ORIGINAL CONTRACT – DAVID HUME 3. OF THE FIRST PRINCIPLES OF GOVERNMENT – DAVID HUME 4. OF THE ORIGIN OF GOVERNMENT –...

This book has an active table of contents for readers to easy access to each chapter of the following titles: 1. THE THEORY OF INTEREST – IRVING FISHER 2. FISHER'S RATE OF INTEREST - THORSTEIN VEBLEN Irving Fisher was the greatest economist the United States has ever produced....

Why did VHS, an inferior video recording technology, succeed in the marketplace, driving the superior Betamax out of business? Why do big-budget, acclaimed movies sometimes flop at the box office, while low-budget, idiosyncratic films become huge hits? The answers to these questions, says Paul Omerod,...

This textbook is an introduction to game theory, which is the systematic analysis of decision-making in interactive settings. Game theory can be of great value to business managers. The ability to correctly anticipate countermove by rival firms in competitive and cooperative settings enables managers...

Published for the first time together in one volume is Ludwig von Mises’s Notes and Recollections with The Historical Setting of the Austrian School of Economics. Written between 1940 and 1941, shortly after he arrived in the United States, Notes and Recollections is in effect Mises’s pre-1940...