Types of Economic Theory

Types of Economic Theory PDF

Author: Othmar Spann

Publisher: Routledge

Published: 2013-09-05

Total Pages: 330

ISBN-13: 113665884X

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First published in English 1929, this is a reissue of the nineteenth edition of Othmar Spann's classic history of economic thought, which is strongly influenced by the German Romantic tradition. Spann intended the work to serve as both history of economic thought and a critique of the main theories and systems of political economy, analysing the basic problems of economics in the light of the evolution of economic theory. His study encapsulates everything from pre-mercantile economics through to the political economy of the early twentieth century, encompassing such diverse subjects as the physiocratic system, the development of German political economy and the evolution of socialism.

Types of Economic Theory

Types of Economic Theory PDF

Author: Othmar Spann

Publisher: Routledge

Published: 2013-09-05

Total Pages: 331

ISBN-13: 1136658831

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First published in English 1929, this is a reissue of the nineteenth edition of Othmar Spann's classic history of economic thought, which is strongly influenced by the German Romantic tradition. Spann intended the work to serve as both history of economic thought and a critique of the main theories and systems of political economy, analysing the basic problems of economics in the light of the evolution of economic theory. His study encapsulates everything from pre-mercantile economics through to the political economy of the early twentieth century, encompassing such diverse subjects as the physiocratic system, the development of German political economy and the evolution of socialism.

Economic Theory

Economic Theory PDF

Author: Gary S Becker

Publisher: Routledge

Published: 2017-09-08

Total Pages: 243

ISBN-13: 1351327674

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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.

Early Histories of Economic Thought, 1824-1914: Types of economic theory

Early Histories of Economic Thought, 1824-1914: Types of economic theory PDF

Author:

Publisher: Taylor & Francis

Published: 2000

Total Pages: 344

ISBN-13: 9780415237086

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The books reprinted in this set greatly influenced the way the development of economics was perceived and how the history of economics was viewed. Many of the titles represent the first attempts to chart the history of economics both from European and American perspectives. Titles cover the USA, UK, Germany and France, and include: * History of Political Economy from Antiquity to our days [1880]-"Jerome Adolphe Blanqui" * View of the Progress of Political Economy in Europe [1847]--"Travers Twiss" * A Short History of Political Economy in England [1891]-"L.L. Price" * The History of Economics [1896/1911]-"Henry Dunning MacLeod" * History of Economic Thought [1911/1930]-"Lewis H. Haney" * History of Economic Doctrines [1915]-"Charles Gide"and "Charles Rist" * Types of Economic Theory [1930]-"Othmar Spann" * Philosophy and Political Economy in Some of their Historical Relations [1893]-"James Bonar" * The Development of English Thought: a Study in the Economic Interpretation of History [1899]-"Simon N. Patten" * A Guide to the Study of Political Economy [1876]-"Luigi Cossa"

Contending Economic Theories

Contending Economic Theories PDF

Author: Richard D. Wolff

Publisher: MIT Press

Published: 2012-09-07

Total Pages: 425

ISBN-13: 0262517833

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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.

The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money PDF

Author: John Maynard Keynes

Publisher: Springer

Published: 2018-07-20

Total Pages: 404

ISBN-13: 3319703447

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This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

Institutions and Economic Theory

Institutions and Economic Theory PDF

Author: Eirik G. Furubotn

Publisher: University of Michigan Press

Published: 2005-10-21

Total Pages: 676

ISBN-13: 9780472030255

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This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent years. More attention is given to the overlap between the New Institutional Economics and developments in economic history and political science. In addition to updated references, new material includes analysis of parallel developments in the field of economic sociology and its attacks on representatives of the NIE as well as an explanation of the institution-as-an-equilibrium-of-game approach. Already an international best seller, Institutions and Economic Theory is essential reading for economists and students attracted to the NIE approach. Scholars from such disciplines as political science, sociology, and law will find the work useful as the NIE continues to gain wide academic acceptance. A useful glossary for students is included. Eirik Furubotn is Honorary Professor of Economics, Co-Director of the Center for New Institutional Economics, University of Saarland, Germany and Research Fellow, Private Enterprise Research Center, Texas A&M University. Rudolph Richter is Professor Emeritus of Economics and Director of the Center for New Institutional Economics, University of Saarland, Germany.

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